Department Stores

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Hudson’s Bay reaffirms FY 2014 guidance

Tuesday, 9 Dec 2014 07:00am EST

Hudson’s Bay Co:Expects FY 2014 total sales of $7.8 - $8.1 bln.Implies low-to-mid single-digit consolidated same store sales growth calculated on a local currency basis, driven in part by strong digital sales growth.Expects FY 2014 normalized EBITDA of $580 - $620 mln.FY 2014 revenue of $8.0 bln and EBITDA of $595 mln - Thomson Reuters I/B/E/S.

Aeon Co Ltd to cut stake in Kasumi Co Ltd

Monday, 8 Dec 2014 01:00am EST

Kasumi Co Ltd:Says Aeon Co Ltd to cut stake in the company to 0 pct from 32.54 pct (210,640 voting rights).Change effective date Jan. 16, 2015.

Aeon Co Ltd to cut stake in Maruetsu Inc

Monday, 8 Dec 2014 01:00am EST

Maruetsu Inc:Says Aeon Co Ltd to cut stake in the company to 0 pct from 33.03 pct (41,201 voting rights).Change effective date Jan. 16, 2015.

Saga Falabella declares FY 2014 dividend

Friday, 5 Dec 2014 09:59am EST

Saga Falabella SA:Declares dividend for 2014 in total amount of 124,184,000 nuevos soles, equivalent to 0.496736 nuevo sole per share for 250,000,000 shares.Dividend to be paid on Dec. 30 for shareholders of record on Dec. 26.

Nissen Holdings Co Ltd amends consolidated full-year outlook for FY 2014 and cancels year-end dividend for FY 2014

Friday, 5 Dec 2014 01:30am EST

Nissen Holdings Co Ltd:Says the company raised the consolidated full-year outlook for revenue to 206,940 million yen from 196,800 million yen for FY ending Dec. 2014.Sees a decreased operating profit forecast to a loss of 6,730 million yen from a loss of 4,650 million yen.Sees a decreased ordinary profit forecast to a loss of 7,860 million yen from a loss of 4,650 million yen.Sees a decreased net profit forecast to a loss of 8,600 million yen from a loss of 5,000 million yen.Sees a decrease of earnings per share to a loss of 135.37 yen from a loss of 78.70 yen per share.Comments the change of fiscal year end date in subsidiaries, profit reduction of subsidiary Nissen Co., Ltd. and investment loss of subsidiary GE Nissen Credit are the main reasons for the forecast.Resolved to cancel the year-end dividend for FY ending Dec. 2014.Latest dividend forecast was an undetermined value.

FELISSIMO CORP lowers consolidated full-year outlook and cancels year-end dividend for FY 2015

Friday, 5 Dec 2014 01:00am EST

FELISSIMO CORP:Says the company lowered the consolidated full-year outlook for revenue to 38,613 million yen from 40,090 million yen for the fiscal year ending Feb. 28, 2015.Sees a decrease of operating profit forecast to a loss of 335 million yen from 109 million yen.Sees a decrease of ordinary profit forecast to a loss of 218 million yen from 221 million yen.Sees a decrease of net profit forecast to a loss of 249 million yen from 17 million yen.Sees a decrease of earnings per share to a loss of 25.25 yen from 1.73 yen.Comments that the decreased orders is the main reason for the forecast.Resolved to cancel the year-end dividend for the fiscal year ending Feb. 28, 2015.Latest dividend forecast was 5.00 yen per share.

FELISSIMO CORP to dissolve subsidiaries; expects extraordinary loss and profit for FY 2015

Friday, 5 Dec 2014 01:00am EST

FELISSIMO CORP:Says to dissolve a wholly owned subsidiary, Felissimo Universal Corporation of America, which has been engaged in real estate leasing and maintenance business in America.To dissolve another wholly owned subsidiary, which has been mainly engaged in production, distribution and processing of clothing in Shanghai, China.Effective date is not decided yet.Expects to record about 70 million gain on liquidation of America-based subsidiary as extraordinary profit, and about 75 million loss on liquidation of Shanghai-based subsidiary as extraordinary loss for the fiscal year ending Feb. 28, 2015.

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Provider: Thomson Reuters StreetEvents
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