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Discount Stores

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TJX Cos says expects Q4 consol sales $9.3 bln-$9.4 bln - conf call

Tuesday, 15 Nov 2016 12:22pm EST

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.newsroom@thomsonreuters.com;)).

B&M European first half core earnings up 14.6 pct

Tuesday, 15 Nov 2016 02:33am EST

B&M European Value Retail : Interim results for the 26 weeks to 24 September 2016 . Group revenues increased by 18.9% to £1,105.9m, +17.7% at constant currency . 20 net new UK store openings, including 500th store opened in April, on track to open at least 50 new stores this financial year . German business, Jawoll, opened 10 net new stores in the period, on track to open 19 new stores this financial year . UK like-for-like revenues +0.2% if including planned impact of nearby openings but +1.9% on an underlying basis . 20 net new uk store openings, including 500 th store opened in april . UK like-for-like revenues¹ +0.2% if including planned impact of nearby openings . Group adjusted EBITDA increased by 14.6% to £99.2m (FY16: £86.6m) . Group adjusted profit before tax increased by +17.2% to £77.9m (FY16: £66.4m) . Interim dividend increased by 18.8% to 1.9p per share (FY16: 1.6p per share) .We are confident of meeting expectations during remainder of this year.

Massmart 44-weeks sales rise 7.6 pct to 73.2 bln rand

Tuesday, 8 Nov 2016 12:05am EST

Massmart Holdings Ltd : Jse: Msm - Sales Update For The 44 Weeks To 30 October 2016 . Total sales for 44 weeks to 30 October 2016 increased to r73.2 billion, representing growth of 7.6 pct over prior year 44-week period . Comparable stores' sales increased by 5.3 pct. Product inflation is estimated at 6.4 pct . Sales growths have declined, reflective of tough trading conditions in South Africa and, more recently, in most african countries where we have stores . Although slowing marginally food and liquor sales continued to perform well and massbuild is showing signs of a sales recovery. .General merchandise sales remain compromised by low consumer confidence, drought-affected food inflation and higher-priced imported products.

Pricesmart October same store sales fell 0.1 percent

Monday, 7 Nov 2016 08:00am EST

Pricesmart Inc : October same store sales fell 0.1 percent . October sales rose 3.6 percent to $241.9 million .Pricesmart announces october sales.

Big C Supercenter posts qtrly net income 1.54 bln baht, up 14.6 pct

Thursday, 27 Oct 2016 08:20am EDT

Big C Supercenter Pcl : Net income to equity holders of the company grew by 14.6% reaching baht 1.54 billion for the quarter . Total revenues for the quarter reached 25.89 billion baht, down 18.3 percent . "Thai economy continued improving during the third quarter, albeit with slightly slower pace" .Qtrly operating profit of 2.01 billion baht an increase of baht 226 million or 12.7% from the same period last year.

Costco Wholesale's director reports open market sale of 20,114 shares of co

Tuesday, 11 Oct 2016 10:07am EDT

Costco Wholesale Corp :Costco wholesale - Director James D Sinegal reports an open market sale of 20,114 shares of co for $149.02 per share was made on oct 7 - SEC Filing.

PriceSmart says September sales rise 5.5 pct to $228.4 mln

Friday, 7 Oct 2016 08:00am EDT

Pricesmart Inc : For four weeks ended October 2, 2016, comparable warehouse sales for 37 warehouse clubs open at least 13 1/2 full months increased 0.5 percent .September sales rose 5.5 percent to $228.4 million.

Target Corp entered into 5 year credit agreement for $2.5 Bln with certain lenders

Wednesday, 5 Oct 2016 11:27am EDT

Target corp : Target corp says entered into a five-year credit agreement with certain lenders - sec filing . Five-Year credit agreement for a $2.50 billion unsecured revolving credit facility . Sec filing . Entered into five-year credit agreement for a $2.50 billion . Target Corp Says Target May Increase Credit Facility Commitments Up To An Additional $500 Mln, Subject To Satisfaction Of Certain Conditions . Credit agreement will expire in october 2021, unless extended for up to two additional years under terms of credit agreement Source - http://bit.ly/2dEJynQ Further company coverage: [TGT.N] ((Bangalore.newsroom@thomsonreuters.com;)).

Isetan Mitsukoshi to establish mail-order food sales JV with Oisix- Nikkei

Tuesday, 27 Sep 2016 05:35pm EDT

Nikkei- : Isetan Mitsukoshi will establish mail-order food sales joint venture with Oisix; Isetan Mitsukoshi to take 51% stake, Oisix holding 49%- Nikkei .Supermarket Unit Isetan Mitsukoshi Food Service's Mail Order food sales department will be spun off to create the venture- Nikkei.

DIA opens 14 stores in summer months in Spain

Friday, 16 Sep 2016 02:00am EDT

Distribuidora Internacional de Alimentacion SA : Opens 14 stores in June, July and August in Spain Further company coverage: [DIDA.MC] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).


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