DALLAS, March 26, 2010 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring Bakers Footwear Group Inc. (Nasdaq:BKRS). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: http://www.stockpreacher.com/n/BKRS
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/StockPreacher
Bakers Footwear Group Inc. (BKRS) operates as a specialty retailer of footwear and accessories for young women in the United States under the Bakers and Wild Pair names. The Company sells both private label and national brand dress, casual and sport shoes, boots, sandals and accessories, such as handbags and costume jewelry. The Wild Pair chain offers edgier, faster fashion-forward footwear that reflects the attitude and lifestyles of both women and men between the ages of 17 and 29. As a result of carrying a greater proportion of national brands, Wild Pair has somewhat higher average prices than its Bakers stores. As of April 11, 2009, the Company operated 240 stores, including 21 Wild Pair stores.
Message Board Search for BKRS: http://www.boardcentral.com/boards/BKRS
In the report, the analyst notes:
"BKRS shares were boosted recently after the Company announced solid profit in the fourth quarter. Also, the Company reported a 3.9% increase in comparable store sales, which compare sales at stores open at least a year, as well as a 500 basis point increase in gross profit margin. As stated by BKRS chairman and CEO Peter Edison, 'Our results demonstrate the progress of our turnaround strategies that are focused on delivering compelling fashion and value to our customers and increasing inventory turns through narrow and deep assortments ...'
"Investor confidence was further boosted after the Company said it was in compliance with its loan covenants after amending its debt agreement ... Based on its business plan, the Company believes it has adequate liquidity to fund anticipated working capital requirements throughout 2010."
To read the entire report visit: http://www.stockpreacher.com/n/BKRS
See what investors are saying about BKRS at penny stock forum
StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com
StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. StockPreacher.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.
CONTACT: StockPreacher.com Nic Lesmeister (469)-252-3505 email@example.com