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Lewis Group sees HY HEPS down 35-45 pct

Friday, 21 Oct 2016 03:35am EDT

Lewis Group Limited : Trading update and trading statement for the six months ended September 2016 . HY revenue declined by 2 pct mainly as a result of a 4 pct decline in other revenue over corresponding prior period . HY merchandise sales for period were in line with last year, with like for like merchandise sales down 9.2 pct . HY HEPS expected to be between 210 cents per share and 177 cents per share, between 35 pct and 45 pct lower .HY group's gross profit margin improved to 40.5 pct compared to 36.4 pct in previous year.

Sanyei unit recalls product Vitantonio compact fryer

Wednesday, 19 Oct 2016 09:25pm EDT

Sanyei Corp <8119.T>:Says its Tokyo-based wholly owned unit recalled its product Vitantonio compact fryer, due to crack initiation of the containers.

Steinhoff to raise at least 1.89 bln euro via placing

Wednesday, 28 Sep 2016 02:00am EDT

Steinhoff : JSE: SNH - Steinhoff Announces A Capital Increase . Proceeds to be used to replace acquisition related facilities entered on deal to buy mattress firm holding corporation, poundland group plc . Management board resolved to increase its issued and outstanding share capital . 162 million new ordinary shares will be subscribed for by upington investment holdings b.v. . 60 million new ordinary shares will be subscribed for by lancaster 101 proprietary limited . An additional up to 110 million new ordinary shares will be offered to institutional investors via an accelerated bookbuild .Total gross proceeds to steinhoff from above transactions will be at least eur 1,890 million.

Bookrunner says books covered on Steinhoff placing

Wednesday, 28 Sep 2016 02:00am EDT

Bookrunner : Bookrunner says books covered on bookbuild, books will close before the market open (((Bengaluru Newsroom +91 806 749 1136);)).

Bed Bath & Beyond Q2 EPS $1.11

Wednesday, 21 Sep 2016 04:15pm EDT

Bed Bath & Beyond Inc : Bed Bath & Beyond Inc. reports results for fiscal 2016 second quarter . Q2 earnings per share view $1.16 -- Thomson Reuters I/B/E/S . Q2 sales $3.0 billion versus I/B/E/S view $3.05 billion . Sees FY 2016 earnings per share $4.50 to $5.00 . Sets quarterly dividend of $0.125 per share . Qtrly comparable sales decrease of approximately 1.2 pct . FY earnings per share view $4.83 -- Thomson Reuters I/B/E/S .Fiscal 2016 net earnings per diluted share continues to be modeled within range previously described.

Alden global reports 9.5 percent stake in Pier 1 Imports

Monday, 19 Sep 2016 05:00pm EDT

Alden Global Capital Llc: Reports 9.5 pct stake in Pier 1 Imports as of Sept 9, 2016 . Alden Global says purchased shares of Pier 1 Imports based on the belief that the shares, when purchased were undervalued .Engaged with Pier 1's board regarding Pier 1's recent performance, shareholder representation on board, ceo search process.

Kitchen Culture says issuance of convertible notes to a potential investor

Wednesday, 14 Sep 2016 06:30am EDT

Kitchen Culture Holdings Ltd : Potential transaction) . Company is in the midst of considering a potential transaction . Transaction which involves the issuance of convertible notes to a potential investor to raise funds . Currently, no legally binding terms have been reached between the parties at this preliminary stage . Deal for for up to an aggregate sum of US$20 million . Company is still negotiating with the counterparty on the terms of the potential transaction and the definitive agreements .

Steinhoff says 67.4 pct of Matress Firm stock tendered

Wednesday, 14 Sep 2016 02:30am EDT

Steinhoff : A total of 25,104,824 Mattress Firm shares, representing approximately 67.36% of outstanding stock, were validly tendered .In addition, notices of guaranteed delivery were delivered with respect to approximately 3.62% of stock.

Dunelm says full year revenue up 7.1 pct to 880.9 million pounds

Wednesday, 14 Sep 2016 02:00am EDT

Dunelm Group Plc : Final dividend 19.1 penceper share . Total dividend 56.6 penceper share . Preliminary results for 52 weeks to 2 july 2016 . Continued delivery across all three areas of growth strategy: . 23.2 pct growth in home delivery sales (52 week basis), now accounting for 7.0 pct of total revenue (fy15: 6.1pct); . Six new openings in year (including two relocations), increasing footprint to 152 superstores; nine new stores contractually committed. . Progress on eight key initiatives to support growth strategy and to build a world class operating model in a low cost environment: . Reduction in stock holding by £16.5m (12.4pct) through improved retail disciplines . Strong free cashflow, up 26.9pct to £110.4m . Special distribution during period of 31.5p per share (£63.8m) . Recommended final dividend of 19.1p per share (fy15: 16.0p), increasing full year dividend to 25.1p (fy15: 21.5p), an increase of 16.7pct for full year . On a consistent 52-week basis, we grew our total sales by 7.1pct . 1pct growth in our like-for-like store sales . Fy total revenues of £880.9m versus £835.8m . Fy operating profit at £129.3m versus £122.5m . Fy profit before tax at £128.9m versus £122.6m .Fy like-for-like growth of +2.5pct.


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