New York (
) -- While the retail sector overall is seeing little movement today -- with the S&P Retail Index nearly flat -- within the sector there are significant winners and losers to be found.
One of the biggest movers is women's retailer
, which spiked 12% to $7.78, after being upgraded to buy by Citi. Analyst Kimberly Greenberger said its sales could turn positive within the next six months.
, but still recorded a loss of $24.5 million, or 45 cents a share.
also soared, rising 13% to $6.68, a day after it once again delayed releasing its fourth-quarter earnings results.
The jeweler is in the process of reviewing accounting for prepaid advertising costs that surfaced during its year-end closing process.
The company previously delayed its report by a week, but on Wednesday said it would announce the date of its earnings call and provide additional details once the review is complete.
Tiffany & Co.
was upgraded on Thursday to outperform from neutral by Credit Suisse, resulting in its shares climbing by 2.5% to $38.26.
Analyst Paul Lejuez said lower prices for platinum and silver will boost margins in fiscal 2010.
also received an upgrade to overweight by Morgan Stanley for the first time in six years, sending shares of the company up 7% to $17.19 in afternoon trading.
Analyst Gregory Malich said the company's turnaround efforts should begin to pay off.
rose 3% to $22.27 after reporting
was also a notable mover, with shares climbing 8.5% to $5.91.
But the loser of the day, without question, was
, which, despite reporting a 20% uptick in its second-quarter earnings, tumbled 9% to $25.00, after the company revealed a lower-than-expected outlook.
The men's apparel retailer expects third-quarter earnings in the range of 27 cents to 30 cents a share, below the 32 cents a share that analysts had forecast.
-- Reported by Jeanine Poggi in New York.
Follow TheStreet.com on
and become a fan on
Copyright 2009 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.