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Author: [Investments] Topic: Joe's JEANS
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#101
Posted: 4/16/2010 9:52:34 PM
The street talks with CEO of Joe's Jeans




http://www.thestreet.com/story/10726015/1/joes-jeans-ceo-talks-to-thestreet.html
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#102
Posted: 4/17/2010 6:27:56 PM
http://www.oprah.com/style/Best-Jeans-fo...


Oprah
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#103
Posted: 4/17/2010 6:36:14 PM
I guess the only question is with the economy down, how many people can afford jeans that are this expensive?  I surely wouldn't spend that kind of money on a pair of jeans 
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#104
Posted: 4/17/2010 10:33:54 PM
looking good. good info
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#105
Posted: 4/18/2010 1:41:58 AM
QUOTE Originally Posted by woopdurritis:

I guess the only question is with the economy down, how many people can afford jeans that are this expensive?  I surely wouldn't spend that kind of money on a pair of jeans 


Wood, with the government subsidizing people's mortgage payments... people now have plenty of discretionary income.  
Witness the great quarterly reports from a number of retailers.....
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#106
Posted: 4/18/2010 4:18:45 AM

I think alot of the spending the last few months has also been from tax returns...remember 47% of the people pay NO taxes at all and then they get a check for 4k....look at the rest of the data though...job #s have failed to even meet expectations a few reports were also beefed up for census hiring and the people couldnt find the cash for the jobs bill[not that is was good to begin with]but managed to give every crook a golden parachute..

Another rash of home loans waiting to default,govt spending out of control along with the dollar printing...you want to invest in something i think you should buy gold and silver and keep it in your basement...you might need it when nobody will take that worthless paper

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#107
Posted: 4/18/2010 11:27:53 PM
QUOTE Originally Posted by woopdurritis:

I guess the only question is with the economy down, how many people can afford jeans that are this expensive?  I surely wouldn't spend that kind of money on a pair of jeans 

Picked this up off of yahoo
It's the folks who CAN pay their bills who are buying. Didn't you hear: the economy is turning around. Tiffany, Saks, Nordstrom . . . they're all picking up nicely. The retail clothing sector is hot. 

The folks who can't pay their bills will shop at Walmart et al; those who are doing well will shop at the high-end stores like those listed above. 

Joe's isn't for everybody. But it is for enough high-end consumers, as well as consumers who just want good ol' quality, that the company and its stock will do well.

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#108
Posted: 4/19/2010 10:39:16 AM
Carlsbad is now open

LOS ANGELES, CA--(Marketwire - 04/19/10) - Joe's Jeans Inc. (the "Company") (NASDAQ:JOEZ - News) announced today that it has opened its ninth Joe's® branded store. The new store is located at Carlsbad Premium Outlets®, a major international shopping destination and coastal resort city. The outlet center is home to 90 of the finest branded outlet stores and joins venerable retailers such as Barney's New York, Theory and Coach in the center.

Marc Crossman, President and CEO, commented, "We continue to hit our target opening dates with our stores and are excited about the prospects for this store with its proximity to the major tourist attractions of San Diego and located in an upscale Southern California community." Crossman continued, "We are pleased that we are able to open this store so quickly behind our Seattle and Desert Hills stores and continue to believe in the strength of our branded outlet strategy for growth in 2010."

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#109
Posted: 4/19/2010 11:18:18 AM
Be patient, JOEZ has had a fast climb. Plus, the TTM EPS is quite high once you remove the impact of tax allowances. With its well-groomed image, JOEZ could become a significant brand in future years. Look at A&F, American Eagle, etc... all of those brands were virtually unknowns for a long time. But such growth comes over years, not months. Crossman has already said that his outlook is long term, so short term volatility should only serve as buying opportunities.

I am LONG!!!!!!!


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#110
Posted: 4/19/2010 4:18:13 PM
Unless this dips to the 2.30's I'm content with what I have
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#111
Posted: 4/19/2010 4:36:10 PM
QUOTE Originally Posted by wredskins:

Unless this dips to the 2.30's I'm content with what I have

Me too.



I'm LONG!!
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#112
Posted: 4/20/2010 8:09:04 PM
AAPL

Apple's earnings tonight were HUGE!!!
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#113
Posted: 4/28/2010 10:46:52 AM
just added on at 2.50, i am content for now, i have 7.5k shares at a cost average of 2.80
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#114
Posted: 4/28/2010 12:48:49 PM
Added at 2.51 myself
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#115
Posted: 4/28/2010 9:17:31 PM
What a slide today with little/no news on JOEZ... 
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#116
Posted: 5/3/2010 9:09:03 AM
Marc Crossman, President and CEO, commented, "We have now opened four of our nine stores with Premium Outlets(R), the outlet division of Simon Property Group /quotes/comstock/13*!spg/quotes/nls/spg (SPG 89.02, -3.40, -3.68%) , and will continue to open a store a week for the month of May, getting ready for the Memorial Day shopping weekend." Crossman continued, "For the past year, month over month, we have had significant same store sales increases and our new stores continue to perform beyond our expectations. Las Vegas, with its convention and tourism support and reputation as a destination for fine shopping and dining, has always been considered a premier retail location for us." Crossman concluded, "We are pleased to offer new and loyal customers an opportunity to purchase a full array of Joe's(R) products in a one of the busiest tourist centers in the world
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#117
Posted: 5/4/2010 2:20:48 AM
Just FYI..own no shares but have followed this thread. Enjoy.

