Federated Department Stores Inc, ( FD: chart), said this outlook excludes one-time merger integration and inventory valuation costs and a gain on the sale of credit receivables. This post-split view is unchanged from its previously disclosed forecast.
Family Dollar Stores Inc, ( FDO: chart), retailer, reported same-store sales advanced 3.6%, down from analyst estimate for a same-store sales increase of 4.6%. The company said net sales rose 9.5% to about $620.5 million. The company also forecast a July same-store sales increase of 5%-7%.
Delta and Pine Land Co., ( DLP: chart), a maker of cotton seed, reported its Q3 net income rose to $1.28 a share, from 91 cents a share in the year-earlier period. Sales at the company advanced 41% to $286.6 million from $203.3 million. The company missed analysts forecast for earnings of $1.34 a share.
BJ''s Wholesale Club Inc, ( BJ: chart), retailer, reported it expects Q2 net income of 37-40 cents a share, lower than its earlier forecast of 43-47 cents a sahre and below the figure of 44 cents a share predicted by analysts. The company said June same-store sales fell 0.1% amid foul weather. Total sales for the period increased by 3.6% to $825 million.
Aeropostale Inc, ( ARO: chart), retailer, announced that June same-store sales rose 5.3%. Analysts forecast a gain of 0.8%. Total sales for the five weeks ended July 1 increased 22.7% to $105.8 million, the company added. |