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New York & Company Inc (NWY)

NWY on New York Consolidated

3.19USD
22 Jan 2018
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Latest Key Developments (Source: Significant Developments)

New York & Company Inc Comments On Holiday Performance And Fourth Quarter Outlook
Monday, 8 Jan 2018 06:45am EST 

Jan 8 (Reuters) - New York & Company Inc ::NEW YORK & COMPANY, INC. COMMENTS ON HOLIDAY PERFORMANCE AND FOURTH QUARTER OUTLOOK.NEW YORK & COMPANY - CONTINUES TO EXPECT COMPARABLE STORE SALES FOR Q4 TO BE UP IN LOW SINGLE-DIGIT PERCENTAGE RANGE.NEW YORK & COMPANY INC - Q4 OPERATING INCOME CONTINUES TO BE EXPECTED IN RANGE OF $2 MILLION - $4 MILLION.NEW YORK & COMPANY - COMPARABLE STORE SALES FOR NINE-WEEK PERIOD ENDED DEC 30, 2017 INCREASED ABOUT 3% AS COMPARED TO PRIOR YEAR PERIOD.  Full Article

New York & Company, Inc. Announces Q3 Gaap Earnings Per Share $0.01
Wednesday, 29 Nov 2017 04:11pm EST 

Nov 29 (Reuters) - New York & Company Inc ::NEW YORK & COMPANY, INC. ANNOUNCES 2017 THIRD QUARTER RESULTS AND INTRODUCES Q4 GUIDANCE.Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.02.Q3 GAAP EARNINGS PER SHARE $0.01.Q3 SALES ROSE 0.1 PERCENT TO $214.2 MILLION.QTRLY COMPARABLE STORE SALES INCREASE OF 2.2%.- ‍TOTAL QUARTER-END INVENTORY INCREASED 1.4%, AS COMPARED TO END OF LAST YEAR'S Q3​.- ‍TOTAL INVENTORY AT END OF Q4 IS EXPECTED TO INCREASE IN MID SINGLE-DIGIT PERCENTAGE RANGE OVER PRIOR YEAR Q4​.SEES ‍ FOR Q4 NET SALES TO BE UP BY A LOW SINGLE-DIGIT PERCENTAGE REFLECTING POSITIVE COMPARABLE STORE SALES​.- CAPITAL EXPENDITURES FOR Q4 OF FISCAL YEAR 2017 ARE PROJECTED TO BE BETWEEN $4.0 MILLION AND $6.0 MILLION.- COMPARABLE STORE SALES ARE EXPECTED TO BE UP IN LOW SINGLE-DIGIT PERCENTAGE RANGE​ FOR ‍Q4 2017.- ‍TOTAL INVENTORY AT END OF Q4 IS EXPECTED TO INCREASE IN MID SINGLE-DIGIT PERCENTAGE RANGE OVER PRIOR YEAR Q4​.  Full Article

New York & Company Announces Acquisition Of Fashion To Figure
Tuesday, 28 Nov 2017 06:45am EST 

Nov 28 (Reuters) - New York & Company Inc ::NEW YORK & COMPANY, INC. ANNOUNCES ACQUISITION OF FASHION TO FIGURE.NEW YORK & COMPANY - ‍EXPECTS TO FUND ENTIRE PURCHASE PRICE OF ACQUISITION OF INTELLECTUAL PROPERTY, SUBSEQUENT INVENTORY PURCHASES, WITH CASH ON HAND​.NEW YORK & COMPANY - ‍ENTERED DEAL TO BUY CERTAIN ASSETS OF FASHION TO FIGURE INCLUDING INTELLECTUAL PROPERTY RIGHTS RELATED TO FASHION TO FIGURE BRAND​.NEW YORK & CO - EXPECTS TO FUND ENTIRE PURCHASE PRICE OF DEAL OF INTELLECTUAL PROPERTY, ANY SUBSEQUENT INVENTORY PURCHASES, WITH CASH ON HAND​.NEW YORK & COMPANY INC - ‍ANTICIPATING HIRING CERTAIN FORMER EMPLOYEES OF FASHION TO FIGURE WHO ARE EXPECTED TO JOIN CO DURING Q4 2017​.NEW YORK & COMPANY INC - ‍WILL ALSO BE NEGOTIATING WITH CERTAIN MARKET VENDORS IN AN EFFORT TO SECURE INVENTORY FOR ANTICIPATED RELAUNCH IN EARLY 2018​.NEW YORK & CO- ENTERED ASSET PURCHASE AGREEMENT TO ACQUIRE CERTAIN ASSETS OF FASHION TO FIGURE FOR $1.4 MILLION IN CASH PLUS UPTO $1 MILLION OF FEES,EXPENSES​.NEW YORK & COMPANY-‍DOES NOT EXPECT TO DISCUSS SPECIFIC FORECASTS,METRICS RELATED TO FASHION TO FIGURE DEAL ON CALL UNTIL LATER IN Q4 AFTER DEAL CLOSES​.  Full Article

