Last $2.61 USD
Change Today +0.04 / 1.56%
Volume 172.3K
NWY On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

new york & co (NWY) Snapshot

Open
$2.57
Previous Close
$2.57
Day High
$2.67
Day Low
$2.55
52 Week High
03/21/14 - $5.10
52 Week Low
12/17/14 - $2.31
Market Cap
167.7M
Average Volume 10 Days
228.2K
EPS TTM
$-0.01
Shares Outstanding
64.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for NEW YORK & CO (NWY)

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new york & co (NWY) Details

New York & Company, Inc., together with its subsidiaries, operates as a specialty retailer of women’s fashion apparel and accessories in the United States. It offers a merchandise assortment consisting of wear-to-work, casual apparel, and accessories, including pants, dresses, jackets, knit tops, blouses, sweaters, denim, T-shirts, active wear, handbags, and jewelry under the New York & Company, Lerner, Lerner New York, NY Style, City Style, and NY&C brands for women between the ages of 25 and 45. The company sells its merchandise through its network of retail stores and online at nyandcompany.com. As of December 3, 2014, it operated 512 stores in 43 states with 57 outlet stores and 2.6 million selling square feet. New York & Company, Inc., formerly known as NY & Co. Group, Inc., was founded in 1918 and is headquartered in New York, New York.

1,955 Employees
Last Reported Date: 04/15/14
Founded in 1918

new york & co (NWY) Top Compensated Officers

Chief Executive Officer, Director and Chairma...
Total Annual Compensation: $800.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $462.5K
Executive Vice President of Human Resources
Total Annual Compensation: $325.0K
Executive Vice President of Global Sales
Total Annual Compensation: $500.0K
Compensation as of Fiscal Year 2013.

new york & co (NWY) Key Developments

New York & Company, Inc. Announces Unaudited Consolidated Results for the Third Quarter and Nine Months Ended November 1, 2014; Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2015; Expects to Close Nine Existing New York & Company Locations During the Fourth Quarter of Fiscal Year 2014; Plans to Open 12 New Stores

New York & Company Inc. announced unaudited consolidated results for the third quarter and nine months ended November 1, 2014. For the quarter, the company's net sales were $210.3 million. as compared to $217.6 million for the third quarter ended November 2. 2013. Operating loss was $9.474 million against $3.119 million a year ago. Loss before income taxes was $9.586 million against $3.215 million a year ago. Net loss was $9.736 million against $3.434 million a year ago. Diluted loss per share was $0.15 against $0.05 a year ago. Non-GAAP basis, adjusted operating loss was $6.7 million. On a non-GAAP basis, adjusted net loss was $6.9 million, or a loss of $0.11 per diluted share. Capital spendingwas $10.3 million, as compared to $5.6 million in last year's third quarter, primarily reflecting the remodeling of six New York & Company stores and the opening of six new stores, including five Outlet stores, in addition to the relocation and build-out of the corporate headquarters. For the nine months, the company's net sales were $656.0 million, as compared to $668.2 million for the nine months ended November 2. 2013. Operating loss was $9.233 million against $4.145 million a year ago. Loss before income taxes was $9.514 million against $4.420 million a year ago. Net loss was $10.165 million against $4.549 million a year ago. Diluted loss per share was $0.16 against $0.07 a year ago. Net cash used in operating activities was $8.273 million against $11.450 million a year ago. Capital expenditures were $21.026 million against $12.614 million a year ago. On a non-GAAP basis, adjusted net loss was $7.4 million, or a loss of $0.12 per diluted share. On a non-GAAP basis, adjusted operating loss was $6.4 million. The company announced that for the fourth quarter of fiscal year 2015 net sales and comparable store sales are expected to be flat to down in the low single-digit percentage versus last year. Gross margin is expected to be down approximately 200 basis points from the prior year's rate reflecting improved product costs offset by increased promotional activity, increased freight and shipping costs associated with the implementation of the company's contingency plans resulting from the recent port delays and decreased leverage of buying and occupancy expenses. On a non-GAAP basis, excluding the non-recurring charges of $5.9 million, adjusted operating income is expected to be approximately breakeven, as compared to the prior year's operating income of $7.2 million. On a non-GAAP basis, excluding the non-recurring charges of $5.9 million, adjusted net income is also expected to be approximately breakeven, as compared to the prior year's net income of $6.9 million. Capital expenditures for the fourth quarter of fiscal year 2014 are projected to be between $14 million and $16 million, as compared to $6.2 million of capital expenditures in the fourth quarter of last year. The increase reflects: Continued investments in information technology and eCommerce; and Capital expenditures of approximately $7 million related to the company's relocation and build-out of its new corporate headquarters. Depreciation expense for the fourth quarter of fiscal year 2014 is estimated at $7 million. The company expects to close nine existing New York & Company locations during the fourth quarter of fiscal year 2014. The company plans to end fiscal year 2014 having opened 12 new stores, including 11 outlet stores, remodeled 11 existing stores and closed approximately 16 stores, ending the fiscal year with roughly 503 stores, including 62 Outlet stores, and approximately 2.6 million selling square feet.

New York & Company Inc. to Report Q3, 2015 Results on Dec 03, 2014

New York & Company Inc. announced that they will report Q3, 2015 results at 5:00 PM, Eastern Standard Time on Dec 03, 2014

New York & Company Inc., Q3 2015 Earnings Call, Dec 03, 2014

New York & Company Inc., Q3 2015 Earnings Call, Dec 03, 2014

 

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Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 1.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.1x
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