Gordmans Stores, Inc. Announces Fourth Quarter 2015 Results

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Piper Jaffray Downgrades Gordmans Stores (GMAN) to Neutral

March 21, 2016 6:37 AM EDT

Piper Jaffray downgraded Gordmans Stores (NASDAQ: GMAN) from Overweight to Neutral with a price target of $4.00 (from $10.00).

Analyst Neely Tamminga commented, "We are lowering our investment rating on GMAN shares from Overweight to Neutral in the belief that a positive inflection in the company's... More

Gordman's (GMAN) Q1 Off to 'Tough Start'; Stifel Affirms at 'Hold'

March 18, 2016 2:26 PM EDT

Stifel affirmed Gordman's Stores (Nasdaq: GMAN) at Hold following Q4 results and conference call today.

Analyst Richard Jaffe noted a weak start to Q1, commenting, Managements 1Q guidance is well below our previous estimate and consensus as weak sales (comps are expected to be flat to down 2%) and increased markdowns (necessary to clear... More

Gordman's Stores (GMAN) Reports In-Line Q4 EPS; Guides for Q1 Loss

March 18, 2016 7:04 AM EDT

Gordman's Stores (NASDAQ: GMAN) reported Q4 EPS of $0.06, in-line with the analyst estimate of $0.06. Revenue for the quarter came in at $205.7 million versus the consensus estimate of $208.23 million.

Comparable store sales on an owned basis decreased 2.3%. On an owned plus licensed basis, comparable store... More