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B&M European Value Retail Says ‍Group Sales Revenue Grew 22.7% In Quarter

Friday, 12 Jan 2018 02:00am EST

Jan 12 (Reuters) - B&M European Value Retail Sa ::‍GROUP SALES REVENUE GROWTH IN QUARTER OF 22.7 % AT CONSTANT CURRENCY FOR Q3 OF ITS CURRENT FINANCIAL YEAR​.‍CONFIDENT THAT GROUP WILL MEET MARKET EXPECTATIONS FOR EBITDA FOR CURRENT FINANCIAL YEAR​.UK SALES REVENUE FOR B&M STORE ESTATE IN 13 WEEK PERIOD INCREASED ROSE 12.9% TO £837.3M, LFL SALES UP BY +3.9% IN QUARTER​.

Carrefour Announces Strategic Partnership With Showroomprivé

Thursday, 11 Jan 2018 12:25pm EST

Jan 11 (Reuters) - Showroomprive ::CARREFOUR ANNOUNCES A STRATEGIC PARTNERSHIP WITH SHOWROOMPRIVÉ AND ACQUIRES A C.17% STAKE IN THE COMPANY.‍CARREFOUR WILL ACQUIRE C. 17% OF SHARE CAPITAL OF SHOWROOMPRIVÉ FROM CONFORAMA, A SUBSIDIARY OF STEINHOFF GROUP​.CARREFOUR'S EQUITY INVESTMENT IN SHOWROOMPRIVÉ WILL BE OFF-MARKET ACQUISITION OF BLOCK OF SHARES OWNED BY CONFORAMA.‍CARREFOUR'S EQUITY INVESTMENT IN SHOWROOMPRIVÉ WILL BE AT PRICE OF 13.5 EUROS PER SHARE, FOR A TOTAL AMOUNT OF C. 79 MILLION EUROS​.‍ADDITIONAL PAYMENT TO BE MADE BY CARREFOUR TO CONFORAMA, IF CARREFOUR LAUNCHES TAKEOVER BID FOR CO WITHIN 18 MONTHS OF TRANSACTION​ COMPLETION.

Target Expects Q4 Comparable Sales Growth In A Range Around 3.4 Pct

Tuesday, 9 Jan 2018 06:59am EST

Jan 9 (Reuters) - Target Corp ::- NOW EXPECTS Q4 COMPARABLE SALES GROWTH IN A RANGE AROUND 3.4 PERCENT.- CURRENTLY PLANNING FOR A LOW SINGLE-DIGIT INCREASE IN ITS 2018 COMPARABLE SALES.- ‍NOW EXPECTS 2017 WILL BE FOURTH CONSECUTIVE YEAR IN WHICH ITS DIGITAL SALES GROW MORE THAN 25 PERCENT​.- RAISED ITS Q4 AND FULL-YEAR 2017 EPS GUIDANCE, BASED ON BENEFIT OF STRONGER-THAN-EXPECTED SALES AND RECENTLY-ENACTED FEDERAL TAX REFORM.- COMPARABLE SALES GROWTH OF 3.4 PERCENT IN NOVEMBER/DECEMBER PERIOD.- STORES FULFILLED 70 PERCENT OF TARGET'S DIGITAL VOLUME IN NOVEMBER/DECEMBER.TARGET RAISES Q4 GUIDANCE ON STRONGER-THAN-EXPECTED HOLIDAY SALES.- ‍IS CURRENTLY PLANNING FOR A LOW SINGLE-DIGIT INCREASE IN ITS 2018 COMPARABLE SALES AND YEAR-OVER-YEAR STABILITY IN EPS​.- FOR Q4 2017, CO EXPECTS ADJUSTED EPS OF $1.30 TO $1.40.- ‍ EXPECTS 2018 GAAP EPS FROM CONTINUING OPERATIONS AND ADJUSTED EPS OF $5.15 TO $5.45​.- TOTAL SALES ARE EXPECTED TO GROW MORE THAN 9 PERCENT IN Q4​.- ALSO REMAIN FOCUSED ON RAPIDLY SCALING UP NEW FULFILLMENT OPTIONS INCLUDING SAME DAY DELIVERY.- COMBINED WITH IMPACT OF A 53RD WEEK IN 2017, TARGET'S TOTAL SALES ARE EXPECTED TO GROW MORE THAN 9 PERCENT IN Q4.TARGET - ‍ Q4 ADJUSTED EPS EXPECTATION REFLECTS A 6 TO 8 CENT BENEFIT FROM A LOWER STRUCTURAL TAX RATE IN JANUARY FROM FEDERAL TAX REFORM LEGISLATION​.Q4 EARNINGS PER SHARE VIEW $1.22 -- THOMSON REUTERS I/B/E/S.

Tuesday Morning Qtrly Comparable Store Sales Increased 1.6 pct

Monday, 8 Jan 2018 09:00am EST

Jan 8 (Reuters) - Tuesday Morning Corp ::- REAFFIRMS FISCAL 2018 COMP SALES GUIDANCE OF 2% - 5%.ORATION REPORTS SALES RESULTS FOR THE SECOND QUARTER FISCAL 2018.Q2 SAME STORE SALES ROSE 1.6 PERCENT.Q2 SALES ROSE 1.7 PERCENT TO $334 MILLION.- QTRLY COMPARABLE STORE SALES INCREASED 1.6%.

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