Retail

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J.C. Penney Tinkers With Pricing — Again

courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc.’s (NYSE: JCP) CEO Ron Johnson is either lowering prices on much of the troubled retailer’s store inventory or raising those prices instead. Most analysts believe neither…

Douglas A. McIntyre · 13 years ago

Walmart Comes Clean About the Costs of Bribery Investigations

courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) owned up to the fact that investigations into bribery allegations, particularly in Mexico, could cost it a great deal of money. In its 10-K, the…

Douglas A. McIntyre · 13 years ago

Dollar General Results, Buybacks Boosting Shares

ThinkstockDollar General Corp. (NYSE: DG) reported fourth-quarter and fiscal 2012 results before markets opened this morning. The discount retailer reported diluted earnings per share (EPS) of $0.97 on revenues of $4.21 billion for the…

Paul Ausick · 13 years ago

Tiffany’s Meets Lowered Estimates, Maintains Previous Outlook

courtesy Tiffany & Co.Tiffany & Co. (NYSE: TIF) reported fourth-quarter and full-year 2012 results before markets opened this morning. The luxury goods company reported diluted earnings per share (EPS) of $1.40 on revenues of…

Paul Ausick · 13 years ago

J.C. Penney: The Titantic Finally Sinks

courtesy J.C. Penney Co. Inc.Like the owners and builders of the Titanic, the board and management of J.C. Penney Co. Inc. (NYSE: JCP) apparently believed the 110-year old retailer was unsinkable. Or at least…

Paul Ausick · 13 years ago

Lululemon Fabric, Forecast Less Than Expected

ThinkstockYoga and athletic apparel maker Lululemon Athletica Inc. (NASDAQ: LULU) reported fourth-quarter and full fiscal year 2012 results before markets opened this morning. For the quarter, the company reported diluted earnings per share (EPS)…

Paul Ausick · 13 years ago

General Mills: The Yogurt Machine Delivers

ThinkstockGeneral Mills Inc. (NYSE: GIS) reported fiscal third-quarter 2013 results before markets opened this morning. The food processing and packaged foods maker posted adjusted diluted earnings per share (EPS) of $0.64 on revenues of…

Paul Ausick · 13 years ago

Walgreen’s Names New Distribution Partner

courtesy of WalgreenThe nation’s largest drugstore chain, Walgreen Co. (NYSE: WAG) this morning announced that it and its European partner Alliance Boots have entered into a 10-year contract with drug distributor AmeriSourceBergen Corp. (NYSE:…

Paul Ausick · 13 years ago

Ackman Fires Another Round at Herbalife

Courtesy Herbalife Ltd.William Ackman and Pershing Square Capital Management have released another presentation backing Ackman’s claim that Herbalife Ltd. (NYSE: HLF) is indeed a pyramid scheme. This time Ackman compares Herbalife to Fortune Hi-Tech…

Paul Ausick · 13 years ago

Price Cut for Kindle Fire Tied to European, Japanese Launch

Wikimedia CommonsThanks to today’s launch of the Kindle Fire HD 8.9-inch tablet from Amazon.com Inc. (NASDAQ: AMZN) in five European countries and Japan, Amazon claims that now “it is able to lower the price”…

Paul Ausick · 13 years ago

Consumer Group Boosts Ackman’s Bet Against Herbalife

Courtesy Herbalife Ltd.In a press release this morning, the National Consumers League (NCL) called on the Federal Trade Commission (FTC) to “investigate recent allegations that the multi-level marketing company Herbalife is, in actuality, a…

Paul Ausick · 13 years ago

Retailer Express Sinks on Forecast

thinkstockExpress Inc. (NYSE: EXPR) reported fourth quarter and fiscal year 2012 results before markets opened this morning. For the quarter, the specialty retailer reported diluted earnings per share (EPS) of $0.75 on revenues of…

Paul Ausick · 13 years ago

Costco: Profits Depend on Membership Fees

ThinkstockCostco Wholesale Corp. (NASDAQ: COST) reported second-quarter fiscal 2013 results before markets opened this morning. The warehouse club retailer reported diluted earnings per share (EPS) of $1.24 on revenues of $24.34 billion. In the…

Paul Ausick · 13 years ago

McDonald’s February Sales Fall for Lack of Leap Year

courtesy of McDonald'sMcDonald’s Corp. (NYSE: MCD) probably wishes every year was a leap year. The company reported that global same-store sales fell 1.5% year-over-year in February, all because 2012 was a leap year and…

Paul Ausick · 13 years ago