In the course of current trading session Following Stocks are among the “Top Priority Stocks” For Traders: PVH Corp (NYSE:PVH), Five Below Inc (NASDAQ:FIVE), Red Hat Inc (NYSE:RHT), McCormick & Company, Incorporated (NYSE:MKC)
- PVH Corp (NYSE:PVH), with shares picked up 1.59% is now trading at $105.60. The Stock is active as 1.83M shares changed hands versus its average volume of 1.51M shares.
- Five Below Inc (NASDAQ:FIVE), with shares raised 10.89% is now trading at $35.69. The Stock is active as 4.54M shares changed hands versus its average volume of 1.17M shares.
- Red Hat Inc (NYSE:RHT) with shares enhanced 9.28% is now trading at $74.80, hitting new 52-week high of $74.98. The Stock is active as 4.21M shares changed hands versus its average volume of 1.25M shares.
- McCormick & Company, Incorporated (NYSE:MKC) with shares rose 1.00% is now trading at $76.75. The Stock is active as 369,640.00 shares changed hands versus its average volume of 654,110.00 shares.
Latest NEWS regarding these Stocks are depicted underneath:
PVH Corp. (NYSE:PVH)
PVH Corp. (PVH), stated 2014 fourth quarter and full year results and declared 2015 guidance.
CEO Comments:
Emanuel Chirico, Chairman and Chief Executive Officer, noted, Overall, we are happy with our fourth quarter results, which matched the top end of our earnings guidance, despite the highly challenging market environment and foreign currency headwinds. The Calvin Klein and Tommy Hilfiger businesses delivered improved year over year results, driven by the strength of their global consumer appeal. 2014 was a year of action for PVH, as we followed through with the investments initiated in 2013, which centered on our people, products, infrastructure, supply chain and distribution. We also declared the exit of our Izod retail business by the end of 2015 to focus on our higher margin businesses.
Mr. Chirico continued, Looking ahead to 2015, we are taking a prudent approach to planning our business. The strength of the U.S. dollar relative to other major currencies in which we conduct business and the volatile global macroeconomic environment is predictable to have a noteworthy negative influence on our 2015 results. Nonetheless, we expect that our global lifestyle brands, Calvin Klein and Tommy Hilfiger , will continue to demonstrate strong underlying performance globally.
Mr. Chirico concluded, We remain committed to maximizing the potential of our businesses and believe the strength of our brands, together with the planned investments made during 2013 and 2014, together with our strong balance sheet and continued debt repayment, will position us to deliver long term global growth and stockholder value.
PVH Corp. operates as an apparel corporation in the United States and internationally. It is engaged in the design, marketing, and retail of branded dress shirts, neckwear, sportswear, swim products, footwear, athletic apparel, body wear, eyewear, sunwear, watches, handbags, men’s tailored clothing, men’s dress furnishings, accessories, women’s dresses and suits, women’s performance apparel, golf apparel, hosiery, socks, small leather goods, fragrances, home and bedding products, bathroom accessories, and luggage.
Five Below, Inc. (NASDAQ:FIVE)
Five Below, Inc. (FIVE), declared financial results for the thirteen weeks and fifty-two weeks ended January 31, 2015.
For the thirteen weeks ended January 31, 2015:
Net sales raised by 24.4% to $263.8 million from $212.0 million in the fourth quarter of fiscal 2013; comparable store sales raised by 3.2%.
Operating revenue raised to $52.9 million from $40.3 million in the fourth quarter of fiscal 2013. Adjusted operating revenue, which excludes the influence of the founders’ transaction in the fourth quarter of fiscal 2013, raised to $52.9 million from $41.9 million in the fourth quarter of fiscal 2013.
The Corporation opened one new store and ended the quarter with 366 stores in 21 states. This represents an raise of 20% from the end of the fourth quarter of fiscal 2013.
