Finance

05/23/2013 - 11:53am
GameStop sales fall, but mobile sales explode

While overall sales for GameStop fell significantly during first quarter 2013, the video game retailer can take some solace in a substantial boom in mobile sales

05/23/2013 - 11:52am
Bon Ton boosts net sales, lowers net loss

The Bon Ton Stores, Inc. increased net sales and reduced its net loss during first quarter fiscal 2013.

05/23/2013 - 11:09am
Cato Corp. has down quarter

Specialty women’s apparel and accessories retailer Cato Corp. reported declining sales and net income during first quarter 2013.

05/23/2013 - 10:28am
Limited Q1 profit advances, raises guidance

L Brands Inc., formerly known as Limited Brands, reported Wednesday that profit for the quarter ended May 4 surged 14% to $142.5 million, from $124.6 million last year.

05/23/2013 - 10:25am
Rue21 to be acquired by Apax Partners in $1.1 billion deal

Apax Partners will acquire the 900-store, teen apparel retailer Rue 21 in a deal valued at about $1.1 billion.

05/22/2013 - 4:53pm
American Eagle Q1 profit down but tops Street; to build new DC

American Eagle Outfitters Inc. earned $28 million in its first quarter, down from $39.7 million in the same quarter last year, as cooler weather hurt demand for its spring fashions and some special charges cut into its results.

05/22/2013 - 1:42pm
Staples disappoints as Q1 profit falls 9.2%

Staples reported that its first-quarter profit was $169.9 million, down from $187.1 million in the year-ago period, hurt by a stronger dollar and weak same-store sales in North America and Europe.

05/22/2013 - 1:31pm
Sears Canada posts loss; names CFO

Sears Canada reported a net loss in its first quarter of C$31.2 million ($30.3 million) compared with a net profit of C$93.1 million, a year earlier amid weakened demand for major appliances and home products.

05/22/2013 - 1:18pm
Target Q1 profit plunges 29%; lowers full-year outlook

Target Corp. reported a 26% drop in its first-quarter profit as unseasonably cool weather, the payroll tax increase and other economic pressures took a toll on sales.

05/22/2013 - 10:29am
Lowe's Q1 sales fall

Cool weather affected sales at Lowe's for the first quarter ended May 3.

© 2013