So, where should you put your money if you want to benefit from this
rebound?

One great option is a small apparel company stock that was featured as the
"Spotlight Stock" in the most recent issue of the Digest. SmallCapInvestor
PRO Editor Ian Wyatt originally recommended Joe's Jeans (JOEZ). Wyatt
wrote:

"The latest addition to the Small Cap Investor PRO portfolio is Joe's
Jeans, a denim company that is looking to follow in True Religion's
footsteps. ... By adding Joe's Jeans to the portfolio, I'm tapping into
many of the same positive trends that we enjoyed when we purchased shares of True Religion: an extremely popular brand, a great quality premium denim clothing, a well run small company, and a growth strategy that looks very promising. ...

"The last two years were forgettable for the majority of retailers. In
inflation-adjusted terms, consumer spending fell by 0.2% in 2008 for the first time in 28 years. Then it fell a further 0.6% in 2009. ... But there were some exceptions, and denim was one of them. Sales of jeans grew by 3.5% in 2009 as middle-income shoppers clung to their aspirations of looking good in denim, regardless of what economists said was going on. In 2008 and 2009, Joe's Jeans grew revenues by 10.2% and 15.8%, respectively.

That's pretty darn good, and even more impressive is that the company turned the corner to profitability in 2007 as it grew during this latest recession. That's the power of good management, a good brand, and amazing customer loyalty."

A clothing company that managed to increase revenues during the recession is a story worth paying attention to. And this is no dollar store benefiting from consumers "trading down." As Wyatt wrote, the key to the company's performance was good management and great product offerings that attract and keep customers. JOEZ may be a small cap stock, but Joe's is a big name in the fashion world.

Bottom line, I think now is a great time to get in on the retail
resurgence, and I think JOEZ is a great way to do it.

Wishing you success in your investing and beyond,

Chloe Lutts
Editor of person Davis Digest
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#118
Posted: 5/5/2010 9:47:34 AM
JOEZ IS GETTING HAMMERED AGAIN TODAY DOWN TO $2.00
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#119
Posted: 5/5/2010 2:04:09 PM
Bounced right back off the 2.01 low of the day....
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#120
Posted: 5/10/2010 2:40:32 PM
just hanging around $2.10 really tought to not want to add on but i really don't want to
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#121
Posted: 5/11/2010 9:53:32 AM
Im thinking about jumping back in here soon but i dont think the drop is over yet...i think the market sells off again here soon and takes Joez with it...you could see this thing was over cooked...all the techs were at over bought levels....no reason to be adding to positions near the highs...
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#122
Posted: 5/15/2010 1:44:11 PM
Institutions buying JOEZ

15 new buyers since Q1


http://www.mffais.com/joez

Let's go JOEZ

15 dollars a share by 2012
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#123
Posted: 5/15/2010 2:26:49 PM
Take a look at the last 8-k, agreement with CIT to lower factoring for the >$40m buckets moving forward is a strong sign that Joe's expects drastic increases in inventory turnover year over year in the near future. 

May 5, 2010, Joe's Jeans Inc. (the "Company") and The CIT Group/Commercial Services Inc. ("CIT") entered into an agreement that amends and supplements the Company's existing Factoring Agreement previously disclosed and entered into in June 2001, as amended, and previously filed with its periodic filings as Exhibit 10.4 to Quarterly Report on Form 10-Q for the period ended August 30, 2003 filed on October 14, 2003, Exhibit 10.6 to Quarterly Report on Form 10-Q for the period ended May 31, 2003 filed on July 15, 2003, Exhibit 10.1 to the Current Report on Form 8-K filed on October 30, 2007 and Exhibit 10.1 to the Current Report on Form 8-K filed on March 17, 2009 (the "Amendment" and "Agreement," respectively). The Amendment primarily provides for a change in the fees associated with factoring with CIT as follows: (i) for the period commencing July 1, 2010 through June 30, 2011, a reduction in factoring fees on Factor Risk Accounts from six tenths of one percent (0.60%) to fifty-five hundredths (0.55%) of all Factor Risk Accounts up to $40 million and one half of one percent (0.50%) of Factor Risk Accounts in excess of $40 million; (ii) commencing July 1, 2011, one half of one percent (0.50%) of Factor Risk Accounts in excess of $40 million; and (iii) for all periods, a reduction in factoring fees from four-tenths of one percent (0.40%) to thirty-five hundredths (0.35%) of the gross face amount for all Client Risk Accounts. The Amendment further provides and clarifies the ability of the Company to terminate the Agreement and related agreements (i) upon 60 days advanced notice if the minimum factoring fees have been paid for the respective period; or (ii) immediately in the event CIT fails to fund the Company for amounts for a period of five (5) consecutive business days for amounts it has available to it under the formula for determining availability under the Agreement. The Amendment also modifies the period in which the Company has to cure a default from ten days to thirty days and provides general non-material clean up to some of the language in the Event of Default section of the Agreement.
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#124
Posted: 5/15/2010 6:32:25 PM
QUOTE Originally Posted by wredskins:

Bounced right back off the 2.01 low of the day....

I bought a ton at 2.01 a share this day!!!   I was shocked it got to that point.

I now have too many shares of JOEZ.    haha

I'm treating it as an investment.  Let's go JOEZ!!!
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#125
Posted: 5/16/2010 2:40:08 AM
Even if u haven't heard of Joe's Jeans.   Ur GF has!!!
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