Skip to content Skip to sidebar Skip to footer

Financial

Financial

L BRANDS TO WEBCAST 2016 MAY SALES REPORT ON THURSDAY, JUNE 2

COLUMBUS, Ohio, 2016-May-25 — /EPR Retail News/ — In conjunction with L Brands' sales release, you are invited to listen to a pre-recorded broadcast of the May Sales report. The broadcast will be available on the Internet on Thursday, June 2 at 7:30 a.m. ET. What: L Brands May Sales Report When: 7:30 a.m. ET on Thursday, June 2, 2016 Where: http://www.LB.com How: Simply…

Read more

Best Buy announces results for the first quarter ended April 30, 2016

GAAP Diluted EPS of $0.69 Non-GAAP Diluted EPS Increased 19% to $0.44 Domestic Segment Comparable Sales Essentially Flat MINNEAPOLIS, 2016-May-25 — /EPR Retail News/ — Best Buy Co., Inc. (NYSE:BBY) today announced results for the first quarter ended April 30, 2016 (“Q1 FY17”), as compared to the first quarter ended May 2, 2015 (“Q1 FY16”).…

Read more

SPAR International Annual Report 2015: Our strongest sales growth in five years

Amsterdam, The Netherlands 2016-May-24 — /EPR Retail News/ — Following on from the release of the highlights of our 2015 annual results in April, the full 2015 International SPAR Annual Report is now available, featuring many more details. Just to recap, 2015 was another year of substantial progress for SPAR International. Total sales rose €1.2 billion,…

Read more

Sears Holdings expects to release its FY2016 Q1 financial results on Thursday, May 26, 2016

HOFFMAN ESTATES, Ill., 2016-May-24 — /EPR Retail News/ — Sears Holdings (NASDAQ: SHLD) announced today that it expects to release its financial results for the Company's fiscal 2016 first quarter before the market opens on Thursday, May 26, 2016 , and simultaneously post a pre-recorded conference call and audio webcast on its corporate website. It will…

Read more

Lowe’s Companies, Inc. to live webcast its 2016 Annual Meeting of Shareholders on May 27, 2016

MOORESVILLE, N.C., 2016-May-24 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) invites you to listen to a live webcast of its 2016 Annual Meeting of Shareholders at 10:00 a.m. Eastern Time on Friday, May 27, 2016 . What:              Lowe’s Annual Meeting of Shareholders When:             10:00 a.m. Eastern Time on Friday, May 27, 2016 Where:             Visit Lowe’s…

Read more

The Michaels Companies, Inc. to host Q1-2016 results conference call on Tuesday, June 7, 2016

IRVING, Texas, 2016-May-24 — /EPR Retail News/ — The Michaels Companies, Inc. (NASDAQ:MIK) today announced that it will report first quarter results on Tuesday, June 7, 2016, before the opening of financial markets. In connection with the announcement, the Company will host a conference call at 8:00 a.m. CT on Tuesday, June 7, 2016. Investors can join…

Read more

SUPERVALU INC. amended its existing $1.5 billion senior secured term loan agreement

MINNEAPOLIS, 2016-May-24 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today announced it has successfully completed the amendment of its existing $1.5 billion senior secured term loan agreement. On July 28, 2015, the Company announced that it is exploring a potential separation of its Save-A-Lot segment, and that as part of that process it had begun…

Read more

Hudson’s Bay Company expands its European presence with plans for up to 20 new stores in the Netherlands over the next 24 months

Canada's premium department store banner Hudson's Bay and off-price banner Saks OFF 5TH expected to launch first stores in summer 2017 utilizing HBC's existing European platform Plans to open up to 20 stores over the next 24 months Expansion is expected to create approximately 2,500 store jobs and 2,500 construction jobs in key Dutch cities…

Read more

Lowe’s Companies, Inc. Q1 2016: 31.4 percent increase of net earnings over the same period a year ago

MOORESVILLE, N.C., 2016-May-20 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today reported net earnings of $884 million for the quarter ended April 29, 2016 , a 31.4 percent increase over the same period a year ago. Diluted earnings per share increased 40.0 percent to $0.98 from $0.70 in the first…

Read more

Sonic Corp. issued $425 million of Series 2016-1 Class A-2 Fixed Rate Senior Secured Notes in private securitization transaction

Sonic Announces Increase to Share Repurchase Program OKLAHOMA CITY, 2016-May-20 — /EPR Retail News/ — Sonic Corp. (NASDAQ:SONC), the nation's largest chain of drive-in restaurants, today announced that certain of its subsidiaries have issued $425 million of Series 2016-1 Class A-2 Fixed Rate Senior Secured Notes (the "2016 Fixed Rate Notes") in a private securitization transaction. The 2016…

Read more

Carrefour to pay €0.70 per share dividend for the 2015 FY

Boulogne-Billancourt, 2016-May-20 — /EPR Retail News/ — At the Annual General Meeting held today, Carrefour's shareholders approved the proposed €0.70 per share dividend for the 2015 financial year and decided to offer shareholders an option to receive the dividend payment in shares. The issue price of the new shares to be issued in consideration for the dividend…

Read more

Office Depot to receive $250 million from Staples

Will Receive $250 Million Termination Fee from Staples Executes $1.2 Billion Five-Year Extension to its Credit Facility Finalizing Comprehensive Business Review BOCA RATON, Fla., 2016-May-18 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ: ODP) today announced that the merger agreement between Staples, Inc. (NASDAQ: SPLS) and Office Depot has been terminated. As a result, Office…

Read more

Starbucks to enhance its sustainability programs with U.S.’s first Corporate Sustainability Bond

Sustainability bond offering is part of Starbucks comprehensive approach to sustainable coffee sourcing and industry leading efforts for positive environmental and social impacts in the global coffee supply chain. SEATTLE, 2016-May-18 — /EPR Retail News/ — Starbucks Corporation (NASDAQ: SBUX) today announced that it has closed an underwritten public offering of senior notes, including the first U.S.…

Read more

H&M Group’s April 2016 sales up by 5 percent

STOCKHOLM, SWEDEN, 2016-May-17 — /EPR Retail News/ — The H&M Group’s sales including VAT increased by 5 percent in local currencies in April 2016 compared to the same month the previous year. The cold spring which continued into April in several of H&M’s large markets has had an unfavourable impact on sales of transitional garments. The total number of stores…

Read more

CVS Health Corporation commenced cash tender offers for its Senior Notes to refinance a portion of CVS Health’s outstanding indebtedness

WOONSOCKET, R.I., 2016-May-17 — /EPR Retail News/ — CVS Health Corporation ("CVS Health", NYSE: CVS) announced today that it has commenced cash tender offers (the "Tender Offers") for (1) any and all of its 5.75% Senior Notes due 2017, its 6.60% Senior Notes due 2019 and its 4.75% Senior Notes due 2020 (collectively, the "Any…

Read more

Ingles Markets Q1-2016: Higher sales and net income vs. the three months ended March 28, 2015

INGLES MARKETS, INCORPORATED REPORTS HIGHER SALES AND NET INCOME FOR SECOND QUARTER OF FISCAL 2016 ASHEVILLE, N.C., 2016-May-16 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported higher sales and net income for the three months ended March 26, 2016 compared with the three months ended March 28, 2015.  Net income totaled $14.4 million…

Read more

Staples, Inc. to discuss first quarter 2016 results on Wednesday, May 18

FRAMINGHAM, Mass., Country, 2016-May-16 — /EPR Retail News/ — Staples, Inc. (Nasdaq: SPLS) will hold its quarterly conference call to discuss first quarter 2016 results onWednesday, May 18, 2016 at 8:00 a.m. Eastern Time. To listen to the conference call via webcast, please visit Staples’ Investor Relations website at http://investor.staples.com. About Staples, Inc. Staples retail stores and staples.com help…

Read more

Swedish ICA stores report decreased sales by 0.8% in April 2016

Solna, Sweden, 2016-May-16 — /EPR Retail News/ — Sales in the Swedish ICA stores decreased by 0.8% in April 2016 compared with the corresponding month last year. Sales in like-for-like stores decreased by 1.1%. April 2016 January – April 2016 Store sales, excl. VAT SEKm Change all stores Change like-for-like SEKm Change all stores Change like-for-like Maxi ICA Stormarknad 2,707 -0.4% -1.4% 10,734 4.8% 3.5% ICA Kvantum 2,186 -1.0% -1.2% 8,650 3.6% 3.3% ICA Supermarket 2,682 -1.1% -1.1% 10,700 2.5% 2.5% ICA Nära 1,317 -0.4% -0.2% 5,205 3.1% 3.5% Total 8,893 -0.8% -1.1% 35,289 3.5% 3.2% In April 2016, sales in the Swedish ICA stores…

Read more

RioCan Real Estate Investment Trust donates to support immediate needs of the Fort McMurray community

TORONTO, ONTARIO, 2016-May-13 — /EPR Retail News/ — RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) has committed $25,000 to theCanadian Red Cross to support the immediate needs of the Fort McMurray community. "As a proud member of the community, our hearts go out to all those affected," said Edward Sonshine, Chief Executive Officer of RioCan. "RioCan…

