Discount Stores

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Burlington Stores Inc gives Q2 2015 outlook in line with analysts' estimates; gives Q2 2015 comparable store sales outlook; reaffirms FY 2015 EPS outlook; raises FY 2015 revenue outlook

Tuesday, 9 Jun 2015 07:00am EDT

Burlington Stores Inc:Expects Q2 2015 net sales to increase in the range of 7 to 8 pct.Expects Q2 2015 Comparable store sales to increase between 3 to 4 pct.Expects Q2 2015 Adjusted Net Income per dilutive share in the range of $0.10 to $0.13.Continues to expect FY 2015 net sales to increase in the range of 6 to 7 pct.Continues to expect FY 2015 comparable store sales to increase between 2 to 3 pct.Continues to expect FY 2015 adjusted Net Income per Share in the range of $2.15 to $2.25 per share.Reported revenue of $4.427 bln in FY 2014.Q2 2015 revenue of $1.122 billion and EPS of $0.13 - Thomson Reuters I/B/E/S.

Target Corp's Target India trims headcount as parent looks to stay competitive - Business Standard Online

Wednesday, 3 Jun 2015 08:00pm EDT

Target Corp:Say trimming headcount in India as a part of undergoing a corporate restructuring to keep pace with the business growth- Business Standard Online.Say laying off around 180 employees in India and eliminating around 125 vacant positions as a part of this initiative.

Big Lots recalls hanging chairs due to fall hazard - CPSC

Wednesday, 3 Jun 2015 08:00pm EDT

Big Lots Inc:Recalls hanging chairs, which can tip over when they face sideways and swing beyond the base, posing a fall hazard - Consumer Product Safety Commission.This recall involves about 16,000 units of egg-shaped hanging chairs that are made from brown plastic wicker pattern mesh and have red seat cushions. They hang from a chain connected to a black metal pole and U-shaped base.Has received eight reports of the hanging chairs falling in stores with consumers in them, including five reports of minor injuries.

BIM Birlesik Magazalar AS announces share buyback program

Wednesday, 3 Jun 2015 09:03am EDT

BIM Birlesik Magazalar AS:Announces share buyback program.To use maximum 200 million turkish lira fund for share buyback purposes.Says maximum price limit per share is 46 turkish lira.Authorizes CFO Haluk Dortluoglu for the transactions.

Dollar General Corp reaffirms FY 2015 outlook

Tuesday, 2 Jun 2015 07:00am EDT

Dollar General Corp:Expects FY 2015 total sales to increase 8 to 9 pct over FY 2014, with same-store sales to increase 3 to 3.5 pct.Expects FY 2015 Operating profit to increase 7 to 9 pct over FY 2014 adjusted operating profit.Expects FY 2015 Diluted EPS to be about $3.85 to $3.95.Reported revenue of $18.91 bln, EBIT of $1.78 bln in FY 2014.FY 2015 revenue of $20.54 bln, EBIT of $1.98 bln and EPS of $3.94 - Thomson Reuters I/B/E/S.

Big Lots Inc gives Q2 2015 earnings guidance; updates on FY 2015 earnings guidance; Affirms FY 2015 comparable store sales

Friday, 29 May 2015 06:00am EDT

Big Lots Inc:Provides initial Q2 2015 guidance for income from continuing operations of $0.31 to $0.35 per diluted share, compared to income from continuing operations of $0.31 per diluted share for the same period last year.Provides Q2 2015 initial guidance for comparable store sales increase in the range of 2 pct. to 3 pct.Updates guidance for FY 2015 income from continuing operations to be in the range of $2.80 to $2.90 per diluted share.Affirms guidance for FY 2015 comparable store sales in the range of a low single digit increase.

Dream Vision announces change of corporate auditor

Friday, 29 May 2015 02:30am EDT

Dream Vision Co Ltd:Appoints Toho Audit Corporation as new corporate auditor to replace Deloitte Touche Tohmatsu LLC, effective June 29.

Dollar General names Todd J. Vasos as CEO

Thursday, 28 May 2015 09:03am EDT

Dollar General Corp:Says Todd J. Vasos has been appointed as the Chief Executive Officer and a director effective June 3 succeeding Rick Dreiling.Dreiling will remain on the board for the remainder of his term and will serve as senior advisor and chairman of the board through Jan. 29.

Fred's Inc gives Q2 2015 guidance

Thursday, 28 May 2015 07:45am EDT

Fred's Inc:Sees Q2 2015 total sales to increase in the range of 16 pct. to 19 pct.Sees Q2 2015 comparable store sales to increase in the range of 1 pct. to 3 pct. compared with a decrease of 0.1 pct. in the second quarter last year.Sees Q2 2015 earnings per diluted share to be in the range $0.02 to $0.07 compared with operational earnings per share of ($0.19) last year.

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