Retail Survey Report: Van Heusen, QC Holdings, Chipotle Mexican Grill, California Pizza Kitchen, Morton’s Steakhouse
Van Heusen's Best Selling Product is Men's Dress Shirts
Phillips-Van Heusen Corp. ( PVH), the apparel company and the world’s
largest shirt company was surveyed by Tickermine this month. This was
after the company’s May earnings call announcing its continued strength
in its men’s business and the launch of its women’s bra line. Our
researchers asked respondents at 25 retailers stocking the products the
following questions: Which piece of Van Heusen clothing is most popular
right now, are you sufficiently stocked in this, can you get more stock
if needed, have worries about the economy deterred your customers and
do you expect more clothing items in over the summer? The most popular
clothing item, according to 19 respondents or 76% of those polled, are
the men's dress shirts. Also selling well are the Lux Sateen Shirts
(mentioned by three respondents or 12%) and the following were each
cited once, or by 4% of respondents: Men’s polos, sportswear and PVH
jeans. 23 respondents or 92% of those polled said they were
sufficiently stocked. Two respondents or 8% said they were not. All 25
respondents or 100% said they can get more stock if needed. And 17
respondents or 68% said they were not expecting any new clothing over
the summer. Eight respondents or 32% said they expected more stock in
either the Big and Tall line or the second summer line of clothing.
Interestingly, 13 respondents or 52% felt that the customer traffic was
slower due to the slow economy. This was the majority. 12 respondents
or 48% said that the economy had no impact at all on sales.
QC Holdings Says its Average Loan is $329 and Business is Up from Last Year
The payday lender; QC Holdings Inc., was profiled by Tickermine this
month. The company is doing well, judging from its first quarter
earnings results, which cite a 12.2% quarter-to-quarter revenue
increase and $0.29 per share earnings. Our researchers contacted 18 QC
Holdings locations around the country and asked respondents what the
average size of each loan was, is this month the busiest month of the
year, are you busier than a year ago, what is the maximum loan you can
give and do you loan to self-employed customers? 10 respondents or 56%
of those interviewed said that the average loan was between $100-$300
per person. Another eight respondents or 34% of those polled said their
loans averaged between $400-$500 per person. (This made for an average
of $329 per loan.) Three respondents or 17% said that this month was
their busiest and 15 or 83% said they had other busier times of the
year. Eight respondents or 44% of those interviewed said they are not
busier than a year ago. But ten respondents or 56% said this year is
busier. Seven respondents or 39% said they cap their loans at $500.
Five respondents or 28% would not specify an amount, three respondents
or 17% said the amount varied from $1000 to $2500.
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