2 Trendy Retail Stocks Attract the Eyes of Traders Ahead of Earnings

Chico’s FAS, Inc. (NYSE:CHS) will unveil its latest earnings on Tuesday, November 22, 2011. The average estimate of analysts is for profit of 20 cents per share, a rise of 25% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 21 cents. Between one and three months ago, the average estimate was unchanged. It has since dropped over the last month. Analysts are projecting profit to rise by 35.4% versus last year to 88 cents.

The company is looking to make a streak of three quarters of beating estimates. Last quarter, it beat expectations by reporting net income of 25 cents per share, and the previous quarter, it had profit of 26 cents. Analysts are projecting a rise of 13.6% in revenue from the year-earlier quarter to $548.9 million.

Competitors to Watch: Coldwater Creek Inc. (NASDAQ:CWTR), Limited Brands, Inc. (NYSE:LTD), Ann Inc (NYSE:ANN), The Talbots, Inc. (NYSE:TLB), Christopher & Banks Corp. (NYSE:CBK), Ascena Retail Group Inc (NASDAQ:ASNA), Charming Shoppes, Inc. (NASDAQ:CHRS), New York & Company, Inc. (NYSE:NWY), The Cato Corporation (NYSE:CATO), and Body Central Acquisition Corp. (NASDAQ:BODY).

DSW, Inc. (NYSE:DSW) will unveil its latest earnings on Tuesday, November 22, 2011. The average estimate of analysts is for profit of 80 cents per share, a rise of 1.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 83 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 80 cents during the last month. Analysts are projecting profit to rise by 19.6% versus last year to $2.87.

The company is looking to beat analyst estimates for the third quarter in a row. Last quarter, it beat estimates with net income of 78 cents per share against the mean estimate of 62 cents. In the prior quarter, the company reported profit of 85 cents. Analysts are projecting a rise of 8.7% in revenue from the year-earlier quarter to $531.7 million.

Competitors to Watch: Collective Brands Inc. (NYSE:PSS), Genesco Inc. (NYSE:GCO), Foot Locker, Inc. (NYSE:FL), Shoe Carnival, Inc. (NASDAQ:SCVL), Bakers Footwear Group Inc (BKRS), The Finish Line, Inc. (NASDAQ:FINL), J.C. Penney (NYSE:JCP), Nordstrom (NYSE:JWN) and Prima Moda S.A. (NYSE:PMA).