RTW Retailwinds (RTW) Posts Quarterly Earnings Results, Hits Expectations

RTW Retailwinds (NYSE:RTW) released its earnings results on Wednesday. The company reported ($0.04) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.04), Morningstar.com reports. RTW Retailwinds had a return on equity of 10.99% and a net margin of 0.47%. The firm had revenue of $200.96 million during the quarter, compared to analysts’ expectations of $202.32 million.

RTW Retailwinds stock traded up $0.12 during midday trading on Thursday, reaching $2.17. 2,111 shares of the stock traded hands, compared to its average volume of 98,843. RTW Retailwinds has a 12 month low of $2.04 and a 12 month high of $5.55. The firm has a market cap of $143.92 million, a PE ratio of 14.75 and a beta of 1.27.

Several research firms recently issued reports on RTW. Zacks Investment Research upgraded RTW Retailwinds from a “sell” rating to a “hold” rating in a research report on Saturday, May 25th. Roth Capital lowered RTW Retailwinds from a “buy” rating to a “neutral” rating and dropped their price target for the company from $6.50 to $2.50 in a research note on Monday, March 25th. Finally, ValuEngine raised RTW Retailwinds from a “sell” rating to a “hold” rating in a research note on Monday, February 4th.



Institutional investors have recently made changes to their positions in the stock. New York State Common Retirement Fund bought a new position in RTW Retailwinds during the fourth quarter valued at approximately $31,000. Janney Montgomery Scott LLC bought a new stake in shares of RTW Retailwinds in the 1st quarter valued at approximately $31,000. Jane Street Group LLC bought a new stake in shares of RTW Retailwinds in the 1st quarter valued at approximately $32,000. Stone Ridge Asset Management LLC bought a new stake in shares of RTW Retailwinds in the 4th quarter valued at approximately $40,000. Finally, American International Group Inc. bought a new stake in shares of RTW Retailwinds in the 4th quarter valued at approximately $55,000. 89.70% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION NOTICE: “RTW Retailwinds (RTW) Posts Quarterly Earnings Results, Hits Expectations” was originally published by Dakota Financial News and is owned by of Dakota Financial News. If you are reading this article on another site, it was copied illegally and republished in violation of US and international copyright & trademark laws. The correct version of this article can be read at https://dakotafinancialnews.com/2019/05/30/rtw-retailwinds-rtw-posts-quarterly-earnings-results-hits-expectations.html.

About RTW Retailwinds

RTW Retailwinds, Inc operates as an omni-channel women's fashion retailer 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.

Further Reading: How to Invest in the Dividend Aristocrat Index

Earnings History for RTW Retailwinds (NYSE:RTW)

Receive News & Ratings for RTW Retailwinds Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RTW Retailwinds and related companies with MarketBeat.com's FREE daily email newsletter.