Koj yuav tsum xav txog 3 Lub Tsev Muag Khoom Muag Khoom Muag Khoom Muag?

Lub tuam txhab thoob ntiaj teb cov khw muag khoom lag luam loj tau muaj nqis txog $ 117.2 nphom hauv 2021 thiab xav tias yuav nthuav dav ntawm qhov kev loj hlob txhua xyoo (CAGR) ntawm 5.1% txij xyoo 2022 txog 2028. Lub khw muag khoom muaj muag tag nrho cov khoom tsim nyog hauv qab ib lub ru tsev thiab cov neeg siv khoom tsis tas yuav mus los ntawm ib lub khw mus rau lwm qhov los yuav cov khoom. Qhov zoo tshaj plaws no muab kev yooj yim zoo rau cov neeg siv khoom thiab tseem txuag lawv lub sijhawm thiab lub zog, yog li tsav kev lag luam tag nrho.

Cov khw muag khoom muag tau tawm los ntawm lub sijhawm nyuaj vim muaj tus kabmob coronavirus. Thaum pib, ntau lub tuam txhab yuav tsum kaw cov khw muag khoom tsis tas li. Txij Lub Ob Hlis mus txog Lub Plaub Hlis 2020, cov khw muag khoom tau pom kev muag khoom poob 45%, nrog rau cov khw muag khaub ncaws thiab khoom siv pom qhov poob 89%.

Tsis ntev los no, kev nce nyiaj nce ntxiv, kev txhawb nqa tsoomfwv thiab kev nce siab ntawm cov khw muag khoom tsis yog lub cev tau ua rau muaj kev cuam tshuam rau cov khw muag khoom. Tsis tas li ntawd, cov khw muag khoom tseem tab tom sib ntaus sib tua cov khoom lag luam cuam tshuam uas tau pib thaum muaj kev sib kis. Cov xwm txheej no, ua ke nrog kev xav tau qeeb, tau ua rau cov khw muag khoom tuav cov khoom muag ntau dhau. Ntau tus tau pib muab cov luv nqi loj rau cov khoom lag luam txhawm rau txo qis cov khoom muag.

Ntau lub khw muag khoom tau hloov mus deb ntawm cov khw muag khoom hauv tsev ib txwm muaj nyob rau hauv kev pom zoo ntawm cov khw muag khoom qhib. Cov khw qhib-huab cua tau ua tau zoo dua cov khw muag khoom tsis ntev los no. Tsis tas li ntawd, cov khw hauv tsev tsis yog lub hubs uas lawv tau ua. Cov khw sab hauv tsev tau hloov mus ua kev lom zem ntau dua txhawm rau kom nyiam cov neeg hluas thiab rov qab muaj koob meej. Txawm hais tias lawv cov kev siv zog, cov neeg ua haujlwm tsis txaus siab tseem nce ntxiv. Cov tuam txhab xws li Macy's thiab Kohl's tau hloov lawv txoj kev tsom mus rau qhib cov khw muag khoom me me.

Zuag qhia tag nrho, cov khw muag khoom hauv khw muag khoom tau ntsib ob peb xyoos tseem ceeb. Tsis muaj kev txhawb nqa los ntawm tsoomfwv txoj kev txhawb nqa ntxiv lawm, cov tuam txhab yuav tsum nrhiav txoj hauv kev los mus rau qhov chaw muaj kev lag luam nyuaj zuj zus. Kev nyiam cov neeg siv khoom tshiab yuav yog qhov tseem ceeb. Qhov kev sim siab kom txav deb ntawm cov khw muag khoom hauv tsev ib txwm muaj thiab yuav muaj nyob rau ob peb xyoos tom ntej no.

Qib Lub Tsev Muag Khoom Muag Khoom Muag Nrog AAII's A + Qib Qib

Thaum txheeb xyuas lub tuam txhab, nws yuav pab tau kom muaj lub hom phiaj lub hom phiaj uas tso cai rau koj los sib piv cov tuam txhab hauv tib txoj kev. Qhov no yog vim li cas AAII tau tsim A + Cov Qib Kawm Qib Siab, uas ntsuas cov tuam txhab thoob plaws tsib yam uas tshawb fawb thiab cov txiaj ntsig kev nqis peev hauv ntiaj teb no qhia los txheeb xyuas cov khoom lag luam-kev sib tw hauv lub sijhawm ntev: tus nqi, kev loj hlob, lub zog, nyiaj tau los kwv yees kev hloov kho (thiab xav tsis thoob) thiab zoo.

