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Discount Stores

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Burlington Stores Inc reports Q1 EPS of $0.79

Thursday, 25 May 2017 06:45am EDT

May 25 (Reuters) - Burlington Stores Inc :Announces first quarter 2017 results.Q1 adjusted earnings per share $0.79.Q1 earnings per share $0.73.Q1 sales $1.347 billion versus I/B/E/S view $1.36 billion.Q1 earnings per share view $0.70 -- Thomson Reuters I/B/E/S.Sees Q2 2017 adjusted earnings per share $0.46 to $0.50.Sees FY 2017 adjusted earnings per share $3.86 to $3.96.Sees FY 2017 sales up 7.3 to 8.1 percent.Sees Q2 2017 sales up 6.7 to 7.7 percent.Q2 earnings per share view $0.50, revenue view $1.35 billion -- Thomson Reuters I/B/E/S.FY earnings per share view $3.89, revenue view $6.04 billion -- Thomson Reuters I/B/E/S.Says on a non-GAAP basis qtrly comparable store sales increased 0.5%.Sees comparable store sales to increase in range of 2% -3% for balance of year resulting in a FY comparable store sales increase of 1.6% - 2.4%.Sees Q2 comparable store sales to increase in range of 2% to 3%.

Massmart says for first 21 weeks of 2017 FY comparable sales declined by 1.9 pct

Thursday, 25 May 2017 03:30am EDT

May 25 (Reuters) - Massmart Holdings Ltd :For first 21 weeks of 2017 FY, total sales growth was 0.3% and comparable sales declined by 1.9%, with year-to-date sales inflation of 4.4%.Current levels of political, business and consumer uncertainty make it difficult to provide any useful trading expectations for remainder of 2017.Do not expect SA consumer economy to show any noticeable improvement during this time.

Dollar Tree CEO Bob Sasser's Fiscal Year 2016 total compensation was $10.6 mln

Friday, 5 May 2017 10:36am EDT

May 5 (Reuters) - Dollar Tree Inc :Dollar Tree Inc - CEO Bob Sasser's Fiscal Year 2016 total compensation was $10.6 million versus $9.5 million in Fiscal Year 2015.Dollar Tree Inc says Enterprise Prisident, Gary Philbin's Fiscal Year 2016 total compensation was $9.7 million versus $4.7 million in Fiscal Year 2015 - sec filing.Dollar Tree Inc says President and COO, Family Dollar Stores, Duncan Mac Naughton's Fiscal Year 2016 total compensation was $6.6 million.

BIM to increase share capital of its Morocco-based unit

Friday, 21 Apr 2017 10:03am EDT

April 21 (Reuters) - Bim Birlesik Magazalar As :Share capital of BIM Stores SARL, %100 owned subsidiary in Morocco, will be increased to 1,125,000,000 Moroccan Dirham ($112.07 million) from current capital of 985,000,000 Moroccan Dirham.77,479,000 Moroccan Dirham (around EUR 7 million) of the capital increase will be sourced by converting the loan given to BIM Stores SARL by Bim Birlesik Magazalar.The rest of the increase amounting 62,521,000 Moroccan Dirham (around EUR 6 million) will be paid in cash in two equal installments.

WATTS to dissolve wholly owned China-based unit

Monday, 17 Apr 2017 02:45am EDT

April 17 (Reuters) - WATTS Co Ltd <2735.T> ::* Says it plans to dissolve its wholly owned household articles unit located in Ningbo, China .

Dollarama reports Q4 earnings per share C$1.24

Thursday, 30 Mar 2017 07:00am EDT

Dollarama Inc : Dollarama reports strong results for fourth quarter and full year fiscal 2017 . Q4 earnings per share C$1.24 . Q4 earnings per share view C$1.12 -- Thomson Reuters I/B/E/S . Q4 sales C$854.5 million versus I/B/E/S view C$846.9 million . Dollarama inc qtrly sales increased by 11.5pct to $854.5 million . Dollarama Inc qtrly comparable store sales grew 5.8pct . Dollarama INC sees fiscal 2018 capital expenditures $90.0 to $100.0 millions . Dollarama-Board approved 10 percent increase of quarterly cash dividend for holders of common shares,from $0.10 per common share to $0.11 per common share . Dollarama Inc sees fiscal 2018 net new store openings 60 to 70 . Dollarama Inc sees fiscal 2018 gross margin 37.5pct to 38.5pct . Dollarama Inc - comparable store sales growth for fiscal 2018 in range of 4.0pct to 5.0pct . Dollarama Inc - revised long-term target from 1,400 to 1,700 stores .Q4 revenue view C$839.6 million -- Thomson Reuters I/B/E/S.

