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GameStop Reports Third Quarter Fiscal 2018 Results

Thursday, 29 Nov 2018 04:06pm EST

Nov 29 (Reuters) - GameStop Corp ::GAMESTOP REPORTS THIRD QUARTER FISCAL 2018 RESULTS AND UPDATES FISCAL 2018 GUIDANCE.Q3 ADJUSTED EARNINGS PER SHARE $0.67.Q3 GAAP LOSS PER SHARE $4.78.Q3 EARNINGS PER SHARE ESTIMATE $0.57 -- REFINITIV IBES DATA.CONFIRMED THAT IT CONTINUES TO ENGAGE WITH THIRD PARTIES REGARDING A POSSIBLE TRANSACTION.QTRLY TOTAL GLOBAL SALES INCREASED 4.8% (INCREASED 6.3% IN CONSTANT CURRENCY) TO $2.1 BILLION.QTRLY CONSOLIDATED COMPARABLE STORE SALES INCREASE OF 2.1%.UPDATING ITS PREVIOUSLY ISSUED ANNUAL GUIDANCE FOR FISCAL 2018 BASED ON CURRENT SALES AND MARGINS TRENDS.GAMESTOP - ONGOING REVIEW PROCESS INCLUDES A THOROUGH EVALUATION OF A "FULL RANGE OF ALTERNATIVES ".SEES 2018 ADJUSTED (NON-GAAP) EARNINGS PER SHARE $2.55 TO $2.75.SEES 2018 TOTAL SALES DOWN 2.0% TO DOWN 6.0%.SEES 2018 CAPITAL EXPENDITURES $100.0 MILLION TO $110.0 MILLION.SEES 2018 COMPARABLE STORE SALES (EXCLUDES TECH BRANDS STORES) FLAT TO DOWN 5%.Q3 REVENUE VIEW $2.03 BILLION -- REFINITIV IBES DATA.

Conn's Inc provides business update post Hurricane Harvey and third quarter guidance

Monday, 23 Oct 2017 05:24pm EDT

Oct 24 (Reuters) - Conn's Inc :Conn's Inc provides business update post Hurricane Harvey and third quarter guidance.Conn's Inc - ‍same store sales during Aug, Sept affected by approximately 100 lost selling days and reduced traffic associated with Hurricane Harvey​.Conn's Inc - ‍finance charges and other revenues for Q3 of fiscal year 2018 are expected to be between $80 million and $83 million​.Conn's Inc - ‍company expects same store sales for Q3 of fiscal year 2018 to be down 5.0 pct to 9.0 pct​.Conn's Inc - ‍for Q3 of fiscal year 2018 company anticipates retail gross margin to be between 39.0 pct and 39.5 pct​.Conn's Inc - ‍SG&A expenses for Q3 of fiscal year 2018 will include approximately $1.5 million of one-time hurricane related costs​.Conn's Inc - ‍provision for bad debts for Q3 of fiscal year 2018 is expected to be between $56.0 million and $61.0 million​.

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