Siv AAII's A + Tshuag Qib, cov lus hauv qab no qhia txog qhov zoo nkauj ntawm peb lub khw muag khoom-GapGPS
, Kohl's thiab Macy's—raws li lawv cov hauv paus ntsiab lus.

AAII's A + Tshuag Qib Summary rau Peb Lub Tuam Tsev Muag Khoom Muag Khoom Muag

Qhov A + Cov Qeb Kawm Ua Dab Tsi Qhia tawm

Gap (GPS) yog lub tuam txhab tshwj xeeb cov khaub ncaws uas muab cov khaub ncaws, khoom siv thiab cov khoom tu tus kheej rau cov poj niam, txiv neej thiab menyuam yaus hauv qab Navy, Gap, Banana Republic thiab Athleta hom. Lub tuam txhab yog lub khw muag khoom omnichannel, nrog kev muag khoom rau cov neeg siv khoom hauv khw muag khoom thiab hauv online, los ntawm cov tuam txhab lag luam thiab cov khw muag khoom lag luam, cov tuam txhab cov vev xaib thiab cov neeg thib peb. Nws tsim, tsim, ua lag luam thiab muag ntau yam ntawm cov khaub ncaws, khau thiab accessories cov khoom uas qhia txog kev sib xyaw ntawm cov hauv paus thiab cov khoom zam. Nws muaj cov khw muag khoom lag luam hauv Asmeskas, Canada, Nyiv, Ltalis, Tuam Tshoj, Taiwan thiab Mexico. Nws kuj tseem muaj kev cog lus franchise nrog cov neeg ua lag luam uas tsis muaj feem cuam tshuam los khiav nws lub khw muag khoom thoob plaws Asia, Europe, Latin America, Middle East thiab Africa. Gap's omnichannel cov kev pabcuam, suav nrog kev khaws cia, yuav khoom hauv online hauv khw, xaj-hauv khw, nrhiav-hauv khw thiab nkoj-los ntawm-kho khoom raug txiav thoob plaws nws cov npe sau.

Lub tuam txhab muaj tus nqi Qib A, raws li nws tus nqi Score ntawm 7, uas yog suav tias yog tus nqi sib sib zog nqus. Cov qhab nias qis qhia tau tias muaj txiaj ntsig zoo rau cov tub ua lag luam thiab, yog li, qib siab dua.

Gap's Value Score ranking yog nyob ntawm ntau qhov kev ntsuas ntsuas ib txwm muaj. Lub tuam txhab tau qhab nia ntawm 9 rau shareholder yield,,6 rau nqi-rau-muag piv thiab 48 rau cov nqi-rau-phau ntawv ratio (nco ntsoov, tus qhab nia qis dua qhov zoo dua rau tus nqi). Lub tuam txhab muaj cov tswv lag luam tawm los ntawm 7.2%, tus nqi-rau-muag piv ntawm 0.24 thiab 1.61 tus nqi-rau-phau ntawv piv.

Tus Nqi Qib yog qhov feem pua ​​​​ntawm qhov nruab nrab ntawm cov feem pua ​​​​ntawm cov nqi ntsuas tau hais los saum no, nrog rau nqi-rau-dawb-nyiaj-flow piv thiab qhov piv ntawm cov nqi lag luam rau cov nyiaj tau los ua ntej paj, se, depreciation thiab amortization (Ebitda).

Cov nyiaj khwv tau los kwv yees cov kev hloov kho tshiab qhia tau hais tias yuav ua li cas cov kws tshuaj ntsuam saib qhov kev cia siab luv luv ntawm lub tuam txhab. Piv txwv li, Gap muaj Cov Nyiaj Tau Los kwv yees Hloov Kho Qib D, uas yog qhov tsis zoo. Qib yog raws li qhov tseem ceeb ntawm cov nyiaj tau los ntawm ob peb lub hlis twg thiab qhov feem pua ​​​​ntawm cov nyiaj tau los hloov pauv hauv nws qhov kev pom zoo kwv yees rau xyoo nyiaj txiag tam sim no nyob rau lub hli dhau los thiab peb lub hlis dhau los.

