Edition:
United States

Footwear

Page 1

Wolverine World Wide Q2 earnings per share $0.21

Wednesday, 9 Aug 2017 06:30am EDT

Aug 9 (Reuters) - Wolverine World Wide Inc ::Wolverine worldwide reports second-quarter results and raises full-year revenue and earnings guidance.Q2 revenue $598.8 million versus i/b/e/s view $573.3 million.Sees fy 2017 earnings per share $0.82 to $0.92.Q2 adjusted earnings per share $0.43.Q2 earnings per share $0.21.Q2 earnings per share view $0.29 -- Thomson Reuters I/B/E/S.‍inventory at end of quarter was down 24.1% versus prior year​.Sees fy 2017 adjusted earnings per share $1.55 to $1.65.Wolverine world wide inc - ‍company incurred about $5.3 million of operating losses in q2 for stores closed, and these losses will not reoccur next year​.Sees fy revenue $2.32 billion to $2.37 billion.Fy2017 earnings per share view $1.55, revenue view $2.34 billion -- Thomson Reuters I/B/E/S.‍on a constant currency basis, sees fy 2017 adjusted earnings per share in range of $1.62 to $1.72​.

J C Penney CEO -"Have no great optimism we'll be able to swing overall apparel to positive (in 2017)"

Friday, 12 May 2017 10:11am EDT

May 12 (Reuters) - J C Penney Co Inc :On conf call- pleased with Q1 performance in active apparel and dress business, these improvements bode well for the balance of 2017.On conf call- in the process of rolling out 100 new appliance showrooms this month.Focus on pricing analytics, store operations, supply chain, merchandising systems are beginning to help gross margin.Units per transaction and average unit retail were up in Q1.CFO - expect 80 basis points impact to gross margins from store closures in Q2.CFO - expect total inventory to be down atleast 5 percent at end of 2017 from 2016.CEO- will open 70 new Sephora locations in 2017, ending year wth nearly 650 locations.CEO- expanding 24 existing Sephora growing each location by nearly 50% to accommodate more products and client services.CEO- conducting several tests within our home store focus on home services programs.CEO- will offer vastly improved assortment Nike depts in 600 stores, adding women’s Adidas apparel to 400 stores by back to school.CEO- have cut 40 % of supply chain time on private-label brands.CEO- overall apparel performed worse than company's comp sales in Q1, " have no great optimism we'll be able to swing overall apparel to positive (in 2017)".Rolling out single view of inventory for stores and online.

J C Penney CEO -"Have no great optimism we'll be able to swing overall apparel to positive (in 2017)"

Friday, 12 May 2017 10:11am EDT

May 12 (Reuters) - J C Penney Co Inc :On conf call- pleased with Q1 performance in active apparel and dress business, these improvements bode well for the balance of 2017.On conf call- in the process of rolling out 100 new appliance showrooms this month.Focus on pricing analytics, store operations, supply chain, merchandising systems are beginning to help gross margin.Units per transaction and average unit retail were up in Q1.CFO - expect 80 basis points impact to gross margins from store closures in Q2.CFO - expect total inventory to be down atleast 5 percent at end of 2017 from 2016.CEO- will open 70 new Sephora locations in 2017, ending year wth nearly 650 locations.CEO- expanding 24 existing Sephora growing each location by nearly 50% to accommodate more products and client services.CEO- conducting several tests within our home store focus on home services programs.CEO- will offer vastly improved assortment Nike depts in 600 stores, adding women’s Adidas apparel to 400 stores by back to school.CEO- have cut 40 % of supply chain time on private-label brands.CEO- overall apparel performed worse than company's comp sales in Q1, " have no great optimism we'll be able to swing overall apparel to positive (in 2017)".Rolling out single view of inventory for stores and online.

Le Saunda says total sales decline of 17.2 pct in retail business in Q4

Monday, 13 Mar 2017 08:12am EDT

Le Saunda Holdings Ltd <0738.HK>: Q4 of FY 2016/17, group's self-owned retail business recorded a total sales decline of 17.2 pct and a same store sales decline of 15.3 pct . For Q4 of financial year 2016/17, group's e-commerce business recorded a total sales decline of 41.3 pct .Board expects that consolidated profit of group for financial year 2016/17 may decrease by approximately 35 - 40 pct.

Crocs Q4 GAAP loss per share $0.60

Wednesday, 1 Mar 2017 07:00am EST

Crocs Inc : Qtrly revenues were in line with guidance at $187.4 million compared to $208.7 million for same period last year . Crocs Inc - company expects 2017 revenue to be relatively flat compared to prior year . Crocs Inc - company expects gross margin for 2017 to be approximately 50%. . Crocs Inc - company expects 2017 revenue to be relatively flat compared to prior year . Crocs Inc reports fourth quarter and full year 2016 financial results and introduces first quarter and full year 2017 guidance; announces CEO and other executive leadership transitions and SG&A reduction plan . Q4 GAAP loss per share $0.60 . Sees Q1 2017 revenue $255 million to $265 million . Q4 earnings per share view $-0.35 -- Thomson Reuters I/B/E/S . Crocs Inc - company expects gross margin for quarter to be approximately 200 basis points higher than Q1 2016 . Crocs Inc - we anticipate closing approximately 160 retail stores by end of 2018 . FY 2017 revenue view $1.05 billion -- Thomson Reuters I/B/E/S .Q1 revenue view $277.8 million -- Thomson Reuters I/B/E/S.

Wolverine Worldwide announces progress on strategic initiatives

Wednesday, 21 Dec 2016 08:30am EST

Wolverine World Wide Inc : Wolverine Worldwide announces progress on strategic initiatives . "remain on track to deliver against our 2018 adjusted operating margin goal" . Initiatives intended to drive greater operational efficiency, speed and agility are ongoing .Year-End inventory is now expected to be down high teens, compared to previous expectations of a low-teens decline.

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary