Stocks to Watch: Zumiez, Aeropostale, Men's Wearhouse
NEW YORK -- Zumiez(ZUMZ) , the specialty retailer, is expected by analysts on Thursday to report fourth-quarter earnings of 73 cents a share on revenue of $223.4 million.
Aeropostale(ARO) is forecast by Wall Street to post earnings of 22 cents a share in the fourth quarter on sales of $775.7 million.
Men's Wearhouse(MW) said Wednesday it was exploring the sale of its K&G operations, which sells clothing for men, women and children.
Men's Wearhouse hired Jefferies & Co. to evaluate strategic alternatives for K&G.
Meanwhile, Men's Wearhouse posted a wider-than-expected fourth-quarter loss as sales weakened.
Doughnut shop Krispy Kreme(KKD) is expected by analysts to report fourth-quarter earnings of 12 cents a share on revenue of $115.9 million.
Molycorp(MCP) , the rare-earth minerals company, is seen posting a quarterly loss of 31 cents a share on revenue of $166 million.
E-Trade Financial(ETFC) said Wednesday that its biggest shareholder, Citadel Equity Fund Ltd., plans to sell its entire position of 27.4 million shares in the company.
Citadel owns a 9.6% stake in E-Trade.
Vera Bradley(VRA) forecast on Wednesday first-quarter earnings of 20 cents to 22 cents a share on sales of $120 million to $122 million.
Analysts are calling for profit of 35 cents a share on sales of almost $132 million from the women's accessories company.
-- Written by Joseph Woelfel
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