A margin of safety and more

Article Abstract:

James Beattie is a department store chain based in Wolverhampton, England. The company has performed well as a cash generator and achieved a 17% return on equity for 1997. The stocks also offer a good dividend yield. An acquisition is possible which could lead to a rise in the company's stock price. Beattie also plans to invest in expanding the selling space of its stores, though there could be risks from an expansion through acquisitions or expanding existing stores.

James Beattie PLC

---

Karstadt

Article Abstract:

Karstadt is the biggest German department store group. The group acquired Hertie, ranking fourth in the market, in 1993, and Hertie's losses have affected the group's results, though its leadership has been consolidated. Hertie is to be profitable in 1997. The group's travel business also faces difficulties as consumers seek more incentives. German consumers have been affected by job insecurity and tax increases which has led to problems for retailers.

Karstadt AG, Company Profile

---

Harvey Nichols

Article Abstract:

UK department store and restaurant group Harvey Nichols has been hit by a fall in tourists visiting London, and its shares are seen as a 'sell'. In the long-term, the firm may benefit from its expansion plans, but in the short-term, the attack on the US could affect spending by foreign visitors.

Eating places, Food Services and Drinking Places, Securities, Restaurants, Harvey Nichols and Company Ltd.

Similar abstracts:

• Abstracts: The margin of safety. Scales tip in the right direction. Making luxuries pay
• Abstracts: An examination of categorisation and stereotyping heuristics in global product evaluations. Diluting negative country of origin stereotypes: a social stereotype approach
• Abstracts: Imaging technology stocks. Office furniture stocks
• Abstracts: Irish cash offers an easy escape route. Aggregates war. Holding Hanson to account
• Abstracts: Annuities: it's now or never. A matter of life and death. Open annuities allow inheritance

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.