New York & Company (NYSE:NWY) Appoints Laura Weil as Vice President and COO – NWY, ANN, LTD, CWTR

New York & Company, Inc (NYSE:NWY), based in New York, reported on Thursday evening that it has selected Laura Weil as executive vice president and chief operating officer of the company.

The women’s clothing chain reported that Weil has been an executive consultant to New York & Company since Feb 1. She would continue to lead the corporation’s sourcing, planning and allocation, product life management, real estate and information technology. She previously was Chief Executive Officer of Ashley Stewart from 2008 to 2011.

New York & Company operates 541 retail stores in 43 states.
Shifting readers focus to broader market, let’s consider market performance of other stocks that significantly affect same sector. Ann Inc (NYSE:ANN) increased +3.96% to settle at $25.49, Limited Brands, Inc. (NYSE:LTD) moved up +3.33% to end at $42.53 while Coldwater Creek Inc. (NASDAQ:CWTR) jumped +3.98% to finish on Friday at $0.55.

New York & Company, Inc. (NYSE:NWY) last session volume of 195,600 shares was higher than its average volume of 170,474.00 shares. The stock after opening at $3.40 hit high price of $3.53 and then closed at $3.48 by scoring +5.45%.

NWY generated revenue of 944.84 million in the following twelve months and earned -$35.47 million. The Company showed a negative -3.75% in the net profit margin and as well as in its operating margin which remained -3.41%. Company’s annual sales growth for the past five year was -3.67%.

The NWY past twelve months price to sales ratio was 0.23 and price to cash ratio remained 7.36. As far as the returns are concern, the NWY return on equity was recorded as -30.29% and dropped -19.39% return on investment while its return on asset stayed at -11.20%.

The stock showed weekly downbeat performance of -1.14% which was maintained for the month at -1.42%. Likewise the negative performance for the quarter was recorded as -6.70% and for the year was -29.70% while the YTD performance remained at +30.83%.

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