Gap tau tshaj tawm cov nyiaj tau los tsis zoo rau thawj peb lub hlis twg 2022 ntawm 238.5%, thiab hauv lub quarter dhau los tau tshaj tawm cov nyiaj tau los zoo surprise ntawm 85.8%. Nyob rau lub hli tas los, qhov kev pom zoo cov nyiaj tau los kwv yees rau lub quarter thib ob ntawm 2022 tau nce los ntawm qhov poob ntawm $ 0.032 mus rau qhov poob ntawm $ 0.054 ib feem vim yog 15 nqes rov qab kho dua. Hauv peb lub hlis dhau los, qhov kev pom zoo cov nyiaj tau los kwv yees rau tag nrho xyoo 2022 tau poob 58.7% los ntawm $ 0.046 txog $ 0.019 ib feem raws li 15 qhov kev hloov kho qis.

Lub tuam txhab muaj qhov Zoo Qib B, raws li nws cov qhab nia Zoo ntawm 71. Gap muaj tus qhab nia ntawm 87 rau kev hloov pauv ntawm tag nrho cov nuj nqis rau cov cuab tam, 85 rau tag nrho cov nyiaj tau los rau cov cuab tam thiab 83 rau kev yuav khoom rov qab. Lub tuam txhab muaj kev hloov pauv hauv tag nrho cov nuj nqis rau cov khoom muaj nqis ntawm qhov tsis zoo 8.1%, cov nyiaj tau los tag nrho rau cov cuab tam ntawm 49.8% thiab kev yuav rov qab los ntawm 1.6%. Cov qhab-nees siab yog ib feem los ntawm qhov qis rov qab los ntawm cov peev peev (ROIC) ntawm 0.6% thiab qis rov qab ntawm cov cuab tam (ROA) ntawm qhov tsis zoo 0.6%. Tsis tas li ntawd, Gap muaj Kev Loj Hlob Qib F raws li cov nyiaj khwv tau los hauv peb lub hlis twg tsis zoo ntawm kev loj hlob ntawm 201.5% thiab ib lub hlis twg ntawm lub xyoo dhau los ntawm kev lag luam nyiaj txiag loj hlob ntawm qhov tsis zoo 206.5%.

Kohl's (KSS) yog tus neeg ua haujlwm ntawm cov khw muag khoom. Lub tuam txhab ua haujlwm kwv yees li 1,165 lub khw, thiab www.Kohls.com. Nws Kohl cov khw muag khoom thiab lub vev xaib muag cov khoom ntiag tug thiab lub teb chaws cov khaub ncaws, khau, khoom siv, kev zoo nkauj thiab khoom siv hauv tsev. Nws cov khw muag khoom Kohl nqa cov khoom lag luam nrog qhov sib txawv ntawm qhov nyiam hauv zos, khw loj thiab Sephora. Lub tuam txhab lub vev xaib suav nrog cov khoom muag muaj nyob hauv nws cov khw muag khoom thiab cov khoom muag tsuas yog muaj nyob hauv online. Nws cov khoom sib xyaw ua ke suav nrog ob lub teb chaws hom thiab cov npe ntiag tug uas muaj nyob ntawm Kohl's. Nws cov ntaub ntawv ntiag tug suav nrog ntau lub npe, xws li Apt. 9, Croft & Barrow, Jumping Beans, SO thiab Sonoma Khoom rau Lub Neej, thiab cov khoom lag luam uas tsim thiab ua lag luam los ntawm kev pom zoo nrog lub teb chaws hom, xws li Food Network, LC Lauren Conrad, Nine West thiab Simply Vera Wang.

Kohl's muaj Momentum Qib F, raws li nws Momentum Score ntawm 20. Qhov no txhais tau hais tias nws nyob qib tsis zoo nyob rau hauv cov nqe lus ntawm nws qhov hnyav hnyav ntawm plaub lub hlis dhau los. Qhov qhab nia no yog muab los ntawm qhov nruab nrab saum toj no txheeb ze tus nqi zog Ntawm qhov tsis zoo 5.8% nyob rau hauv lub quarter thib ob-feem ntau-tsis ntev los no, 3.8% hauv peb lub hlis twg tsis ntev los no thiab 2.1% nyob rau hauv plaub-feem ntau-tsis ntev los no lub quarter, offset los ntawm tus nqi qis tshaj tus nqi nruab nrab ntawm qhov tsis zoo 37.4% hauv lub quarter tsis ntev los no. Cov qhab nia yog 8, 44, 79 thiab 65 raws li lub quarter dhau los. Qhov hnyav plaub lub hlis twg tus nqi txheeb ze yog qhov tsis zoo 14.9%, uas txhais tau tias yog tus qhab nia ntawm 20. Qhov hnyav plaub lub hlis twg tus txheeb ze lub zog yog qhov txheeb ze tus nqi hloov pauv rau txhua plaub lub hlis dhau los, nrog rau cov nqi hloov pauv tshiab peb lub hlis twg muab. qhov hnyav ntawm 40% thiab txhua ntawm peb lub hlis dhau los tau muab qhov hnyav ntawm 20%.

