Edition:
United States

Discount Stores

Page 2

Groupon adds Deborah Wahl to board of directors

Wednesday, 1 Nov 2017 08:32am EDT

Nov 1 (Reuters) - Groupon Inc :Groupon adds Deborah Wahl to board of directors.Groupon Inc - ‍wahl most recently served as senior vice president and chief marketing officer at McDonald's, USA​.Groupon Inc says ‍brad Keywell and Jeff Housenbold will depart board​.

Groupon announces Q3 revenue $634.5 million

Wednesday, 1 Nov 2017 08:30am EDT

Nov 1 (Reuters) - Groupon Inc :Groupon announces third quarter 2017 results.Q3 non-GAAP earnings per share $0.01.Q3 revenue $634.5 million versus I/B/E/S view $643 million.Q3 GAAP earnings per share $0.00 from continuing operations.Q3 earnings per share view $0.00 -- Thomson Reuters I/B/E/S.Groupon Inc - ‍Gross billings were $1.34 billion in Q3 2017, up 1% (flat fx-neutral) from $1.32 billion in Q3 2016​.Groupon Inc - ‍Groupon is raising its expected adjusted EBITDA guidance range to $225 million to $245 million in 2017​.Groupon Inc - ‍Raises 2017 gross profit guidance range to $1.305 billion to $1.355 billion and 2017 adjusted EBITDA guidance range to $225 million to $245 million​.Groupon Inc - ‍In Q3 2017, North America revenue decreased driven by a 30% decline in goods direct revenue transactions​.Groupon - ‍Updating 2017 outlook to reflect foreign exchange rates & expected marketing investments and cost benefits of streamlining initiatives​.

Europris Q3 adj.EBIT down at NOK 96.4 million

Wednesday, 1 Nov 2017 02:07am EDT

Nov 1 (Reuters) - EUROPRIS ASA ::Q3 TOTAL GROUP REVENUE NOK ‍1.28​ BILLION VERSUS NOK 1.22 BILLION YEAR AGO.Q3 ADJUSTED. EBIT NOK ‍​96.4 MILLION VERSUS NOK 110.1 MILLION YEAR AGO.

Burlington Stores sees Q3 2018 adjusted earnings per share $0.64 to $0.66

Monday, 30 Oct 2017 04:15pm EDT

Oct 30 (Reuters) - Burlington Stores Inc :Burlington Stores Inc announces launch of debt repricing and extension transaction and updates guidance for the third quarter ended October 28, 2017.Sees Q3 2018 adjusted earnings per share $0.64 to $0.66.Burlington Stores Inc - for 13 weeks ended October 28, 2017 company now expects total sales to increase approximately 7.1 pct​.Burlington Stores Inc - ‍for 13 weeks ended October 28, 2017 company now expects comparable store sales to increase approximately 3.1 pct​.Burlington Stores Inc - ‍for 13 weeks ended October 28, 2017 company now expects adjusted EPS in range of $0.64 to $0.66​.Burlington Stores Inc - ‍launch of a debt repricing and extension transaction​.Burlington Stores Inc - ‍is seeking commitments from lenders under a new senior secured credit facility for an aggregate principal amount of $1,117 million​.Burlington Stores Inc - co ‍expects new senior credit facility to comprise a single tranche of loans maturing in 2024​.Burlington Stores Inc - ‍net proceeds of new senior credit facility will be used to repay all indebtedness outstanding under existing term loan b facility​.

Japan Asset Marketing to raise 31.94 bln yen via private placement

Friday, 27 Oct 2017 02:45am EDT

Oct 27 (Reuters) - Japan Asset Marketing Co Ltd <8922.T>:Says it plans to issue 261.8 million shares of its common stock to Don Quijote Holdings Co Ltd <<<7532.T>>>, to raise 31.94 billion yen via private placement.Says payment date on Nov. 13.Proceeds will be mainly used to fund acquisition .Says Don Quijote Holdings will raise stake in the co to 64.3 percent from 46.1 percent.

Dream Vision to acquire software for 2.4 mln yen

Friday, 27 Oct 2017 02:43am EDT

Oct 27(Reuters) - Dream Vision Co Ltd <3185.T>:Says it plans to acquire software for 2.4 million yen .Says acquisition will be in the end of December .

Microsoft says Costco recently chose Azure as its hybrid cloud platform - Conf Call

Thursday, 26 Oct 2017 06:00pm EDT

Oct 26 (Reuters) - Microsoft Corp : :Microsoft CEO says now have 120 million monthly active users of Office 365 Commercial, have more than 530 million LinkedIn members - Conf Call.Microsoft CEO says Costco recently chose Azure as its hybrid cloud platform - Conf Call.Microsoft says assuming current rates remain stable, expect FX to increase revenue growth by 1 point for Q2 - Conf Call.Microsoft says "We will increase our capital investment to meet growing demand and capacity needs"- Conf Call.Microsoft says expect approximately $1.2 billion of LinkedIn revenue in Q2 - Conf Call.Microsoft says updating full year tax rate to 22%, plus or minus 2 points - Conf Call.

PriceSmart reports Q4 earnings $0.64/shr

Thursday, 26 Oct 2017 04:00pm EDT

Oct 26 (Reuters) - Pricesmart Inc :PriceSmart announces fourth quarter and fiscal year results of operations.Q4 earnings per share $0.64.Q4 revenue $733.5 million versus I/B/E/S view $734.4 million.Q4 earnings per share view $0.73 -- Thomson Reuters I/B/E/S.

Showroomprive Q3 revenue rises to ‍​134.3 million euros

Tuesday, 24 Oct 2017 11:46am EDT

Oct 24 (Reuters) - SHOWROOMPRIVE ::Q3 REVENUE EUR ‍​134.3 MILLION VERSUS EUR 104.8 MILLION YEAR AGO.HAS REVIEWED ALL OF ITS 2017 OBJECTIVES‍​.NOW EXPECTS ITS REVENUES OBJECTIVE TO BE C.€690 MILLION (GROWTH OF C.+28%)‍​.NOW EXPECTS ITS 2017 EBITDA OBJECTIVE (EXCLUDING SALDI PRIVATI) TO BE C.€25 MILLION (I.E. AN EBITDA MARGIN OF C.4%).‍​.GROUP’S OBJECTIVES FOR 2020 REMAIN UNCHANGED.‍​.

Target opens 12 new stores across U.S., expands plans for remodels and Target Restock

Thursday, 19 Oct 2017 01:30pm EDT

Oct 19 (Reuters) - Target Corp ::Target opens 12 new stores across the country, expands plans for remodels and Target restock.Target Corp - ‍plans to accelerate number of store remodels to more than 1,000 by end of 2020​.Target Corp - ‍plans to expand its Restock program nationwide next year​.Target Corp says is opening 32 new stores in 2017, with plans to open 35 new stores in 2018​.Target Corp - will add new voice-activated shopping features and plans to offer Target REDcard payment as an option for guests in 2018​.Target Corp says ‍by end of 2019, Target plans to operate more than 130 small-format locations nationwide​ in the U.S..

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary