New York & Company (NWY) Issues Earnings Results

New York & Company (NYSE:NWY) released its quarterly earnings results on Thursday. The specialty retailer reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.03, RTT News reports. New York & Company had a return on equity of 7.97% and a net margin of 0.61%. During the same quarter in the previous year, the business earned ($0.07) EPS.

New York & Company opened at $3.87 on Friday, MarketBeat.com reports. New York & Company has a twelve month low of $1.28 and a twelve month high of $4.31. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.86 and a current ratio of 1.46. The firm has a market cap of $247.35 million, a PE ratio of 35.09 and a beta of 1.43.

NWY has been the topic of a number of recent research reports. Roth Capital initiated coverage on New York & Company in a research report on Monday, April 2nd. They set a “buy” rating and a $5.00 price objective on the stock. ValuEngine raised New York & Company from a “sell” rating to a “hold” rating in a research report on Wednesday, April 4th.

In other news, Director Arthur E. Reiner sold 75,000 shares of the company’s stock in a transaction on Tuesday, April 10th. The stock was sold at an average price of $4.16, for a total transaction of $312,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 53.80% of the stock is currently owned by corporate insiders.

About New York & Company

New York & Company, Inc operates as a specialty retailer of women's fashion apparel and accessories in the United States. It offers a merchandise assortment, including wear-to-work, casual apparel, and accessories comprising pants, dresses, jackets, knit tops, blouses, sweaters, denims, T-shirts, active wear, handbags, jewelry, and shoes under the New York & Company, NY&C, NY Style, Soho New York & Company Jeans, Lerner, Lerner New York, and Fashion to Figure brand names for women between the ages of 25 and 49.

Earnings History for New York & Company (NYSE:NWY)

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