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Apparel & Accessories Retailers

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Moss Bros says for 15-wk overall trading performance shown improvement

Friday, 19 May 2017 02:00am EDT

May 19 (Reuters) - Moss Bros Group Plc :For 15 week period from 29 January 2017 to 13 May 2017 overall trading performance shown improvement on prior year, in line with market expectations.For 15 week period from 29 Jan 2017 to 13 May 2017 like-for-like retail sales were up 5.5% with new season's ranges performing well.Confident that business will meet market expectations for year.For 15 weeks to May 13, e-commerce sales continued to increase, up 14.7% on last year, with continuing growth in mobile traffic.Mindful that zero real wage growth will impact on consumer confidence.

Ross Stores reports Q1 earnings per share $0.82

Thursday, 18 May 2017 04:01pm EDT

May 18 (Reuters) - Ross Stores Inc :Ross Stores reports first quarter earnings.Q1 earnings per share $0.82.Q1 sales $3.3 billion versus I/B/E/S view $3.27 billion.Q1 same store sales rose 3 percent.Q1 earnings per share view $0.80 -- Thomson Reuters I/B/E/S.Sees FY 2018 earnings per share $3.07 to $3.17.Says Q2 ending July 29, 2017, we are forecasting same store sales to be up 1% to 2%.Sees Q2 earnings per share of $0.73 to $0.76.Q2 earnings per share view $0.78 -- Thomson Reuters I/B/E/S.FY2018 earnings per share view $3.15 -- Thomson Reuters I/B/E/S.

The Children's Place posts Q1 adj. earnings $1.95/shr

Thursday, 18 May 2017 07:00am EDT

May 18 (Reuters) - Childrens Place Inc :The Children's Place reports first quarter results.Sees Q2 2017 adjusted earnings per share $0.70 to $0.75.Q1 adjusted earnings per share $1.95.Q1 earnings per share $1.97.Q1 sales $436.7 million versus I/B/E/S view $422.5 million.Q1 earnings per share view $1.64 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $7.10 to $7.20.Childrens place inc - Q1 comparable retail sales increased 6.1 pct.Childrens Place Inc - in accordance with fleet optimization initiative, company closed 7 stores and opened 1 store during Q1 of 2017.Childrens Place - expects adjusted net income per diluted share in Q2 of 2017 will be between $0.70 and $0.75.Childrens Place Inc - guidance assumes a low single digit increase in comparable retail sales in Q2.

Stage Stores reports Q1 loss per share of $0.70

Thursday, 18 May 2017 06:00am EDT

May 18 (Reuters) - Stage Stores Inc :Sees FY 2017 adjusted loss per share $0.95 to $1.55.Stage Stores reports first quarter results and declares quarterly cash dividend.Q1 adjusted loss per share $0.55.Q1 loss per share $0.70.Q1 sales fell 7.3 percent to $308.6 million.Q1 same store sales fell 9.6 percent.Sees FY 2017 sales $1.565 billion to $1.62 billion.Capital expenditures in 2017, net of construction allowances from landlords, are expected to be $40 million, compared to $67 million in 2016.

Ascena Retail Group sees Q3 FY17 comparable sales down 8%

Wednesday, 17 May 2017 04:08pm EDT

May 17 (Reuters) - Ascena Retail Group Inc :Ascena Retail Group provides fiscal Q3 and full year 2017 guidance update; identifies significant upside to “change for growth” cost savings target; announces expected non-cash goodwill and intangible asset impairment.Ascena Retail Group Inc sees Q3 FY17 comparable sales down 8%.Ascena Retail Group Inc sees Q3 FY17 non-GAAP EPS $0.04 - $0.06.Ascena Retail Group Inc sees full year 2017 non-GAAP EPS $0.10 - $0.15.Ascena Retail Group Inc sees full year comparable sales down 7% - down 6%.Q3 earnings per share view $0.09 -- Thomson Reuters I/B/E/S.Says "have adjusted our second-half outlook to reflect this environment and limited near term visibility".Ascena Retail Group Inc - co's initiatives are now expected to deliver $250 to $300 million in cost savings as compared to our prior $150 million target.Says "no longer believe it appropriate to expect a stabilization of traffic".Ascena Retail Group Inc - expects to record a material non-cash impairment charge of its goodwill and intangible assets during Q3.Says "believe operating conditions in our sector are likely to remain challenging for next 12 to 24 months".Says now expected to deliver $250 to $300 million in cost savings as compared to our prior $150 million target.

American Eagle Outfitters reports Q1 EPS of $0.14

Wednesday, 17 May 2017 08:00am EDT

May 17 (Reuters) - American Eagle Outfitters Inc ::American Eagle Outfitters reports first quarter results, comp sales increased 2 pct, six million shares repurchased.Q1 revenue $762 million versus I/B/E/S view $741.7 million.Q1 same store sales rose 2 percent.Sees Q2 2017 earnings per share about $0.15 to $0.17.Q1 adjusted earnings per share $0.16.Q1 earnings per share $0.14.Qtrly consolidated comparable sales were up 2 pct, following a 6 pct increase last year.Q1 earnings per share view $0.17 -- Thomson Reuters I/B/E/S.Qtrly total ending inventories at cost increased 9% to $364 million.Continue to expect fiscal year 2017 capital expenditures in range of $160 million to $170 million.In fiscal 2017, co plans to open a total of 35 American Eagle Outfitters and Aerie stores throughout U.S., Canada and Mexico.Expects comparable store sales in range of flat to a low single digit decline for Q2.Q2 earnings per share view $0.23 -- Thomson Reuters I/B/E/S.Internationally, company plans to open 45 licensed stores and close 2 licensed locations in 2017.In 2017, plans to close between 25 and 40 store locations.

Urban Outfitters reports Q1 earnings per share $0.10

Tuesday, 16 May 2017 04:05pm EDT

May 16 (Reuters) - Urban Outfitters Inc :Urban Outfitters reports Q1 results.Q1 earnings per share $0.10.Q1 sales $761 million versus I/B/E/S view $768.6 million.Q1 earnings per share view $0.16 -- Thomson Reuters I/B/E/S.Urban Outfitters Inc - As of April 30, 2017, total inventory was $359 million, which is flat on a year-over-year basis.Qtrly comparable retail segment net sales, which include comparable direct-to-consumer channel, decreased 3.1%.Urban Outfitters - Comparable retail segment inventory decreased 3.3% at cost, which was offset by inventory to stock non-comparable stores in the quarter.Qtrly by brand, comparable retail segment net sales increased 1.5% at free people, but decreased 3.1% at Urban Outfitters.Urban Outfitters Inc - During Q1 continued to see strong double-digit growth from direct-to-consumer channel and wholesale business.Urban Outfitters - Decline in gross profit rate in Q1 due to higher markdowns due to under-performing women's apparel and accessories product among others.

ASOS says fire at distribution centre damages stock worth 6.25 mln stg

Tuesday, 16 May 2017 06:10am EDT

May 16 (Reuters) - ASOS Plc ::At 3.00am on Tuesday May 16 2017, a fire broke out in our new Eurohub 2 distribution centre based outside of Berlin.Initial estimate of 25 or c.6.25 mln stg could be compromised by fire and water damage.None of technology, automation or structure of building has been affected by fire.Anticipated that other three chambers of site will be operational again later today.Fully insured for loss of stock and any subsequent business interruption.

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