Read more

The Children’s Place, Inc. Q1-2016 conference call on Tuesday, May 17, 2016

SECAUCUS, N.J., 2016-May-13 — /EPR Retail News/ — The Children’s Place, Inc.(Nasdaq:PLCE) today announced that in conjunction with the release of its first quarter 2016 financial results you are invited to listen to the Company’s conference call on Tuesday, May 17, 2016, beginning at 8:00 a.m. Eastern Time. To access the webcast, visit http://investor.childrensplace.com. An archive of…

Read more

Lowe’s Companies, Inc. to broadcast its first quarter 2016 earnings conference call on May 18, 2016

MOORESVILLE, N.C., 2016-May-12 — /EPR Retail News/ — In conjunction with the Lowe’s Companies, Inc. (NYSE: LOW) first quarter 2016 earnings press release, you are invited to listen to its conference call to be broadcast live over the internet on Wednesday, May 18, 2016 at 9:00 a.m. Eastern Time with: Robert A. Niblock ,…

Read more

Pennsylvania Real Estate Investment Trust declares quarterly cash dividend of $0.21 per common share

PHILADELPHIA, 2016-May-11 — /EPR Retail News/ — Pennsylvania Real Estate Investment Trust (NYSE: PEI) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.21 per common share.  The dividend is payable on June 15, 2016 to common shareholders of record on June 1, 2016. The June 15thdividend payment will be the…

Read more

Wincor Nixdorf and HESS Cash Systems partner to enhance Wincor Nixdorf’s portfolio of self-service products with coin components from HESS

Enhanced range of solutions for cash handling with coin components Paderborn, Germany, 2016-May-11 — /EPR Retail News/ — Wincor Nixdorf and HESS Cash Systems, a subsidiary of Gauselmann Group and one of the leading coin process automation vendors, have agreed on a strategic cooperation. The goal is to enhance Wincor Nixdorf’s portfolio of self-service products with…

Read more

Kohlberg Kravis Roberts & Co. L.P. affiliates to offer for sale 15,000,000 shares of Walgreens Boots Alliance’s common stock

DEERFIELD, Ill., 2016-May-09 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq: WBA) (the “company”) today announced that affiliates of Kohlberg Kravis Roberts & Co. L.P. (the “selling stockholders”) intend to offer for sale in an underwritten secondary offering 15,000,000 shares of the company’s common stock pursuant to the shelf registration statement (File No. 333-209569)…

Read more

British Retail Consortium: We’ve seen three years of falling shop prices

Overall shop prices reported deflation of 1.7% in April, unchanged from the decline seen in March. This is in-line with the 12-month average Non-food deflation accelerated to 2.9% in April from the 2.6% fall in March. This is deeper the 12-month average of -2.7% Food returned to inflationary territory in April, up 0.1% compared with…

Read more

J. C. Penney Company, Inc. to release its Q1-2016 financial results on Friday, May 13

PLANO, Texas , 2016-May-06 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) announced today that it will release its first quarter 2016 financial results on Friday, May 13, at 7:30 a.m. ET. The news release will be followed by a live conference call and webcast conducted by Chief Executive Officer Marvin Ellison…

Read more

Whole Foods Market now operates 446 stores; 112 stores in development

AUSTIN, Texas , 2016-May-06 — /EPR Retail News/ — In its second quarter earnings report, Whole Foods Market (NASDAQ: WFM) announced that is has signed leases for six new stores and has renegotiated leases for three of its stores in development. The new leases for Whole Foods Market stores include Santa Monica, California; Vernon Hill, Illinois; Jersey…

Read more

Kroger’s EVP and CFO Mike Schlotman to present at the Goldman Sachs Global Staples Forum on May 10, 2016

CINCINNATI, 2016-May-05 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) today announced that Mike Schlotman, Kroger's executive vice president and CFO, will address investors at the Goldman Sachs Global Staples Forum on Tuesday, May 10, 2016 at 1:25 p.m. (ET). This presentation will be broadcast online at ir.kroger.com.  Click on "Events, Presentations & Webcasts" to…

Read more

M&S Energy launches £350,000 community fund to support energy projects and technologies across the UK

LONDON, 2016-May-05 — /EPR Retail News/ — M&S Energy has today launched the M&S Energy Community Energy Fund for the second year running, with up to £350,000 available to support community energy projects and technologies across the UK. Any not for profit organisation that wants to use renewable energy to provide community benefits can apply, whether a…

Read more

SM Investments Corporation wins double at the 8th Annual Global Corporate Social Responsibility (CSR) Summit and Awards

Pasay City, Philippines, 2016-May-05 — /EPR Retail News/ — SM Investments Corporation (SM) won two awards at the 8th Annual Global Corporate Social Responsibility (CSR) Summit and Awards held in Indonesia. SM bagged a silver award for Best Corporate Communications & Investor Relations and a bronze award as Best Governed & Most Transparent Company. In addition to receiving…

Read more

EPR Retail News