Wall Street Fundamentals Releases New In-Depth Stock Reports on BBBY, JWN, PIR and SHLD


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Companies Mentioned

NASDAQ:BBBY / NYSE:JWN / NYSE:PIR / NASDAQ:SHLD
01/10/2014 [ACCESSWIRE]

A disappointing holiday season has seen a number of major retailer slash forecasts in recent weeks. On Thursday both American Eagle Outfitters and Bed Bath & Beyond lowered fiscal fourth quarter earnings expectations. While discounts attracted more customers to spend this holiday season, it had a major impact on companies’ profits. "This was a holiday season that most stores would like to forget," said Ken Perkins, president of Retail Metrics. Here is how some retailers reacted Thursday:

Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares traded in the range of $68.83 to $72.26 Thursday before settling to close at $69.75, a decrease of 12.46 percent. The stock appears to be facing some resistance at the $71.83, $73.26 and $74.69 levels. Shares of Bed Bath & Beyond have fallen approximately 22.0 percent in the past year.

More information on Bed Bath & Beyond and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/BBBY

Nordstrom, Inc. (NYSE: JWN) shares traded in the range of $60.39 to $61.61 Thursday before settling to close at $61.49, an increase of 1.65 percent. The stock appears to be facing some resistance at the $62.11 and $62.93 levels with some support at $61.33. Shares of Nordstrom have gained approximately 12.0 percent in the past year.

More information on Nordstrom and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/JWN

Pier 1 Imports Inc. (NYSE: PIR) shares traded in the range of $20.27 to $20.96 Thursday before settling to close at $20.44, a decrease of 12.35 percent. The stock appears to be facing some resistance at the $20.59 and $20.73 levels with some support at $20.37. Shares of Pier 1 Imports have fallen approximately 1.0 percent in the past year.

More information on Pier 1 Imports and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/PIR

Sears Holdings Corp. (NASDAQ: SHLD) shares traded in the range of $41.22 to $43.84 Thursday before settling to close at $42.57, a decrease of 3.18 percent. The stock appears to be facing some resistance at the $44.02 and $46.61 levels with some support at $39.25. Shares of Sears Holdings have gained approximately 1.0 percent in the past year.

More information on Sears Holdings and access to the free equity report can be found at:
www.WallStreetFundamentals.com/SHLD

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

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