Dollarama Inc : Sees FY 2017 gross margin 38.0% to 39.0% , fiscal 2018 gross margin 37.0% to 38.0% . Dollarama Inc sees comparable store sales growth in range of 4.5% to 5.5% for fiscal 2017 . Q3 same store sales rose 5.1 percent . Dollarama Inc - "looking at network growth, we are on track to open 60 to 70 net new stores, as planned, by fiscal year end" . Dollarama Inc sees capital expenditures for 2018 $90.0 million to $100.0 million . Dollarama Inc sees for fiscal 2018, EBITDA margin 21.5% to 23.0% . Dollarama reports third quarter results . Q3 sales C$738.7 million versus I/B/E/S view c$738.5 million . Q3 earnings per share C$0.92 .Q3 earnings per share view C$0.86 -- Thomson Reuters I/B/E/S.
U.S. Consumer Product Safety Commission : U.S. Consumer Product Safety Commission - Target reannounces recall of menorahs due to fire hazard .U.S. CPSC - menorahs can melt when candles are burning, posing a fire hazard.
Big Lots Inc : Sees FY 2016 adjusted non-GAAP earnings per share $3.55 to $3.60 from continuing operations . Sees Q4 2016 adjusted non-gaap earnings per share $2.18 to $2.23 from continuing operations . Big Lots Inc - company increases outlook for fiscal 2016 adjusted eps . Big Lots Inc - comparable store sales were flat for q3 of fiscal 2016, compared to our guidance of flat to an increase of 2% . Big Lots Inc - net sales for quarter decreased 1.0% to $1,105 million, a result of a lower store count year-over-year . Big Lots Inc - qtrly reported income from continuing operations of $0.03 per diluted share . Q3 adjusted non-GAAP earnings per share $0.04 from continuing operations excluding items . Big Lots Inc - inventory ended Q3 of fiscal 2016 at $1,036 million, a 1% decrease compared to $1,047 million for q3 of fiscal 2015 . Updates guidance for fiscal 2016 cash flow to $195 million . Affirms guidance for fiscal 2016 comparable store sales increase in range of 1% to 2% . Big lots-now expect to complete process of terminating legacy pension plans during Q4 of fiscal 2016 with cash payouts totaling approximately $15 million . Q3 earnings per share view $-0.01, revenue view $1.12 billion -- Thomson Reuters I/B/E/S . Fy earnings per share view $3.53 -- Thomson Reuters I/B/E/S .Q4 earnings per share view $2.21 -- Thomson Reuters I/B/E/S.
Dollar General Corp : CEO on conf call - Q3 comparable sales hurt by softer customer traffic . CEO - estimate combined headwinds from average unit retail price deflation and reduction in SNAP benefits hurt Q3 same-store sales by 150 -175 basis pts, Q2 by 100-115 basis pts . Proactive pricing actions were implemented selectively across about 17% of store base and on about 450 items . CEO - "while these investments (proactive pricing actions) take time to deliver the full impact, seeing expected improvements in transactions, units and weekly same-store sales across vast majority of stores where we've made these investments." . CEO - "we invested in incremental promotional activity to drive traffic, although results were mixed and did not meet our overall expectations" . CEO - "as we moved through Q3, became apparent that our incremental actions would not be able to overcome the decline in traffic ...requiring greater-than-anticipated markdowns to move through inventory" . CEO - plan about 1,000 new store openings in 2017 . CEO - "clearly, our consumers' budgets are pinched" . CEO - "the cumulative effect of macroeconomic factors such as reduction of snap participation and benefit levels and increased housing and healthcare expenses appear to have taken a noticeable toll on (consumer) spending" . CEO - states which've seen SNAP reductions have seen comps go down by about 100 basis points.
Sanyo Homes Corp <1420.T>: Says it will buy 100 percent stake in real estate unit of Noritsu Koki Co Ltd <7744.T> on Jan. 5, 2017 . Says the acquisition price is not disclosed .Says the co plans to merge the newly acquired real estate unit on March 1, 2017.
Ocado Group Plc :Commenced operations from its Andover CFC, expect volumes will increase over coming months.
Dollar Tree Inc : Dollar Tree Inc reports results for the third quarter fiscal 2016 . Says Q3 operating performance was near top end of Q3 EPS guidance range of $0.76 to $0.82 . Sees FY 2016 earnings per share $3.67 to $3.76 . Q3 earnings per share $0.72 . Sees Q4 2016 sales $5.59 billion to $5.69 billion . Sees FY 2016 sales $20.67 billion to $20.77 billion . Q3 sales $5.0 billion versus I/B/E/S view $5.07 billion . Q3 earnings per share view $0.78 -- Thomson Reuters I/B/E/S . Sees Q4 2016 earnings per share $1.24 to $1.33 . Qtrly same-store sales increased 1.7 pct . Sees low single-digit increases in same-store sales for dollar tree and family dollar segments in Q4 . FY earnings per share view $3.79, revenue view $20.86 billion -- Thomson Reuters I/B/E/S . Q4 earnings per share view $1.29, revenue view $5.62 billion -- Thomson Reuters I/B/E/S .Qtrly operating performance of $0.81 per diluted share.
Burlington Stores Inc : Burlington Stores Inc - for full fiscal year 2016 expects comparable store sales to increase in range of 3.9% to 4.2% . Burlington Stores Inc - for full fiscal year 2016 expects to open 25 net new stores . Burlington Stores Inc - net sales increased 9.1%, or $111.7 million, to $1,342.6 million in Q3 . Burlington Stores Inc announces third quarter and first nine months fiscal 2016 results . Q3 adjusted earnings per share $0.51 . Q3 same store sales rose 3.7 percent . Sees FY 2016 adjusted earnings per share $3.11 to $3.15 . Sees Q4 2016 sales up 6.6 to 7.6 percent . Q3 earnings per share $0.45 . Q3 earnings per share view $0.33 -- Thomson Reuters I/B/E/S .Sees FY 2016 sales up 8.4 to 8.7 percent.
Vipshop Holdings Ltd : Vipshop reports unaudited third quarter 2016 financial results . Sees Q4 2016 revenue RMB 18 billion to RMB 18.5 billion . Q3 net income attributable to Vipshop's shareholders per diluted ADS $0.09 . Q3 non-GAAP net income attributable to Vipshop's shareholders per diluted ADS $0.15 .Q3 revenue RMB 12 billion versus I/B/E/S view RMB 12.25 billion.
Tjx Companies Inc : TJX cos executive - sees Q4 consol sales $9.3 billion-$9.4 billion, guidance assumes 2 percent negative impact to revenue due to translational foreign exchange - conf call . TJX cos executive - continue to anticipate buying back $1.5 bln to $2 bln of TJX stock this year - conf call . TJX cos executive - co's research shows millennial shoppers make up biggest percentage of co's new customers in the U.S. - conf call . TJX cos executive - there clearly could be some pressure for foreign exchange next year, primarily with British pound impact on Europe business - conf call Further company coverage: [TJX.N] ((Bangalore.email@example.com;)).