Retail - Discount Stores
TJX Companies Inc Issues Q2 2014 EPS Guidance In Line With Analysts' Estimates; Narrows FY 2013 EPS Guidance To A Range Below Analysts' Estimates; Reaffirms FY 2013 Comparable Store Sales Guidance
TJX Companies Inc announced that for second quarter of 2014, it expects diluted earnings per share (EPS) to be in the range of $0.61 to $0.63, which would represent a 9% to 13% increase over last year's $0.56 per share. For fiscal 2014, the Company is narrowing its expected range for diluted earnings per share to $2.70 to $2.78 versus $2.55 in fiscal 2013. Excluding the approximately $0.08 benefit from the 53rd week in the Company's Fiscal 2013 calendar, this guidance would represent a 9% to 13% increase over the adjusted $2.47 in fiscal 2013. This outlook is based upon estimated consolidated comparable store sales growth of 1% to 2%. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.63 for second quarter of 2014 and EPS of $2.82 for fiscal 2014.
CORRECTION - Vipshop Holdings Ltd Issues Q2 2013 Revenue Guidance Above Analysts' Estimates
CORRECTED TO READ - "Above Analysts' Estimates"... INSTEAD OF... "Below Analysts' Estimates"... IN THE HEADLINE. Vipshop Holdings Ltd announced that for the second quarter of 2013, the Company expects its net revenues to be between $330-$335 million, representing a year-over-year growth rate of approximately 144% to 148%. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $321 million for the second quarter of 2013.
TJX Companies Inc Raises Low End Of Prior Q1 2014 EPS Guidance
TJX Companies Inc announced that both in April and the first quarter, consolidated comp sales increases were achieved over growth last year. Customer traffic drove comp increases at all divisions, as consumers responded to fresh selections of branded spring apparel. With sales and margins, the Company is further narrowing its first quarter of 2014 earnings per share (EPS) expected range to $0.61-$0.62. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.62 for first quarter of 2014.
Groupon Inc Issues Q2 2013 Revenue Guidance; EBIT Guidance Below Analysts' Estimates; Reaffirms FY 2013 EBIT Guidance
Groupon Inc announced that for second quarter of 2013, it expects revenue to be between $575 million and $625 million, and operating income (EBIT) excluding stock compensation and acquisition-related expenses to be between $20 million and $40 million. For fiscal 2013, it reaffirmed its guidance and expects GAAP operating income (EBIT) to exceed $100 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $616 million, EBIT of $53 million for the second quarter of 2013.
Costco Wholesale Corp Announces Quarterly Cash Dividend
Costco Wholesale Corp announced that Board of Directors declared a quarterly cash dividend on Costco common stock and approved an increase from $.275 to $.31 per share, or from $1.10 to $1.24 per share on an annualized basis. The quarterly dividend is payable May 31, 2013, to shareholders of record at the close of business on May 17, 2013.
MR MAX CORP Lowers Consolidated Full-year Outlook for FY 2013
MR MAX CORP announced that it has lowered its consolidated full-year outlook for revenue from JPY 112,300 million to JPY 106,170 million, operating profit from JPY 920 million to JPY 117 million, ordinary profit from JPY 1,050 million to JPY 238 million, net profit from JPY 500 million to JPY 256 million and earning per share from JPY 15.06 to JPY 7.71 , for the fiscal year ended March 2013. The Company lowered the outlook due to the decreased sales, among others.
Tuesday Morning Corp Withdraws Previous Guidance
Tuesday Morning Corp announced that as stated during the Company's second quarter conference call, Tuesday Morning will no longer be providing guidance. Additionally, the Company is withdrawing any previous guidance.
The Reject Shop Ltd Completes AUD 30 Million Placement
The Reject Shop Ltd (TRS) announced that it has completed a AUD 30 million placement to qualified and sophisticated institutional investors (Placement) at a fixed price of AUD 16.20 (Placement Price) per new fully paid ordinary share in TRS (New Share). The Company intends to raise up to AUD 10 million under the SPP. Investors on TRS' share register at 7:00pm (Melbourne time) on April 22, 2013 (SPP Record Date) and whose registered address is in Australia or New Zealand will be entitled to subscribe for up to AUD 15,000 worth of new fully paid ordinary shares in TRS at the Placement Price (subject to scale-back at TRS' discretion).
KOMPAS MTS dd's Supervisory Board to Recommend to Retain All Earnings for FY 2012
KOMPAS MTS dd announced that it has recommended the General Meeting to leave the Company's profit for the 2012 fiscal year unallocated as retained earnings.
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Analyst Research
| Report Title | Price |
|---|---|
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Provider: GlobalData
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$125.00
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Provider: GlobalData
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$81.00
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Provider: Pechala's Reports
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$10.00
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Provider: Wright Reports
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$65.00
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Provider: GlobalData
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$81.00
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