Last $3.47 USD
Change Today -0.02 / -0.57%
Volume 42.5K
NWY On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 1:06 PM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

new york & co (NWY) Snapshot

Open
$3.49
Previous Close
$3.49
Day High
$3.56
Day Low
$3.41
52 Week High
10/2/13 - $5.97
52 Week Low
08/15/14 - $2.93
Market Cap
220.9M
Average Volume 10 Days
189.8K
EPS TTM
$0.06
Shares Outstanding
63.7M
EX-Date
--
P/E TM
60.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for NEW YORK & CO (NWY)

Related News

No related news articles were found.

new york & co (NWY) Related Businessweek News

No Related Businessweek News Found

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 August 21, 2014, it operated 509 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

Laura Weil Resigns from Her Position as Executive Vice President and Chief Operating Officer of New York & Company, Inc

On August 18, 2014, Laura Weil resigned from her position as Executive Vice President and Chief Operating Officer of New York & Company Inc. effective immediately.

New York & Company, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter of 2014; to Open New Outlet Stores

New York & Company Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the second quarter of fiscal year 2014, the company's net sales were $226.1 million, as compared to $223.1 million for the second quarter ended August 3, 2013. Comparable store sales for the second quarter of fiscal year 2014 increased 2.3% following an increase of 2.1% for the second quarter of fiscal year 2013. Operating income for the second quarter of fiscal year 2014 was $0.2 million which was in-line with the company's previously issued guidance and marks a significant improvement of $2.4 million compared to the prior year's second quarter operating loss of $2.2 million. Net loss for the second quarter of fiscal year 2014 narrowed to $0.1 million, or essentially breakeven per diluted share. This compares to the prior year's net loss of $2.7 million, or a loss of $0.04 per diluted share. Capital spending for the second quarter of fiscal year 2014 was $5.5 million, as compared to $4.0 million in last year's second quarter, primarily reflecting the remodeling of four New York & Company stores, long with the opening of four new Outlets. Income before income taxes was $95,000 against loss of $2,333,000 a year ago. For the six months ended August 2, 2014, the company's net sales were $445.7 million, as compared to $450.5 million for the six months ended August 3, 2013. Comparable store sales increased 0.1% for the six months ended August 2, 2014, as compared to flat in the prior year period. Operating income for the six months ended August 2, 2014 was $0.2 million versus the prior year's operating loss of $1.0 million. Net loss for the six months ended August 2, 2014 was $0.4 million, or a loss of $0.01 per diluted share. This compares to the prior year net loss of $1.1 million, or a loss of $0.02 per diluted share. Income before income taxes was $72,000 against loss of $1,205,000 a year ago. Net cash provided by operating activities was $2,141,000 against $5,053,000 a year ago. Capital expenditures were $8,879,000 against $6,996,000 a year ago. Regarding expectations for the third quarter of fiscal year 2014, the company provided the following guidance: net sales for the third quarter of fiscal year 2014 are expected to be up slightly versus last year. The company's comparable store sales are expected to be up slightly for the third quarter of fiscal year 2014 following a 3.0% comparable store sales increase in the prior year period. The company expects gross margin to be up slightly from the prior year's rate reflecting improved product costs and improved leverage of buying and occupancy costs. Operating loss for the third quarter of fiscal year 2014 is expected to increase from last year's operating loss of $3.1 million due to approximately $1 million of non-recurring duplicative rent expense and approximately $0.7 million severance charges. Capital expenditures remain consistent with the company's prior guidance and for the third quarter of fiscal year 2014 are projected to be approximately $16 million as compared to $5.6 million of capital expenditures in the third quarter of last year. This increase reflects: Continued investments in information technology and eCommerce; real estate spending to support the opening of five new Outlet stores and one New York & Company store, along with remodels; and capital expenditures of approximately $4 million related to the company's previously disclosed relocation and build-out of its new corporate headquarters; depreciation expense for the third quarter of fiscal year 2014 is estimated at $7 million. During the third quarter of fiscal year 2014, the company expects to open approximately five new outlet stores and one New York & Company store, remodel six existing locations, and close two stores ending the third quarter of fiscal year 2014 with roughly 513 stores, including 62 Outlet stores.

New York & Company Inc. to Report Q2, 2015 Results on Aug 21, 2014

New York & Company Inc. announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Aug 21, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NWY:US $3.47 USD -0.02

NWY Competitors

Market data is delayed at least 15 minutes.

Company Last Change
American Apparel Inc $0.98 USD -0.0399
bebe stores inc $3.05 USD +0.08
Oxford Industries Inc $61.97 USD +0.42
Pacific Sunwear of California Inc $2.20 USD -0.09
Wet Seal Inc/The $0.98 USD -0.0375
View Industry Companies
 

Industry Analysis

NWY

Industry Average

Valuation NWY Industry Range
Price/Earnings 72.0x
Price/Sales 0.2x
Price/Book 1.9x
Price/Cash Flow 72.1x
TEV/Sales 0.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NEW YORK & CO, please visit www.nyandcompany.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.