Here’s the Credit Situation for Major Retailers

Fitch Ratings expects overall credit stability for U.S. retailers in 2012. This rating reflects a mid-single-digit sales growth and a 2% to 3% rise in same-store sales.

Expectations are that the stronger, growth-oriented retailers will continue to take market share, while others struggle to maintain relevance in a mature but dynamic sector. Of major importance will be defending market share. The risk of a double-dip recession or another significant economic setback is another potential threat to the sector’s stable outlook. But Fitch notes that most retailers are appropriately positioned within their current ratings, which could cancel out the possibility of wholesale downgrades. For the 2012 holiday season, Fitch projects 2% to 3% growth over 2011, an expectation that recognizes the weak recovery in consumer spending and an ongoing focus on value. Changing business models and adapting accordingly will be seen in 2012, especially in the specialty retail segment which faces enhanced competition, Fitch said.

“Five retailers currently have negative outlooks and one has a positive outlook, suggesting modest downward pressure on ratings over the next 12 months,” according to MarketWatch.

Here’s how major retailers are trading on Black Friday:

  • Wal-Mart Stores Inc. (NYSE:WMT): WMT shares recently traded at $57.29, up $0.65, or 1.15%. Its market capitalization is $197.36 billion. They have traded in a 52-week range of $48.31 to $59.40. Volume today was 2,261,480 shares versus a 3-month average volume of 12,240,100 shares. The company’s trailing P/E is 12.12, while trailing earnings are $4.72 per share. The company pays a dividend of $1.46 per share for a dividend yield of 2.60%. About the company: Wal-Mart Stores, Inc. operates discount stores, supercenters, and neighborhood markets. The Company’s discount stores and supercenters offer merchandise such as apparel, housewares, small appliances, electronics, and hardware. Walmart’s markets offer a full-line supermarket and a limited assortment of general merchandise. The Company operates nationally and internationally. Get the most recent company news and stock data here >>
  • Target Corp. (NYSE:TGT): TGT shares recently traded at $51.63, up $0.1, or 0.19%. Its market capitalization is $34.66 billion. They have traded in a 52-week range of $45.28 to $60.97. Volume today was 1,103,356 shares versus a 3-month average volume of 6,700,640 shares. The company’s trailing P/E is 12.02, while trailing earnings are $4.30 per share. The company pays a dividend of $1.20 per share for a dividend yield of 2.30%. About the company: Target Corporation operates general merchandise discount stores in the United States. The Company’s merchandising operations include general merchandise and food discount stores and a fully integrated online business. Target also offers credit to qualified applicants through its branded proprietary credit cards. Get the most recent company news and stock data here >>
  • Macy’s, Inc. (NYSE:M): M shares recently traded at $29.85, up $0.29, or 0.98%. Its market capitalization is $12.55 billion. They have traded in a 52-week range of $21.69 to $32.67. Volume today was 1,588,923 shares versus a 3-month average volume of 9,200,320 shares. The company’s trailing P/E is 10.94, while trailing earnings are $2.73 per share. The company pays a dividend of $0.40 per share for a dividend yield of 1.30%. About the company: Macy’s, Inc. operates department stores in the United States. The Company also operates direct mail catalog and electronic commerce subsidiaries. Macy’s retail stores sell a wide range of merchandise, including men’s, women’s and children’s apparel and accessories, cosmetics, home furnishings and other consumer goods. Get the most recent company news and stock data here >>
  • Costco Wholesale Corporation (NASDAQ:COST): COST shares recently traded at $81.39, up $0.63, or 0.78%. Its market capitalization is $35.27 billion. They have traded in a 52-week range of $66.33 to $86.34. Volume today was 433,445 shares versus a 3-month average volume of 2,666,400 shares. The company’s trailing P/E is 24.65, while trailing earnings are $3.30 per share. The company pays a dividend of $0.96 per share for a dividend yield of 1.20%. About the company: Costco Wholesale Corporation operates wholesale membership warehouses in multiple countries. The Company sells all kinds of food, automotive supplies, toys, hardware, sporting goods, jewelry, electronics, apparel, health and beauty aids, as well as other goods. Get the most recent company news and stock data here >>
  • Abercrombie & Fitch Co. (NYSE:ANF): ANF shares recently traded at $45.15, up $0.27, or 0.6%. Its market capitalization is $3.93 billion. They have traded in a 52-week range of $44.22 to $78.25. Volume today was 599,863 shares versus a 3-month average volume of 3,107,150 shares. The company’s trailing P/E is 20.28, while trailing earnings are $2.23 per share. The company pays a dividend of $0.70 per share for a dividend yield of 1.60%. About the company: Abercrombie & Fitch Co. is a specialty retailer that operates stores selling casual apparel, such as knit shirts, graphic t-shirts, jeans, woven shirts and personal care and other accessories for men, women and kids. The Company operates stores in the United States and Canada as well as retails its products over the Internet. Get the most recent company news and stock data here >>
  • American Eagle Outfitters, Inc. (NYSE:AEO): AEO shares recently traded at $13.12, up $0.19, or 1.47%. Its market capitalization is $2.56 billion. They have traded in a 52-week range of $10.00 to $17.25. Volume today was 763,562 shares versus a 3-month average volume of 4,156,230 shares. The company’s trailing P/E is 15.49, while trailing earnings are $0.85 per share. The company pays a dividend of $0.44 per share for a dividend yield of 3.40%. About the company: American Eagle Outfitters, Inc. retails men’s and women’s casual apparel, footwear, outerwear, and accessories. The Company’s products include jeans, khakis, T-shirts, and other similar apparel. American Eagle operates in the United States. Get the most recent company news and stock data here >>
  • Gap Inc. (NYSE:GPS): GPS shares recently traded at $17.91, up $0.11, or 0.62%. Its market capitalization is $9.01 billion. They have traded in a 52-week range of $15.08 to $23.73. Volume today was 806,589 shares versus a 3-month average volume of 6,993,290 shares. The company’s trailing P/E is 10.31, while trailing earnings are $1.74 per share. The company pays a dividend of $0.45 per share for a dividend yield of 2.50%. About the company: The Gap, Inc., is an international specialty retailer operating retail and outlet stores. The Company sells casual apparel, accessories and personal care products for men, women, and children. The Gap operates stores in the United States, Canada, the United Kingdom, France, Ireland, and Japan. Get the most recent company news and stock data here >>

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