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Foschini says FY HEPS up 4.1 pct

Thursday, 25 May 2017 07:30am EDT

May 25 (Reuters) - Foschini Group Ltd :FY group turnover up 11,6% (constant currency +14.3%)to R23.5 billion (TFG africa*: +8,0%).FY headline earnings per share excluding acquisition costs up 4.1% (constant currency +5.7%) to 1099.2 cents.Final dividend of 400 cents per share, total dividend of 720 cents per share - a 4.2% increase.Net bad debt reduces by 5.4%.Gross margin for year remained broadly consistent in all merchandise categories..Political and economic uncertainty continues to cloud outlook for domestic as well as global economy.

Christopher & Banks Corporation's Q1 sales $88.6 million

Thursday, 25 May 2017 06:30am EDT

May 25 (Reuters) - Christopher & Banks Corp :Christopher & Banks Corporation reports first quarter fiscal 2017 financial results.Q1 sales $88.6 million.Q1 loss per share $0.10.Qtrly comparable sales decreased 8.9% following a 6.2% increase in same period last year.Cash, cash-equivalents and investments totaled $28.3 million as of April 29, 2017.Gross margin rate in quarter decreased 320 basis points to 34.5%, as compared to last year's Q1.

Jinfa Labi Maternity & Baby Articles unit to buy 20 pct stake in Shanghai-based dairy industry co

Thursday, 25 May 2017 03:36am EDT

May 25(Reuters) - Jinfa Labi Maternity & Baby Articles Co Ltd <002762.SZ> ::* Says its unit will invest 50 million yuan to hold 20 percent stake in a Shanghai-based dairy industry co.

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