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Adastria to transfer business to subsidiary

Sunday, 24 Dec 2017 09:55pm EST

Dec 25 (Reuters) - Adastria Co Ltd <2685.T> ::Says it plans to transfer two businesses (named as BARNYARDSTORM and Babylon) to co's wholly owned subsidiary ELEMENT RULE Co Ltd, effective on March 1, 2018.

Sagami completes transition to holding company structure

Thursday, 21 Dec 2017 01:29am EST

Dec 21(Reuters) - Sagami Co Ltd <8201.T>:Says it completed transition to holding company structure, effective Dec. 21.

Chico's FAS Inc Q3 earnings per share $0.13

Tuesday, 21 Nov 2017 07:30am EST

Nov 21 (Reuters) - Chico's FAS Inc :Chico's FAS Inc Reports third quarter results.Q3 earnings per share $0.13.Q3 sales $532.3 million versus I/B/E/S view $535.3 million.Q3 earnings per share view $0.13 -- Thomson Reuters I/B/E/S.Q3 results include unfavorable impact of hurricanes Harvey, Irma and Maria of about $5.0 million after-tax, or $0.04 per diluted share​.For Q3, gross margin was $196.7 million, or 37.0% of net sales, compared to $230.3 million, or 38.6% of net sales, in last year's Q3​.At end of Q3 of 2017, inventories totaled $265.0 million compared to $261.3 million at end of Q3 last year​.In Q3, co was impacted by hurricanes, resulting in reduced operating hours or temporary closure of more than 300 stores.For Q4 of 2017, company expects comparable sales to be down high single-digits​.In quarter, impact to income from operations due to lower net sales, impairment charges, other incremental hurricane related expenses about $10 million​.Company anticipates Q4 gross margin rate to be approximately flat to up slightly compared to last year​.Qtrly ‍total company comparable sales down 8.2 percent​.

Shenzhen Ideal Jewellery sees FY 2017 net profit to up as much as 50 pct

Thursday, 26 Oct 2017 12:57am EDT

Oct 26 (Reuters) - Shenzhen Ideal Jewellery Co Ltd <002740.SZ> ::Sees FY 2017 net profit to increase by up to 50 percent, or to be as much as 86.7 million yuan.Says FY 2016 net profit was 57.8 million yuan.Says increased sales from finished drilling business as main reason for the forecast.

Annil sees FY 2017 net profit to up 5 pct to 20 pct

Wednesday, 25 Oct 2017 01:34am EDT

Oct 25 (Reuters) - Annil Co Ltd <002875.SZ> ::Sees FY 2017 net profit to increase by 5 percent to 20 percent, or to be 83.1 million yuan to 94.9 million yuan.Says FY 2016 net profit was 79.1 million yuan.Says sales channels adjustment and development of electricity business as main reasons for the forecast.

Ludwig Beck 9-month loss after taxes narrows to 2.5 million euros​

Tuesday, 24 Oct 2017 02:00am EDT

Oct 24 (Reuters) - LUDWIG BECK ::9MTH GROSS SALES IN AMOUNT OF EUR 118.5M (PREVIOUS YEAR: EUR 118.2M)​.‍REAFFIRMS ITS EXPECTATIONS FOR BUSINESS DEVELOPMENT IN 2017​.9MTH GROSS PROFIT WAS RAISED TO EUR 46.8M IN AGGREGATE (PREVIOUS YEAR: EUR 46.0M)​.9-MONTH ‍EARNINGS AFTER TAXES WERE AT EUR -2.5M (PREVIOUS YEAR: EUR -3.6M)​.‍9MTH EBIT OF EUR -1.1M SHOWED A DISTINCT IMPROVEMENT IN COMPARISON TO PREVIOUS YEAR WITH EUR -2.4M​.

Jinfa Labi Maternity & Baby Articles sees FY 2017 net profit to up as much as 20 pct

Thursday, 19 Oct 2017 09:52pm EDT

Oct 20 (Reuters) - Jinfa Labi Maternity & Baby Articles Co Ltd <002762.SZ> ::Sees FY 2017 net profit to increase by up to 20 percent, or to be as much as 87.3 million yuan.Says FY 2016 net profit was 72.8 million yuan.Says steady growth in main business as main reason for the forecast.

Guangdong Wanlima Industry sees Q1 to Q3 of FY 2017 net profit could fall up to 15 pct

Wednesday, 11 Oct 2017 10:04pm EDT

Oct 12(Reuters) - Guangdong Wanlima Industry Co Ltd <300591.SZ>:Sees Q1 to Q3 of FY 2017 net profit could fall up to 15 percent, or to be 23.1 million yuan to 27.2 million yuan .Says Q1 to Q3 of FY 2016 net profit was 27.2 million yuan .Says decreased business income and increased R&D expenses are the main reasons for the forecast.

New Art completes transition to holding company structure

Monday, 2 Oct 2017 07:15am EDT

Oct 2(Reuters) - New Art Co Ltd <7638.T>:Says it completed transition to holding company structure, effective Oct. 1.

Stage Stores announces plan to streamline supply chain

Wednesday, 27 Sep 2017 12:45pm EDT

Sept 27 (Reuters) - Stage Stores Inc : :Stage Stores announces plan to streamline supply chain.Stage Stores Inc - Company will close its distribution center located in South Hill, Virginia by end of fiscal 2017​.Stage Stores Inc - ‍Operations from Virginia distribution center will be transferred to facilities in Texas, Ohio and Nebraska​.

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