Same-Store Sales

BRIEF-Metro reports Q4 earnings C$0.66/shr

Nov 22 (Reuters) - Metro Inc MRU.TO<p>* Metro reports 2017 fourth quarter results<p>* Q4 earnings per share C$0.66<p>* Q4 sales C$3.228 billion versus I/B/E/S …

Markets

Famous Footwear Parent Says It Lost $35 Million in Revenues Due to Hurricanes

Caleres Inc. shares are tumbling in after-hours trading — they were down more than 10 percent to $27.81 as of 4:45 p.m. ET — after the firm announced …

Fashion Industry

Signet's 30% Plunge On Q3 Results Creates A Buying Opportunity

Signet reported disappointing Q3 2018 results today of a $0.20 loss per share that sent the shares down around 30%.<p>The third quarter historically …

Stocks

J.Crew is closing 50 stores as sales tumble

• <b>J. Crew is closing 50 stores</b>• <b><br>The company said same-store sales fell 12% in the most recent quarter</b><p>J.Crew said Tuesday that it's planning to close 50 stores as sales plummet.<p>Same-store sales at the company's namesake brand fell 12% in the most recent quarter, continuing a long streak of declines.<p>Last …

J.Crew

Signet plunges 27% after earnings, cut in guidance

CEO Virginia Drosos takes note of a "challenging" Q3, with the hurricanes and unexpected disruptions during the credit services transition adding to …

Business

Signet Jewelers craters 25% after issuing a warning for 2018

• <b>Shares of Signet Jewelers are down more than 25% after the company reported a big loss and warned on 2018.</b>• <b><br>Same-store sales fell 5%, worse than the 2.9% drop that Wall Street was anticipating.</b><p>Shares of Signet Jewelers are crashing, down 25.24% at $56.70, early Wednesday after the company announced a …

Business

McDonald's Q3 Earnings Make The Stock A Buy

McDonald's 3rd quarter earnings showed the company was executing in all markets.<p>Same store sales increased 6% around the globe.<p>Average guests counts …

Stocks

OPINION: The bogeyman that keeps grocers up at night

Loblaw is the latest grocer to commit to offering home delivery. Starting in December, the No. 1 food retailer in Canada is looking at deploying this …

Canadian News

Same-store sales scorecard

Blog: Why fast food and Domino’s were big winners in a tough third quarter

Restaurants

Foot Locker: Wall Street’s Got a Foot in Its Mouth

Perhaps there’s hope in sneaker retail after all.<p>Foot Locker shares soared in Friday trading, after the company announced better than expected …

Foot Locker

Riding the wave: Surfer style boosts Abercrombie

Strong demand for surfwear brand Hollister helped Abercrombie & Fitch’s shares rally ahead of the bell.<p>The once high-flying teen fashion retailer, …

Markets

Abercrombie same-store sales blow past estimates, stock soars 20%

• <b>Abercrombie beat analyst estimates on both the top and bottom lines.</b>• <b><br>Same-store sales came in at up 4%, easily beating the 0.3% gain that was expected.</b>• <b><br>Shares are up about 20% after the results.</b><p>(Reuters) - Abercrombie & Fitch Co's topped estimates with third-quarter same-store sales on Friday and …

Markets

Set for Sale: The Gap Is All About Old Navy

Apparently it is possible for clothing retailers to grow sales and profits. <b>The Gap</b> (GPS) is proof of that, raising its full-year forecasts after …

Trends

Q3 2017 U.S. Retail And Restaurant Earnings Dashboard

<i>By Jharonne Martis</i><p><b>3Q 2017 Thomson Reuters Retail and Restaurant Aggregate Estimates and Revisions</b><p>Third-quarter earnings are expected to increase <b>6.7</b>% …

Markets

Gap shares jump as much as 9% after same-store sales top estimates

Markets

Rent-A-Center updates on key metrics

Rent-A-Center (NASDAQ:RCII) updates on key metrics for October.<p>U.S. core same-store sales were down 3.4% during the quarter<p>Delinquencies came in at …

Business

Benchmark Indexes Lower but Retail Shares Rally

The benchmark U.S. indexes were all lower with the Nasdaq retreating from a closing record set on Thursday. Retail shares, however, were rallying …

Investing

Perspective On Dick's

In this column, we will discuss the results of the earnings and how they impact our forward projections.<p>We offer discourse on the sales patterns we …

Stocks

Best Buy warns of a disappointing holiday season

• <b>Best Buy matched earnings estimates, but missed on revenue.</b>• <b><br>Same-store sales came in below expectations.</b>• <b><br>The company sees adjusted earnings for the fourth quarter was $1.89 to $1.99 per share, well below the $2.03 that Wall Street is expecting.</b><p>(Reuters) - Best Buy Co Inc reported disappointing …

Markets

The Stock Prices of These 3 Companies Prove Amazon Isn't Destroying All Retail

Sorry Amazon (AMZN) , you can't take these consumer stocks down just yet.<p>With most of the retail sector being a horrible trade this year (see …

Investing

Walmart revenue soars on strength of online sales

The reigning heavyweight champion of brick-and-mortar retail is making a name for itself in e-commerce, with Walmart announcing that online sales …

Business

US STOCKS-Wal-Mart, tech stocks lead Wall St gains

* Wal-Mart (NYSE:WMT) hits record high after results, boosts staples index<p>* Traders await vote on U.S. tax bill<p>* VIX posts first fall in six days<p>* …

Markets

MillerPulse: Casual dining drives October same-store sales

Same-store sales increased 1.4 percent at casual dining chains in October, leading to restaurants’ best performance since February of last year, …

Restaurants

Gap 3Q profit, sales beat estimates

Clothing retailer Gap Inc (GPS) on Thursday reported quarterly results that beat estimates, as its turnaround efforts to revive its Gap and Old Navy brand paid off.<p>Shares of the company rose 5 percent to $28.87 after market.<p>The company also raised its full-year adjusted profit forecast to $2.08 to …

Markets

Wal-Mart's stock jumps toward record high after profit and sales beat, raised outlook - MarketWatch

Shares of Wal-Mart Stores Inc. WMT, -1.38% surged 3.3% toward a record high in premarket trade Thursday, after the discount retailer reported fiscal …

Business

Stocks Stage Comeback as Walmart and Cisco Earnings Give Wall Street a Boost

Stocks were sharply higher on Thursday, Nov. 16, as positive earnings from Walmart Stores Inc. (WMT) and Cisco Systems Inc. (CSCO) gave their shares …

Business

Wal-Mart Sales Growth Freshens Retail Mood -- Update

Wal-Mart Stores Inc. posted strong sales gains in the latest period, boosted by a big jump in e-commerce and post-hurricane demand, though profits slipped as the retail giant continued to cut prices and spend money to improve stores and boost online sales.<p>The results buck a string of mostly …

Markets

If You Think AUVs Can Achieve Prior Peaks Within 9 Years, You Should Buy Chipotle Today

Investor sentiment in CMG has soured to such a degree that current prices allow for AUV to grow a mere 3%/yr, implying prior peaks aren't eclipsed …

Stocks

Dick's Q3 Earnings Show The Right Moves

The shares of the company remain in value territory trading at a 9.8x TTM P/E with a well covered 2.6% dividend yield.<p>With EPS declines, margin …

Stocks

Target's quarterly comparable sales beat estimates

(Reuters) - Target Corp (N:TGT) reported a better-than-expected 0.9 percent rise in comparable sales, as price cuts on several everyday items helped …

Markets