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Home Improvement Products & Services Retailers

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Encho to merge with Shizuoka-based unit BROS

Monday, 28 Aug 2017 03:14am EDT

Aug 28 (Reuters) - Encho Co Ltd <8208.T>:Says it plans to merge with Shizuoka-based unit BROS Co.,Ltd. on Oct. 1, which is engaged in operation of SWEN and casa .Says the unit will be dissolved after merger.

Lowe's Companies Q2 adjusted earnings per share $1.57

Wednesday, 23 Aug 2017 06:00am EDT

Aug 23 (Reuters) - Lowe's Companies Inc :Lowe's reports second quarter sales and earnings results.Q2 adjusted earnings per share $1.57.Q2 earnings per share $1.68.Q2 sales $19.5 billion versus I/B/E/S view $19.53 billion.Q2 same store sales rose 4.5 percent.Q2 earnings per share view $1.61 -- Thomson Reuters I/B/E/S.Comparable sales are expected to increase approximately 3.5 percent for fiscal year 2017.Diluted earnings per share of $4.20 to $4.30 are expected for fiscal year ending February 2, 2018​.Total sales are expected to increase approximately 5 percent​ for ‍FY 2017.Company expects to add approximately 25 home improvement and hardware stores for fiscal year 2017.FY2017 earnings per share view $3.90, revenue view $64.60 billion -- Thomson Reuters I/B/E/S.Says "‍results were below our expectations in first half of this year​".Reports 7.9% comparable sales increase for month of July.Q2 results included a $96 million gain from sale of company's interest in its Australian joint venture​.

Swedol announces a merger plan

Tuesday, 15 Aug 2017 08:00am EDT

Aug 15 (Reuters) - SWEDOL AB :SWEDOL SIMPLIFIES LEGAL STRUCTURE OF THE GROUP.MERGER PLAN INVOLVES SWEDOL AB (PUBL) TAKING OVER ALL ASSETS AND LIABILITIES IN SUBSIDIARIES BJÖRNKLÄDER INTRESSENTER AB, GROLLS AB AND FALBYGDENS SKYDDSPRODUKTER AB.

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