Apparel industry
Article Abstract:
Sales and earnings in the apparel industry were sluggish in the 1st qtr of 1995, and several clothing firms had lower results than for the same period of 1994. Higher costs, especially for cotton, modest orders, and weak demand are the major factors influencing results. This industry will underperform the market in 1995 and 1996, and only two stocks are ranked for timeliness. Investors must be selective when investing in apparel stocks.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Apparel industry
Article Abstract:
Profitability for the apparel industry is not likely to improve in 1995 over 1994. Profit margins will probably slip even though sales will increase at a rate of 5% to 6%. At the retail level, same-store sales have declined due to weak consumer spending, and bankruptcy protection filings are increasing. Retail competition is increasing and the woman's apparel market is changing. Apparel stocks are not good investments in 1995 and 1996.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Apparel industry
Article Abstract:
Earnings and sales in the apparel industry are lower in the 1st half of 1995 than for the same period in 1994. Apparel manufacturers are keeping bank credit lines and inventory levels lower to maintain earning margins, and results for 1996 will be modest, mainly through retrenchment. These stocks are expected to underperform the market in 1996, and conservative investors need to choose from the few timely issues in this industry.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic: