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Business Analytics

  • Barnes & Noble swings to loss on lower sales

    Barnes & Noble posted disappoint results for its second quarter, but sounded a positive note about holiday sales.

    The company posted a wider-than-expected loss of $39.2 million, or 52 cents per share, for the quarter ended October 31, compared to a profit of $12.3 million, or 12 cents per share, a year ago.

    Losses, adjusted to account for discontinued operations and severance costs related to the spinoff of its college bookstore division, were 28 cents per share.

  • Big Lots narrows loss; same-store sales up for 7th straight quarter

    Big Lots narrowed its loss in the third quarter as the retailer attracted more shoppers to its stores with new merchandising and marketing strategies.

    For the period ended Oct. 31, Big Lots reported a loss of $1.5 million, or 3 cents a share, compared with a loss of $3.4 million, or 6 cents, a year earlier. Same-store sales increased 2.6% Revenue edged up less than a percentage point to $1.12 billion.

  • Genesco's growth strategy is working

    Strong same-store sales in the third quarter did not keep Genesco Inc. from lowering its guidance, as the company takes steps to reduce inventory through promotions and discounts.

    The specialty retailer of hats and accessories said that for the third quarter ended Oct. 31, same-store sales increased 7%. Income was $32.9 million, or $1.43 per diluted share, compared to earnings from continuing operations of $28.8 million, or $1.21 per diluted share, for the prior year quarter. Revenue was $774 million from $723 million in the third quarter of fiscal 2015.

  • Sales miss but profits top estimates at Dollar General

    Dollar General Corp. missed Wall Street projections for sales in its third quarter, but the chain came out on top again in its earnings. It also named a permanent CFO.

    The discounter on Thursday posted its fifth consecutive quarter of double-digit earnings growth. It was the third consecutive quarter that Dollar General beat the Street's projection for earnings.

  • This retailer is on a roll; raises outlook

    Express continues to make all the right moves, reporting better than expected results for its third quarter and raising its 2015 outlook.

    The specialty apparel retailer reported a profit of $26.3 million, or $0.31 per share, versus a year-ago profit of $14.6 million, or $0.17 per share.

    Revenue rose 9.8% to $546.6 million. Total same-store sales, including e-commerce sales, rose 6%. E-commerce sales climbed 6% to $83.8 million.

  • Kroger tops Q3 profit, misses on sales

    The nation’s largest supermarket operator reported profit that surpassed Wall Street expectations and raised its annual forecast.

    Kroger Co.’s third-quarter earnings rose 18% to $428 million.

    Revenue inched up 0.4% to $25.08 billion for the quarter, ended Nov. 7. missing Street forecasts of $25.22 billion. Kroger cited lower fuel prices as impacting sales.

    Same-store sales, excluding fuel, rose 5.4%, more than expected. It was the chain’s 48th consecutive quarter of positive same-store sales growth (excluding fuel.)

  • Kroger extends its winning comp streak

    The nation’s largest supermarket operator reported profit that surpassed Wall Street expectations and raised its annual forecast.

  • This mall retailer is still on a roll

    Express continues to make all the right moves, reporting better than expected results for its third quarter and raising its 2015 outlook.

  • A strong quarter and new CFO for Dollar General

    Dollar General Corp. missed Wall Street projections for sales in its third quarter, but the chain came out on top again in its earnings. It also named a permanent CFO.

  • Canadian menswear chain takes enterprising omnichannel approach

    Harry Rosen, Inc., a 17-store, Toronto-based luxury menswear retailer, is making the back-end effort to offer a front-end omnichannel experience.

    Harry Rosen has chosen the Jesta I.S. Omnichannel Retail Suite, including merchandising, planning, distribution, POS and mobile POS, financials and business intelligence. The retailer expects to centralize its operations on the Jesta I.S. Vision Suite, bringing the entire company onto a single, integrated retail platform.

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