The Talbots, Inc. (NYSE:TLB)
The Company, together with its wholly owned subsidiaries, is an international specialty retailer and cataloger of women's, children's, and men's apparel, accessories and shoes.
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I don't try to be a dower but this stock seems to have to where to go but down. I don't like it and I don't think we need it. It has a chance but its in a tuff market no one wants nothing that is not name brand anymore. Now I personally have never used its products I just don’t like this kind of market it is up today but it has fell so much it is really going to have to pull something out to regain its losses. 52 week range is $6-$26 and I’m sorry for the people who bought at $26 because that money is gone take what is left and put it into CLR or SIRI.
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Old ladies love this store
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Wow this one couldn't possibly stink any more if it tried...
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http://www.fool.com/investing/general/2008/03/24/a-tale-of-two-turnarounds.aspx?terms=tale+of+two+turnarounds&vstest=search_042607_linkdefault
Talbots generated strong free cash flow of about $140 million in the 2008 fiscal year (ended in February). It used most of that to pay down roughly $125 million in debt, leaving the company with just $389 million in total debt. I don't think some of its cash flows (such as inventory reductions) are sustainable, but I believe that $50 million-$60 million in normalized free cash flow is a reasonable assumption. Relative to Talbots' $665 million market cap, that's quite a healthy yield.
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retailer
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Latest Earnings Report underscores the underperforemance anticipated and noted by many astute Cappers.
The current economic conditions for the apparel industry will continue to weigh heavily upon this specialty retailer well into 2008.
Whereas, there may be other options witbin the Retail segment, this is definitely not one of them...Note astronomical, if not, ridiculous P/E Ratio as well.
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goin down!
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Goin under.
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Talbots is a specialty retailer and cataloger offering a collection of classic sportswear, casual wears, dresses, coats, sweaters, accessories and shoes for men, women and children. The company currently operates 1,118 Talbots across U.S, Canada and U.K with 94% of the revenues being domestic. They acquired J.Jill Group in May’06, which has 228 stores across U.S. J.Jill offers stylish and artistically inspired women’s apparel.
Company is targeting female baby boomers, which have longer life spans and with more disposable income, as they outpace average women apparel spending. The third quarter results have been good with 33% rise in turnover. Both women and kids line of business posted positive same-store sales. Revenues were primarily driven by J.Jill, which now contributes about 20% to the top-line. Additionally, direct marketing segment forming 17% of sales has also seen 40% revenue growth in this fiscal. It was primarily due to strong internet sales across both Talbots and J.Jill brands.
Management expects cost-savings of about $36 million in 2007 through the acquisition of J.Jill. Over 200 J.Jill systems would be implemented in Talbots Architecture, which would help the company in development, sourcing and flow of merchandise. Moreover, J Jill’s Experian knowledge data warehouse would aid Talbots to track the details and buying patterns of their customers more efficiently thereby enhancing customer satisfaction and ultimately customer base. Also, company’s emphasis on full-price selling in 2007 could improve their margins.
Encouraged by the recent sales performance, company is keen to shift its offerings by changing their color palette with fewer embellishments, which could drive volumes in 2007. The company is on a growing path with about $51 million capital expenditure planned for the remaining period of fiscal 2006. Supporting all these facts, Talbot’s scrip should move northwards.
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Baby boomer with disposable income will continue to flock here. I'm waiting to see how the J. Jill acquisition goes.
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Unlike Chico's, Talbots is undervalued on its fundamentals. Aging baby-boomer women with bucks will be there
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I think that, at least in the short term, Talbots' best days may be behind it. Women's trends are changing, and Talbots hasn't. This is not good.
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