U.S. generally accepted accounting principles, or GAAP, net revenue was $33.3 million contrast to $24.8 million in the fourth quarter of fiscal 2013. Adjusted net revenue, which excludes the influence of the founders’ transaction in the fourth quarter of fiscal 2013, was $33.3 million contrast to $25.8 million for the fourth quarter of fiscal 2013.
GAAP diluted revenue per ordinary share was $0.61 contrast to $0.45 in the fourth quarter of fiscal 2013. Adjusted diluted revenue per ordinary share, which is adjusted net revenue on an adjusted diluted weighted average shares outstanding basis in the fourth quarter of fiscal 2013, was $0.61 per share contrast to $0.47 per share in the fourth quarter of fiscal 2013.
First Quarter and Fiscal 2015 Outlook:
For the first quarter of fiscal 2015, net sales are predictable to be in the range of $150 million to $152 million based on opening 18 new stores and assuming a 1.0% to 2.0% raise in comparable store sales. GAAP net revenue is predictable to be in the range of $3.2 million to $3.8 million, with a GAAP diluted revenue per ordinary share range of $0.06 to $0.07 on about 54.8 million estimated diluted weighted average shares outstanding.
For fiscal 2015, net sales are predictable to be in the range of $816 million to $824 million based on opening 70 new stores for the full year and assuming an approximate 3% raise in comparable store sales. GAAP net revenue is predictable to be in the range of $55.9 million to $57.7 million, with a GAAP diluted revenue per ordinary share of $1.02 to $1.05 on about 55.0 million estimated diluted weighted average shares outstanding.
Five Below, Inc. operates as a specialty value retailer in the United States. It offers various products priced at $5 and below. The corporation offers accessories, such as novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, and attitude T-shirts, in addition to beauty products, counting nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space comprising glitter lamps, posters, frames, fleece blankets, pillows, candles, incense and related items, and storage options for the customer’s room and locker.
Red Hat, Inc. (NYSE:RHT)
Red Hat, Inc. (RHT), declared that the corporation was honored by Google for Work as the 2014 Global Partner of the Year: Technology. The award was presented at TeamWork 2015, Google for Work’s annual global partner summit, which took place in San Diego. The Technology partner of the year award emphasizes Red Hat’s proven track record of enabling product adoption for customers on Google Cloud Platform.
The award follows strong global partnership by Red Hat and Google for Work in many areas. In March 2014, Red Hat declared that it was working with Google to enable Red Hat customers to move eligible Red Hat Enterprise Linux subscriptions to Google Compute Engine using Red Hat Cloud Access, reinforcing the flexibility and choice afforded by the open hybrid cloud. Both Red Hat Enterprise Linux and Red Hat Enterprise Linux Atomic Host, a secure, lightweight and minimal footprint operating system optimized to run Linux Containers, are accessible on Google Compute Engine.
Red Hat, Inc. provides open source software solutions to enterprise customers worldwide. It develops and offers operating system, virtualization, middleware, storage, and cloud technologies. The corporation’s products comprise Red Hat Enterprise Linux, an operating system for enterprise computing that runs on mainframes, servers, and work stations; Red Hat Enterprise Virtualization, which comprises standalone virtualization functionality and administration tools for server and desktop deployments; and Red Hat JBoss Middleware that offers middleware offerings for developing, deploying, and managing applications that are accessible through the Internet, enterprise Intranets, extranets, clouds, and virtual private networks.
McCormick & Corporation, Incorporated (NYSE:MKC)
The Board of Directors of McCormick & Corporation, Incorporated (MKC), declared a quarterly dividend of $0.40 per share on its ordinary stocks payable April 20, 2015, to shareholders of record on April 6, 2015. This is the 91st year of successive dividend payments by the Corporation.
The Board of Directors also authorized a new share repurchase program. Under the new program, McCormick is authorized to purchase $600 million of its outstanding shares. In 2015, the corporation anticipates to complete the current $400 million share repurchase program which was authorized in April 2013.
McCormick & Corporation, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry worldwide. It operates through two segments, Consumer and Industrial.
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