New York & Co Q2 earnings per share $0.05 excluding items
Thursday, 17 Aug 2017 04:01pm EDT 

Aug 17 (Reuters) - New York & Company Inc ::New York & Company, Inc. Announces 2017 second quarter results and introduces Q3 guidance.Q2 gaap earnings per share $0.08.Q2 same store sales fell 1.1 percent.Q2 earnings per share $0.05 excluding items.Q2 sales fell 3.7 percent to $224.1 million.New York & Company Inc - ‍total quarter-end inventory decreased 0.9%, as compared to end of last year's Q2​.New York & Company Inc - ‍ Q3 net sales and comparable store sales are expected to be approximately flat​.New York & Company Inc - ‍ Q3 gross margin is expected to be up approximately 150 basis points to 200 basis points from prior year's Q3 rate​.New York & Company Inc - ‍ total inventory at end of Q3 is expected to increase in low to mid-single-digit percentage over prior year Q3​.New York & Company Inc - ‍capital expenditures for q3 of fiscal year 2017 are projected to be between $6 million and $8 million​.New York & Company - ‍ during Q3, expects to open 2 New York & Company stores, refresh 5 New York & Company stores, close 2 New York & Company stores.  Full Article

Kanen Wealth Management ups stake in New York & Co to 6.3 pct as of July 31
Monday, 7 Aug 2017 10:14am EDT 

Aug 7 (Reuters) - ‍Kanen Wealth Management LLC::Reports 6.3 percent stake in New York & Company Inc​ as of July 31 versus stake of 0.99 percent as of April 24 - SEC filing.  Full Article

New York & Company board authorizes 12-month extension of repurchase of up to $5 mln of co's common stock
Friday, 14 Jul 2017 05:36pm EDT 

July 14 (Reuters) - New York & Company Inc :New York & Company - on July 13, board authorized a 12-month extension of repurchase of up to $5 million of co's common stock - SEC filing.  Full Article

New York & Company Inc Q1 GAAP loss per share $0.07
Thursday, 18 May 2017 04:03pm EDT 

May 18 (Reuters) - New York & Company Inc :New York & Company Inc announces 2017 first quarter results and introduces Q2 guidance.Q1 GAAP loss per share $0.07.Q1 same store sales fell 0.7 percent.Q1 loss per share $0.04 excluding items.Q1 sales fell 2.9 percent to $209.9 million.Says Q2 net sales and comparable store sales are expected to be flat to down in low single-digit percentage range.Total inventory at end of Q2 is expected to decrease slightly over prior year Q2.Capital expenditures for Q2 of fiscal year 2017 are projected to be between $6 million and $8 million.Says Q2 gross margin is expected to be up 250 to 300 basis points from prior year's Q2.New York & Company Inc sees Q2 earnings per share $0.01 to $0.04.For Q2 net sales and comparable store sales are expected to be flat to down in low single-digit percentage range.  Full Article

Kanen Wealth Management delivers letter to New York & Company board, asking for new independent director
Wednesday, 26 Apr 2017 09:08am EDT 

April 26 (Reuters) - Kanen Wealth Management, LLC::Kanen wealth management, LLC, delivers letter to NWY board, asking for new independent director and formation of special committee to represent minority shareholders.  Full Article

David Kanen reports a 5.09 pct stake in New York & Company as of April 24, 2017
Wednesday, 26 Apr 2017 06:13am EDT 

April 26 (Reuters) - New York & Company Inc :David Kanen reports a 5.09 percent stake in New York & Company as of April 24, 2017 - SEC filing.  Full Article

New York & Company Q4 adjusted non-gaap loss per share 6 cents
Thursday, 16 Mar 2017 04:01pm EDT 

New York & Company Inc : New York & Company, Inc. Announces 2016 fourth quarter and fiscal year results . Q4 adjusted non-gaap loss per share $0.06 . Q4 gaap loss per share $0.16 . Q4 sales $266.3 million . Qtrly comparable store sales decreased 0.4% . New York & Company Inc says net sales are expected to decline in low single-digit percentage range in q1 . New York & Company Inc says comparable store sales are expected to range from low single-digit negative to flat on a percentage basis in q1 . New York & Company Inc says operating results on a gaap basis for q1 are expected to improve from prior year, reflecting a loss of $2 million to $5 million .New York & Company Inc says total inventory at end of q1 is expected to be down in low to mid-single-digit percentage as compared to prior year q1.  Full Article

BRIEF-New York & Company Appoints Miki Racine Berardelli To Its Board

* NEW YORK & COMPANY, INC. ANNOUNCES ADDITION OF NEW INDEPENDENT DIRECTOR MIKI RACINE BERARDELLI TO ITS BOARD Source text for Eikon: Further company coverage: