Retail Net/Nets One Year Later, up an Average of 146%

This time last year we ran a two part series on retailers that were trading below net current asset value. Retail was all but left for dead then, and as we all remember, market conditons got even worse by March.

One year later, the twelve companies are up an average of 146%. There was just one company in negative territory, Zales.

Here are the companies and returns:

A.C. Moore Arts & Crafts
ACMR
Price Then: 1.47
Price Now: $2.72
Return: 85%

MarineMax, Inc.
HZO
Price Then: $2.49
Price Now: $10.22
Return: 310%

Perfumania Holdings, Inc.
PERF
Price Then: $3.78
Price Now: $6.46
Return: 71%

West Marine, Inc.
WMAR
Price Then: $5.69
Price Now: $8.24
Return: 45%

Zale Corporation
ZLC
Price Then: $2.88
Price Now: $2.12
Return: -26%

Signet Jewelers Ltd.
SIG
Price Then: $9.42
Price Now: $27.00
Return: 187%

Duckwall-ALCO Stores, Inc
DUCK
Price Then: $10.50
Price Now: $12.59
Return: 20%

Stein Mart
SMRT
Price Then: $1.28
Price Now: $8.05
Return: 529%

Shoe Carnival
SCVL
Price Then: $8.04
Price Now: $18.08
Return: 125%

Cache
CACH
Price Then: $2.00
Price Now: $4.34
Return: 117%

PC Connection
PCCC
Price Then: $5.25
Price Now: $6.19
Return: 18%

Tuesday Morning
TUES
Price Then: $1.33
Price Now: $4.95
Return: 272%

At this writing, just two of the company's AC Moore, and Duckwall Alco remain in net/net territory.

*The author has a position in Tuesday Morning. This is neither a recommendation to buy or sell any securities. All information provided believed to be reliable and presented for information purposes only.