Insider Trading Review: New York & Company, Inc. $NWY

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New York & Company, Inc. (NYSE:NWY) insider have most recently took part in a trading activity. On Sep 18, 2017 Worthington John M, President and COO bought 10,000 shares having total worth of $18,400 at the price of $1.84 per share, following the transaction a total of 366,200 shares owned by Worthington John M. Before this latest buy, Worthington John M purchased NWY at 2 other times during the past twelve months, for a total investment of $41,370 at an average of $2.21 per share.

Furthermore, over the past 12 months , the stock was traded 8 times by insiders. an employee of the company was the buyer in 8 instances.

Shares of New York & Company, Inc. (NYSE:NWY) traded up 2.19% on Sep 18, 2017, hitting $1.87. 34,579 shares of the company’s stock traded hands. New York & Company, Inc. has a 52 week low of $1.28 and a 52 week high of $3.85. The company’s market cap is $148 million.

New York & Company, Inc. (NYSE:NWY) last announced its earnings results on Aug 17, 2017. The company reported 0.05 earnings per share (EPS) for the quarter. The company had revenue of $224 million for the quarter During the same quarter in the previous year, the company posted 0.01 earnings per share. The company’s revenue for the quarter was down 4% on a year-over-year basis.

2017-08-17 2017-05-18 2017-03-16 2016-11-30 2016-08-18 2016-05-19 2015-12-02 2015-08-20 2015-05-21 2015-03-19
earnings per share 0.05 -0.04 -0.06 -0.05 0.01 -0.09 -0.05 0.03 -0.03 -0.01
Revenue(M) 224.12 209.86 266.32 213.9 232.82 216.04 219.75 235.7 223.39 267.36

New York & Company, Inc. was founded in 1918 and operated as a subsidiary of Limited Brands,Inc. from 1985 to 2002. The Company was formerly known as NY & Co. Group, Inc., and was incorporated in the state of Delaware on November 8, 2002. The Company is a specialty retailer of women’s fashion apparel and accessories, and the modern wear-to-work destination for women, providing perfectly fitting pants and NY Style that is feminine, polished, on-trend and versatile. The Company’s proprietary branded New York & Company merchandise is sold exclusively through its national network of retail stores and eCommerce store at www.nyandcompany.com. The target customers for the Company’s merchandise are fashion-conscious, value-sensitive women between the ages of 25 and 45. As of February 2, 2013, the Company operated 519 stores with 2.7 million selling square feet in 43 states. The Company offers a merchandise assortment consisting of wear-to-work, casual apparel and accessories, including pants, dresses, jackets, knit tops, blouses, sweaters, denim, t-shirts, activewear, handbags and jewelry. The Company’s strongest presence is within the wear-to-work and pant categories. The Company’s merchandise reflects current fashions and fulfills a broad spectrum of its customers’ lifestyle and wardrobe requirements. The Company positions its retail stores and eCommerce store as a source of fashion, quality and value by providing its customers with an appealing merchandise assortment at attractive price points, generally below those of department stores and other specialty retailers. The Company’s stores are typically concentrated in large population centers of the United States and are located in shopping malls, lifestyle centers, outlet centers, and off-mall locations, including urban street locations. The Company competes with traditional department stores, specialty store retailers, discount apparel stores and direct marketers for, among other things, customers, raw materials, market share, retail space, finished goods, sourcing and personnel. The Company has all of the registered trademarks it needs to protect its New York & Company, Lerner, Lerner New York, New York Style, City Stretch, City Style and NY&C brands and it vigorously enforces all of its trademark rights. The Company is subject to federal and state minimum wage laws, as well as various business customs, truth-in-advertising, truth-in-lending and other laws, including consumer protection regulations and zoning and occupancy ordinances that regulate retailers generally and govern the importation, promotion and sale of merchandise, the use of the Company’s proprietary credit cards and the operation of retail stores and warehouse facilities.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.