After an extremely weak year, has Body Central (BODY)
finally hit bottom? The women's fashion retailer started off with good
results in 2011 after an IPO at the end of 2010. The company though
constantly revised down expectations in 2012 while competitors such as Francesca's Holdings Corp (FRAN) managed to continue growing at a fast pace.
company is a multi-channel, specialty retailer of woman's fashion
providing quality apparel at affordable prices. It operates 281
specialty apparel stores in 26 states under the Body Central and Body
With the stock plunging from near $30 at the peak
back in 2012 to the current price of $12.50, the question remains
whether the company can regain that stock price. With a market cap of
only $200 million, Body Central appears destined for a significantly
higher market valuation with any type of turnaround. As a sign of the
potential, Francesca's has a similar revenue base, but the market
valuation is nearly 6x the size at $1.2 billion.
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