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Discount Stores

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Target's board declares a quarterly dividend of 60 cents per common share

Wednesday, 21 Sep 2016 08:00am EDT

Target Corp : Target announced its board of directors has declared a quarterly dividend of 60 cents per common share . Target corporation announces new $5 billion share repurchase program and declares regular quarterly dividend .Company will begin repurchasing shares under this new authorization upon completion of current $10 billion program.

PriceSmart says August sales fell 1.5 pct

Friday, 9 Sep 2016 08:00am EDT

PriceSmart Inc : Pricesmart announces august sales; and fourth quarter earnings release dates; opening of new warehouse club also announced .August sales fell 1.5 percent to $229.1 million.

Dia signs deal with ING for cash withdrawal in its store network

Thursday, 8 Sep 2016 05:26am EDT

Distribuidora Internacional de Alimentacion SA :Says signs agreement with financial entity ING for cash withdrawal at its store network.

TJX Companies prices $1.0 bln notes offering

Wednesday, 7 Sep 2016 05:51pm EDT

TJX Companies Inc : Prices $1.0 billion notes offering . Announced the pricing of the public offering of $1.0 billion aggregate principal amount of notes due 2026 .The notes will bear interest at a rate of 2.250 percent per annum, beginning September 12, 2016.

S. Africa's Competition Tribunal rejects appeal to delay Massmart hearing

Friday, 2 Sep 2016 05:53am EDT

South Africa's Competition Tribunal: Rejected application by Shoprite Checkers, Pick ‘N Pay Retailers and Spar Group to delay a hearing into an application by Massmart . Retailers argued in July this year that matter should only be heard after the completion of the inquiry being conducted by Competition Commission into grocery sector (Bengaluru Newsroom) ((+91 806 749 1136;)).

Dollar General Director Michael Calbert reports open market purchase of 13,000 shares of co's common stock

Thursday, 1 Sep 2016 01:45pm EDT

Dollar General Corp :Director michael calbert reports open market purchase of 13,000 shares of co's common stock at average price of $75.53per share on aug 30-filing.

Dollarama reports Q2 earnings per share C$0.88

Thursday, 1 Sep 2016 07:30am EDT

Dollarama Inc : Dollarama reports second quarter results . Q2 sales C$729 million versus I/B/E/S view c$726.6 million . Q2 earnings per share C$0.88 . Q2 earnings per share view c$0.84 -- Thomson Reuters I/B/E/S . Q2 same store sales rose 5.7 percent . Sees comparable store sales growth for fiscal 2017 in range of 4.0 pct to 5.0 pct . Sees 2017 net new stores 60 to 70 units . Dollarama Inc sees 2017 gross margin 37.0 pct to 38.0 pct . Sees capital expenditures $160.0 million to $170.0 million in FY 2017 . Announced that its board approved a quarterly cash dividend for holders of common shares of $0.10 per common share .Dollarama Inc sees 2017 EBITDA margin growth of 21.0 pct to 22.5 pct.

Target's Jeff Jones to join Uber as President, Ridesharing

Tuesday, 30 Aug 2016 01:35pm EDT

Uber Technologies Inc : Says Jeff Jones, Chief Marketing Officer at Target, will be joining UBER as President, Ridesharing. .Says Ryan Graves will continue to be integrally involved with Uber as our resident entrepreneur and builder.

Fred's Inc reports Q2 loss per share of $0.18

Tuesday, 30 Aug 2016 07:45am EDT

Fred's Inc : August same store sales fell 3 percent . Fred's announces second quarter 2016 results . Q2 sales fell 3 percent . Q2 loss per share $0.18 . August sales $159.6 million . Q2 earnings per share view $-0.21 -- Thomson Reuters I/B/E/S . Comparable store sales for Q2 declined 2.0% versus an increase of 0.9% in Q2 last year . Fred's Inc says expect changes in both total sales and comparable store sales to range from negative 1% to a positive 1% for second half of year . Says may see a loss per diluted share for second half of year in range of $0.18 to $0.23 . See Q3 loss per share deeper than Q4 loss per share .Qtrly net sales $529.5 million versus $546.1 million.

Big Lots Q2 earnings per share $0.51 from cont ops

Friday, 26 Aug 2016 06:00am EDT

Big Lots Inc : Q2 adjusted non-GAAP earnings per share $0.52 from continuing operations excluding items . Q2 earnings per share $0.51 from continuing operations . Comparable store sales increased 0.3% for quarter . Net sales for Q2 of fiscal 2016 decreased 0.5% to $1,203 million . Q2 earnings per share view $0.46 -- Thomson Reuters I/B/E/S . Sees FY 2016 adjusted non-gaap earnings per share $3.45 to $3.55 from continuing operations . Sees Q4 2016 adjusted non-gaap earnings per share $2.18 to $2.23 from continuing operations . Company increases outlook for fiscal 2016 adjusted EPS . Says provides initial Q3 guidance for comparable store sales in range of flattish to +2% . Sees for Q3 of fiscal 2016, continuing operations will be in range of an adjusted loss of $0.04/shr(non-GAAP) to adjusted income of $0.01/shr . Provides initial Q4 guidance for adjusted income from continuing operations in range of $2.18 to $2.23 per diluted share . Provides initial Q4 guidance for comparable store sales in range of flattish to +2% growth . Q2 revenue view $1.22 billion -- Thomson Reuters I/B/E/S .Q2 income from continuing operations includes after tax expense of $0.01 per share.

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