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Computer & Electronics Retailers

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Best Buy sees adjusted diluted earnings of $4.75 to $5 for fiscal 2021​

Tuesday, 19 Sep 2017 08:30am EDT

Sept 19 (Reuters) - Best Buy Co Inc -:Best Buy investor day details 'best Buy 2020: building the new blue' growth strategy.Best Buy Co Inc - ‍provides long-term financial targets for fiscal 2021​.Best Buy Co Inc sees ‍enterprise revenue of $43 billion for fiscal 2021 versus $39.4 billion in fiscal 2017​.Best Buy Co Inc sees ‍non-gaap diluted eps of $4.75 to $5.00 for fiscal 2021​.Best Buy Co Inc - co ‍recently expanded its in-home advisor program to all major U.S. markets​.

Conn's Inc Q2 earnings per share $0.14

Thursday, 7 Sep 2017 06:00am EDT

Sept 7 (Reuters) - Conn's Inc :Conn's Inc reports second quarter fiscal year 2018 financial results.Q2 earnings per share $0.14.Q2 earnings per share view $-0.02 -- Thomson Reuters I/B/E/S.Q2 adjusted non-GAAP earnings per share $0.26 excluding items.Qtrly ‍total net sales $286.4 million versus $332.0 million.Because of near-term uncertainty Harvey has created, Conn's will not provide specific financial guidance for Q3.Hurricane Harvey caused Conn's to close 23 stores​.Says in total, Conn's lost approximately 100 selling days as a result of storm.Company does not intend to open any additional stores in fiscal year 2018.Over near term, retail sales will be impacted by loss of selling days associated with store closures.Q2 revenue view $371.9 million -- Thomson Reuters I/B/E/S.Decrease in qtrly same store sales of 15.1 percent​.

Conn's Inc closes 23 stores​ ‍as a result of Hurricane Harvey

Friday, 1 Sep 2017 10:15am EDT

Sept 1 (Reuters) - Conn's Inc :As a result of Hurricane Harvey and unprecedented levels of rain and flooding, Conn's has closed 23 stores​.All but two stores are now open for business​.‍As a result of Hurricane Harvey closed distribution, service centers in Beaumont and Houston, as well as its Beaumont corporate office.The company also reopened its Beaumont corporate office, and distribution and service centers​.Conn's has currently lost approximately 100 store-days between August 25, 2017 and September 1, 2017.

GameStop Corp reports qtrly earnings per share of $0.22

Thursday, 24 Aug 2017 04:05pm EDT

Aug 24 (Reuters) - GameStop Corp ::GameStop reports second quarter 2017 results.Q2 adjusted earnings per share $0.15.Q2 earnings per share $0.22.Q2 earnings per share view $0.16 -- Thomson Reuters I/B/E/S.Reaffirms FY 2017 earnings per share view $3.10 to $3.40.Collectibles business is on track to meet 2017 revenue target of $650 million to $700 million​.Q2 sales $1.69 billion versus I/B/E/S view $1.64 billion.Is reiterating its full-year diluted earnings per share guidance of $3.10 to $3.40​.Qtrly consolidated comparable store sales growth of 1.9 pct.Now expect full-year comparable store sales to be at high end of previously stated guidance range of down 5.0 pct to 0.0 pct​.‍"Q2 sales results were driven by continued strong demand for Nintendo Switch and collectibles"​.Looking at H2 2017, Nintendo Switch, launch of Microsoft's Xbox One X, slate of AAA titles should drive growth in video game category​.Collectibles business is on track to meet its 2017 revenue target of $650 million to $700 million​.

Big Camera Corporation to transfer printing business to new unit

Monday, 31 Jul 2017 09:28pm EDT

Aug 1 (Reuters) - Big Camera Corporation Pcl :To restructure business by way of transferring printing business to new subsidiary.

Russia's M.Video Q2 sales up 5.1 pct yr/yr

Tuesday, 18 Jul 2017 06:00am EDT

July 18 (Reuters) - M.Video , Russia's largest consumer electronics retailer by revenue, says: :Second-quarter sales up 5.1 percent year on year to 46.2 billion roubles ($782 million);.Second-quarter like-for-like sales up 1.7 percent year on year..M.Video network increased by 2 stores in the first half of 2017, selling space amounts to 666,000 square meters;.Forecasts growth of sales of consumer electronics in Russia in 2017 by 1-2 percent..

Groupe LDLC FY EBITDA rises to 17.9 million euros

Thursday, 8 Jun 2017 12:00pm EDT

June 8 (Reuters) - GROUPE LDLC SA ::FY REVENUE EUR 479.9 MILLION VERSUS EUR 320.7 MILLION YEAR AGO.FY NET INCOME EUR 8.1 MILLION VERSUS EUR 7.9 MILLION YEAR AGO.FY EBITDA EUR 17.9 MILLION VERSUS EUR 15.0 MILLION YEAR AGO.REAFFIRMS ITS GOALS OF HITTING EUR 1 BILLION EURO REVENUE MARK, WITH EBITDA MARGIN BETWEEN 5.5 PCT AND 6 PCT, AND HAVING 100 STORES UP AND RUNNING BY 2021.DECIDED TO BRANCH OUT INTO SPAIN THROUGH LAUNCH OF SPANISH VERSION OF LDLC.COM AND PILOT STORE IN BARCELONA BY END OF H2 2017/2018.AGM ON SEPT 29, 2017 WILL BE ASKED TO APPROVE PROPOSAL THAT NO DIVIDEND BE PAID FOR THE FINANCIAL YEAR ENDED.

Nojima says business transfer between two wholly owned units

Tuesday, 9 May 2017 02:53am EDT

May 9(Reuters) - Nojima Corp <<7419.T>>:Says its wholly owned unit GEOBIT MOBILE CORPORATION will take over mobile sales business of softbank and Ymobile from ITX Corporation,another wholly owned unit of the co, on July 1.

Aaron's Inc Q1 earnings per share $0.74

Friday, 28 Apr 2017 07:00am EDT

April 28 (Reuters) - Aaron's Inc :Aaron's Inc reports first quarter 2017 results.Q1 earnings per share view $0.66, revenue view $834.2 million -- Thomson Reuters I/B/E/S.Q1 earnings per share $0.74.Q1 revenue $844.6 million versus $854.4 million.Q1 non-GAAP earnings per share $0.80.Same store revenues (revenues earned in company-operated stores open for entirety of both quarters) decreased 9.3% during Q1 of 2017.Identified approximately 70 additional stores to be closed in Q2 of 2017.Says outlook company issued on February 17, 2017 remains unchanged.Continues to expect it will incur aggregate pre-tax charge of about $13 million in 2017 with respect to stores identified for closure.FY2017 earnings per share view $2.30, revenue view $3.20 billion -- Thomson Reuters I/B/E/S.

Laox announces merger of wholly owned units

Friday, 28 Apr 2017 03:12am EDT

April 28 (Reuters) - Laox Co Ltd <8202.T>: :* Announces the merger of its wholly owned units, MODE ET JACOMO CO LTD and another Tokyo based unit, which is engaged in the shoe manufacturing, processing and sales.* Says MODE ET JACOMO will be the surviving company, and the other Tokyo-based unit will be dissolved .* Effective date July 1.

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