Cov khoom lag luam zoo dua muaj cov yam ntxwv cuam tshuam nrog lub peev xwm upside thiab txo qis kev pheej hmoo. Backtesting ntawm Qib Zoo qhia tau hais tias cov khoom lag luam nrog cov qib siab dua, qhov nruab nrab, cov khoom lag luam tau zoo dua nrog cov qib qis dua lub sijhawm txij li xyoo 1998 txog 2019.

Kohl's muaj Qib Qib A nrog tus qhab nia ntawm 90. Qib A + Zoo yog qhov feem pua ​​​​ntawm qhov nruab nrab ntawm cov feem pua ​​​​ntawm cov nyiaj tau los ntawm cov khoom muaj nqis, xa rov qab rau cov peev peev, cov nyiaj tau los tag nrho rau cov khoom muaj nqis, kev yuav khoom rov qab, hloov tag nrho cov nuj nqis. rau cov khoom muaj nqis, nce rau cov khoom muaj nqis, Z ob npaug ntawm kev pheej hmoo poob nyiaj txiag (Z) qhab nia thiab F-Score. Cov qhab nia yog qhov sib txawv, txhais tau tias nws tuaj yeem txiav txim siab tag nrho yim qhov ntsuas lossis, yog ib qho ntawm yim qhov ntsuas tsis siv tau, qhov ntsuas tseem siv tau. Txhawm rau muab Tus qhab nia Zoo, txawm li cas los xij, cov khoom lag luam yuav tsum muaj qhov ntsuas tau (tsis yog null) thiab sib piv rau yam tsawg kawg plaub ntawm yim qhov kev ntsuas zoo.

Lub tuam txhab nyob rau hauv cov nqe lus ntawm nws F-Score thiab buyback yield. Kohl's muaj F-Score ntawm 7 thiab kev yuav khoom rov qab los ntawm 17.5%. Lub sector nruab nrab F-Score thiab buyback tawm los yog 4 thiab tsis zoo 0.3%, feem. F-Score yog tus lej ntawm xoom thiab cuaj uas ntsuas lub zog ntawm lub tuam txhab txoj haujlwm nyiaj txiag. Nws txiav txim siab qhov profitability, leverage, liquidity thiab kev khiav hauj lwm efficiency ntawm ib lub tuam txhab. Txawm li cas los xij, Kohl cov qib tsis zoo nyob rau hauv cov nqe lus ntawm nws rov qab los ntawm peev peev, hauv 28 feem pua.

Lub tuam txhab muaj tus nqi Qib A, raws li nws tus nqi Score ntawm 2, uas yog nyob rau hauv tus nqi sib sib zog nqus. Qhov no yog muab los ntawm tus nqi qis heev-rau-muag piv ntawm 0.22 thiab cov tswv lag luam siab tawm los ntawm 23.6%, thaum lub lag luam nruab nrab cov tswv lag luam tawm los yog 0.0%. Tsis tas li ntawd, Kohl's muaj Kev Loj Hlob Qib D raws li qhov tsis muaj zog hauv peb lub hlis twg ntawm lub xyoo dhau los ntawm kev lag luam nyiaj txiag loj hlob ntawm qhov tsis zoo 265.5% thiab qhov muag tsis muaj zog tsib xyoos kev loj hlob ntawm qhov tsis zoo 0.3%.

Macy's (M) yog lub tuam txhab omnichannel khw muag khoom lag luam khw muag khoom, cov vev xaib thiab cov ntawv thov txawb hauv qab peb lub npe: Macy's, Bloomingdale's thiab Bluemercury. Lub tuam txhab muag ntau yam khoom lag luam, suav nrog cov ris tsho thiab khoom siv (txiv neej, poj niam thiab menyuam), tshuaj pleev ib ce, khoom vaj khoom tsev thiab lwm yam khoom siv. Nws cov koom haum muab ntau yam kev txhawb nqa rau nws cov lag luam muag khoom. Nws lub tuam txhab nyiaj hauv tuam txhab, FDS Bank, muab kev sau, kev pabcuam neeg siv khoom thiab kev pabcuam kev lag luam credit hauv kev hwm ntawm txhua daim npav rho nyiaj uas yog los ntawm Department Stores National Bank, ib lub koom haum ntawm Citibank NA Macy's Systems thiab Technology Inc. lub tuam txhab, muab cov ntaub ntawv siv hluav taws xob ua haujlwm thiab kev tswj xyuas cov ntaub ntawv. Nws cov tuam txhab lag luam Macy's Merchandising Group Inc. thiab Macy's Merchandising Group International LLC tau koom nrog tsim thiab txhim kho Macy cov npe lag luam ntiag tug thiab qee lub npe muaj ntawv tso cai.