Dollar General Q4 earnings per share $1.49

Thursday, 16 Mar 2017 07:00am EDT

Dollar General Corp : Dollar General reports fourth quarter and fiscal 2016 financial results; company provides financial guidance for fiscal 2017 . Q4 earnings per share $1.49 . Q4 same store sales rose 1 percent . Q4 earnings per share view $1.41 -- Thomson Reuters I/B/E/S . Sees FY 2017 sales up 4 to 6 percent . Q4 sales $6.0 billion versus I/B/E/S view $5.97 billion . Sees FY 2017 earnings per share $4.25 to $4.50 including items . Dollar General Corp - net sales increased 13.7 percent to $6.0 billion in 2016 Q4 compared to $5.3 billion in 2015 Q4 . Dollar General Corp - share repurchases for fiscal 2017 are expected to be approximately $450 million. . Dollar General Corp - company plans to open approximately 1,000 new stores and relocate or remodel 900 stores in fiscal 2017 . Dollar General Corp - capital expenditures for fiscal 2017 are expected to be in range of $650 to $700 million . Dollar General Corp - board of directors approved an increase of four percent in its quarterly cash dividend . Dollar General Corp - capital expenditures for fiscal 2017 are expected to be in range of $650 to $700 million . Dollar General Corp - provides fiscal 2017 diluted EPS outlook of $4.25 to $4.50, including about $70 million in planned investments primarily for store manager pay . FY2017 earnings per share view $4.39, revenue view $21.97 billion -- Thomson Reuters I/B/E/S.

Burlington Stores reports Q4 earnings per share $1.77

Thursday, 2 Mar 2017 06:45am EST

Burlington Stores Inc : Announces fourth quarter and fiscal 2016 results . Q4 adjusted earnings per share $1.78 . Q4 same store sales rose 4.6 percent . Q4 earnings per share view $1.69 -- Thomson Reuters I/B/E/S . Sees Q1 2017 adjusted earnings per share $0.67 to $0.70 including items . Sees FY 2017 adjusted earnings per share $3.77 to $3.87 . Q4 earnings per share $1.77 . Sees FY 2017 sales up 7.5 to 8.5 percent . Sees Q1 2017 sales up 5 to 6 percent . Q4 sales $1.686 billion versus I/B/E/S view $1.66 billion . Burlington Stores Inc - ended 2016 with reductions in both comparable store and aged inventories . Sees 2017 net capital expenditures of approximately $200 million. . Q1 earnings per share view $0.69, revenue view $1.37 billion -- Thomson Reuters I/B/E/S . Burlington Stores Inc - year-end merchandise inventories were $701.9 million versus. $783.5 million last year . Sees 2017 comparable store sales to increase in range of 2% to 3%, on top of 4.5% increase during fiscal 2016 . Burlington Stores Inc - for Q1 , 2017 sees comparable store sales to increase in range of 1% to 2% .Fy2017 earnings per share view $3.16, revenue view $5.54 billion -- Thomson Reuters I/B/E/S.

Target Q4 adjusted EPS of $1.45

Tuesday, 28 Feb 2017 06:30am EST

Target Corp : Q4 same store sales fell 1.5 percent . Target corp says Q4 comparable sales decreased 1.5 percent . Target corp says Q4 comparable digital channel sales increased 34 percent . Says Q4 gaap earnings per share (EPS) from continuing operations of $1.46 . Target corp - sees Q1 gaap eps from continuing operations and adjusted eps of $0.80 to $1.00 . Qtrly adjusted eps of $1.45 . Qtrly sales $20,690 million versus $21,626 million . Target Corp - sees full-year 2017 gaap eps from continuing operations and adjusted eps of $3.80 to $4.20 . Q4 earnings per share view $1.51, revenue view $20.70 billion -- Thomson Reuters I/B/E/S . Target Corp says for full-year 2017, target expects a low-single digit decline in comparable sales . Target Corp - target expects a low-to-mid single digit decline in comparable sales in Q1 . Target-Will accelerate investments in network of physical,digital assets and differentiated assortment, including launch of more than 12 new brands . Will also invest in lower gross margins to ensure co is competitively priced every day . Target Corp - will accelerate investments in network of physical and digital assets as well as exclusive and differentiated assortment over next two years . Target-Q4 results reflect impact of rapidly-changing consumer behavior, which drove very "strong" digital growth but unexpected "softness" in stores.

Massmart reports FY diluted HEPS of 587.6 cents

Thursday, 23 Feb 2017 01:12am EST

Massmart Holdings Ltd : Massmart's FY total sales were 91.3 bln rand, an increase of 7.7 pct over prior year . FY comparable stores' sales growth was 5.4 pct . FY headline earnings and headline earnings per share (eps) increased by 15.6 pct and 15.8 pct respectively . Gross final cash dividend of 224.80 cents per share, in respect of year ended December 2016 has been declared . FY headline eps 597.8 cents versus 516.3 cents .FY diluted headline eps 587.6 cents versus 508.8 cents.

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