Ross Stores earnings per share for the second quarter ended July 30, 2016 of 0.71 dollars witnessed a 13 percent increase on top of an 11 percent gain in the prior year. Net earnings for the current year period grew to 282 million dollars, up from 259 million dollars last year. Sales rose 7 percent […]

Second quarter diluted earnings per share at Gap were 0.31 dollar on a reported basis. The company noted that foreign currency fluctuations negatively impacted the earnings by around 0.05 dollar. Net sales were 3.85 billion dollars compared with 3.90 billion dollars for the second quarter of fiscal […]

Total second quarter revenue at Perry Ellis International was 202 million dollars, a 5 percent decrease compared to 213 million dollars in the second quarter of fiscal 2016. Increased sales across the company's core global brands were offset by 3 percent planned business exits as well as 2 percent reductions […]

The Cato Corporation reported net income of 15.9 million dollars or 0.57 dollar per diluted share for the second quarter ended July 30, 2016, compared to net income of 15.6 million or 0.56 dollar per diluted share for the same quarter last year, representing a rise of 2 percent. Earnings per diluted […]

Comparable store sales at Bon-Ton Stores decreased 2 percent compared with the prior year period. Net loss was 38.7 million dollars or 1.95 dollars per diluted share, compared with net loss of 39.6 million dollars or 2.01 dollars per diluted share, in the second quarter of fiscal 2015. Commenting on […]

Marcia Bernicat, US ambassador to Bangladesh, confirmed at a press conference following a meeting at the headquarters of the Bangladesh Garment Manufacturers & Exporters Association (BGMEA) in Dhaka last week that the US is planning to increase its imports of ready-made garments from Bangladesh. “The […]

Target Corporation reported comparable sales decrease of 1.1 percent and GAAP earnings per share (EPS) from continuing operations of 1.07 dollars, a decrease of 11.6 percent for the second quarter 2016. Adjusted EPS, which excludes 161 million dollars of pre-tax early debt retirement losses, were 1.23 […]

J. C. Penney Company has announced a three-year growth plan and its financial expectations for improved performance beyond 2017. In light of these sales and profit enhancing initiatives, the company expects compounded annual comparable sales growth to be 3 percent; gross margin improvement of 75-100 […]

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