Macy's muaj Qib Qib A zoo nrog tus qhab nia ntawm 99. Lub tuam txhab ua haujlwm tau zoo nyob rau hauv cov nqe lus ntawm nws cov txiaj ntsig yuav rov qab, hloov tag nrho cov nuj nqis rau cov cuab tam thiab F-Score. Macy's muaj kev yuav khoom rov qab los ntawm 9.0%, kev hloov pauv ntawm tag nrho cov nuj nqis rau cov khoom muaj nqis ntawm qhov tsis zoo 10.1% thiab F-Score ntawm 8. Kev lag luam qhov nruab nrab hloov pauv ntawm tag nrho cov nuj nqis rau cov cuab tam yog 2.4%, cuam tshuam ntau dua li Macy's. Macy's qib siab tshaj qhov kev lag luam nruab nrab rau tag nrho lwm cov kev ntsuas zoo.

Macy's muaj Momentum Qib B, raws li nws cov qhab nia Momentum ntawm 70. Qhov no txhais tau hais tias nws yog siab tshaj qhov nruab nrab ntawm nws qhov hnyav hnyav ntawm plaub lub hlis dhau los. Qhov qhab nia no tau muab los ntawm tus nqi txheeb ze ntawm qhov tsis zoo 15.3% hauv lub quarter dhau los, qhov tsis zoo 3.3% hauv lub quarter thib ob-tsis ntev los no, qhov tsis zoo 15.3% hauv peb lub hlis twg tsis ntev los no thiab 56.1% hauv plaub- lub quarter tsis ntev los no. Cov qhab nia yog 25, 49, 42 thiab 97 raws li lub quarter dhau los. Qhov hnyav plaub-lub hlis twg tus nqi kwv yees yog 1.4%, uas txhais tau rau tus qhab nia ntawm 70.

Macy tau tshaj tawm cov nyiaj tau los zoo surprise rau thawj peb lub hlis twg 2022 ntawm 31.1%, thiab hauv peb lub hlis twg ua ntej tshaj tawm cov nyiaj tau los zoo surprise ntawm 22.8%. Nyob rau lub hli tas los, qhov kev pom zoo cov nyiaj tau los kwv yees rau lub quarter thib ob ntawm 2022 tau poob ntawm $ 0.876 txog $ 0.862 ib feem vim yog plaub qhov kev hloov kho qis dua. Lub hli dhau los, qhov kev pom zoo cov nyiaj tau los kwv yees rau xyoo 2022 tau txo qis 2.0% los ntawm $ 4.642 txog $ 4.550 ib feem, raws li ib qho kev nce siab thiab rau nqes rov qab kho dua.

Lub tuam txhab muaj tus nqi Qib A, raws li nws tus nqi Score ntawm 2, uas yog suav tias yog tus nqi sib sib zog nqus. Qhov no yog muab los ntawm tus nqi qis heev-rau-muag piv ntawm 0.22 thiab tus nqi qis-nyiaj tau los ntawm 3.8, uas nyob rau qib tsib thiab thib rau feem pua. Macy's muaj Kev Loj Hlob Qib C raws li tus qhab nia ntawm 53. Lub tuam txhab muaj zog hauv peb lub hlis twg ntawm cov nyiaj tau los xyoo dhau los ntawm kev loj hlob ntawm 204.1%. Txawm li cas los xij, qhov no yog offset los ntawm qhov tsawg tsib xyoos kev muag khoom loj hlob ntawm qhov tsis zoo 0.4%.

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Cov khoom lag luam ua tau raws li cov txheej txheem ntawm txoj hauv kev tsis sawv cev rau kev pom zoo" lossis "yuav" daim ntawv teev npe. Nws yog ib qho tseem ceeb kom ua raws li kev mob siab rau.

Yog tias koj xav tau ib txoj ntug thoob plaws hauv kev lag luam no tsis txaus, dhau los ua AAII tus tswv cuab.