"Nasdaq Stock Market" said : Canadian Natural Resources' profit jumps on higher sales volume, prices
CLOSE X Edit Favorites Enter up to 25 symbols separated by commas or spaces in the text box below. This will now be your default target page; unless you change your configuration again, or you delete your cookies. Are you sure you want to change your settings? These symbols will be available during your session for use on applicable pages. If, at any time, you are interested in reverting to our default settings, please select Default Setting above.If you have any questions or encounter any issues in changing your default settings, please email isfeedback@nasdaq.com CLOSE X Please confirm your selection: You have selected to change your default setting for the Quote Search.
according to
For 2017, Burlington expects net sales to increase in the range of 7.5% to 8.5%, with comparable-store sales rising in the range of 2% to 3%. Net sales rose 9.4% to $1.69 billion. Burlington Stores Inc.'s profit climbed 27% in the latest quarter on rising sales and the company was upbeat about earnings this year, continuing to post solid results as the broader retail space remains pressured. For its first quarter which ends in April, Burlington expects adjusted earnings in a range of 67 cents to 70 cents a share, on a net sales increase of 5% to 6%. Burlington said comparable-store sales increased 4.6% and inventory fell 9%.
Comparable sales at the Abercrombie brand fell 13%, while that metric increased 1% at Hollister. But those efforts didn't succeed in attracting shoppers to Abercrombie stores during the holiday period. Fran Horowitz, who was named CEO last month, cited a competitive retail environment and admitted to missteps at the Abercrombie brand, including an unsuccessful marketing campaign. Executives also plan to apply strategies learned from the company's Hollister brand to improve Abercrombie, Ms. Horowitz said. Abercrombie & Fitch Co. posted its fourth straight quarter of declining same-store sales, as the retailer's efforts to revamp its namesake brand showed little sign of drawing back shoppers.
read more visit us profit
collected by :Jack Luxor
according to
Burlington profit and sales rise, beat views
For 2017, Burlington expects net sales to increase in the range of 7.5% to 8.5%, with comparable-store sales rising in the range of 2% to 3%. Net sales rose 9.4% to $1.69 billion. Burlington Stores Inc.'s profit climbed 27% in the latest quarter on rising sales and the company was upbeat about earnings this year, continuing to post solid results as the broader retail space remains pressured. For its first quarter which ends in April, Burlington expects adjusted earnings in a range of 67 cents to 70 cents a share, on a net sales increase of 5% to 6%. Burlington said comparable-store sales increased 4.6% and inventory fell 9%.
Comparable sales at the Abercrombie brand fell 13%, while that metric increased 1% at Hollister. But those efforts didn't succeed in attracting shoppers to Abercrombie stores during the holiday period. Fran Horowitz, who was named CEO last month, cited a competitive retail environment and admitted to missteps at the Abercrombie brand, including an unsuccessful marketing campaign. Executives also plan to apply strategies learned from the company's Hollister brand to improve Abercrombie, Ms. Horowitz said. Abercrombie & Fitch Co. posted its fourth straight quarter of declining same-store sales, as the retailer's efforts to revamp its namesake brand showed little sign of drawing back shoppers.
read more visit us profit
collected by :Jack Luxor
Comments
Post a Comment