Saturday, January 25, 2014

32 Largest US Apparel Store Corps Average Stock Prices Down 52% Due to Financial Meltdown Spillover Effects, Then Up 357% Under Obama and the US Fed

I found 32 US Apparel Store Companies classified in the Services Sector at Yahoo's fine Finance website with current Total Market Capitalizations of at least $100 mil each and which also had their common stocks trading on each of the following three dates: on December 31, 2007 during President Bush's second term, on March 6, 2009, very early in President Obama's first term, which was their lowest point due to the spillover effects resulting from the 2008 financial meltdown, and also on January 24, 2014.
 
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 32 US Apparel Store Companies had their average stock prices drop by a huge 52% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But since March 6, 2009, the average stock prices of these same 32 US Apparel Store Corps have increased by a robust 357% through January 24, 2014.
          
Clearly, the investors in and executives of these 32 US Apparel Store Companies must be pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the 2008 US financial meltdown.

Below here are the market prices of each of these 32 US Apparel Store Companies on January 24, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 24, 2014:






Market Market






Price Price






% %






Change Change



 Market   Market   Market  3-6-09 12-31-07



 Price   Price   Price  to to
Apparel Stores Corp HQs
 1-24-14   3-6-09   12-31-07  1-24-14 3-6-09








Destination XL Group Canton MA        5.52        0.30        5.18 1740% -94%
Stein Mart Jacksonville FL      13.06        1.08        4.74 1109% -77%
DSW Inc Columbus OH      37.14        3.47        9.38 972% -63%
ANN Inc New York NY      34.20        3.41      25.56 903% -87%
Destination Maternity Philadelphia PA      27.80        2.90        8.70 860% -67%
L Brands Columbus OH      52.64        6.26      18.93 741% -67%
Shoe Carnival Evansville IN      24.03        4.31        9.41 457% -54%
The Jones Group New York NY      14.86        2.74      15.99 442% -83%
Men's Wearhouse Houston TX      47.21        9.73      26.98 385% -64%
Christopher & Banks Plymouth MN      16.97        3.51      11.45 383% -69%
Nordstrom Seattle WA      58.16      12.16      36.73 378% -67%
Ross Stores Pleasanton CA      67.83      14.73      12.79 361% 15%
Ascena Retail Group Suffern NY      19.73        4.69        6.26 321% -25%
Chico's FAS Fort Myers FL      16.88        4.03        9.03 319% -55%
Jos A Bank Clothiers Hampstead MD      54.78      13.51      18.97 306% -29%
The Gap San Francisco CA      37.21        9.85      21.28 278% -54%
Stage Stores Houston TX      19.79        5.92      14.80 234% -60%
Cache New York NY        4.70        1.51        7.91 212% -81%
The Children's Place Secaucus NJ      55.00      20.14      25.93 173% -22%
Urban Outfitters Philadelphia PA      36.00      14.13      27.26 155% -48%
The Cato Corp Charlotte NC      29.54      13.46      15.66 119% -14%
New York & Co New York NY        4.59        2.10        6.38 119% -67%
Pacific Sunwear California Anaheim CA        2.88        1.32      14.11 118% -91%
Guess? Inc Los Angeles CA      27.91      13.29      37.89 110% -65%
Abercrombie & Fitch New Albany OH      34.89      17.49      79.97 99% -78%
The Buckle Kearney NE      45.13      22.94      22.00 97% 4%
American Eagle Outfitters Pittsburgh PA      12.77        8.91      20.77 43% -57%
Citi Trends Savannah GA      16.43      11.61      15.44 42% -25%
Bebe Stores Brisbane CA        5.16        4.82      12.86 7% -63%
Cherokee Sherman Oaks CA      13.72      13.27      32.27 3% -59%
Wet Seal Foothill Ranch CA        2.43        2.43        2.33 0% 4%
Aeropostale New York NY        7.26      15.01      17.67 -52% -15%








Average % Change all 32




357% -52%