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DSW Comp Sales Turn Positive, Earnings Top Estimates
2015-05-27 17:45:56| Footwear - Topix.net
's first-quarter earnings stepped above Wall Street estimates Wednesday, led by a sharp improvement in merchandise margins. The discount shoe and accessory store operator said that its Q1 earnings jumped 26.2% to 53 cents per share.
Movado first-quarter earnings hurt by slowing growth in watch sales
2015-05-27 17:38:13| Jewelry - Topix.net
Movado Group Inc. Movado reported a first-quarter profit of $3.6 million, or 15 cents a share, down from $7.4 million, or 29 cents a share, a year earlier, as the luxury watchmaker was hurt by slowing growth in the watch industry and the stronger dollar. Movado posted revenue of $120.5 million in the period, compared with $120.9 million in the first quarter of fiscal 2015.
Tiffany shares soar as earnings beat estimates
2015-05-27 16:34:16| Jewelry - Topix.net
Shares of Tiffany soared pre-market after the upscale jewelry retailer reported stronger-than expected first-quarter financial results and maintained the company's upbeat earnings guidance for the year's second half. Tiffany shares soar on better-than-forecast results Shares of Tiffany soared pre-market after the upscale jewelry retailer reported stronger-than expected first-quarter financial results and maintained the company's upbeat earnings guidance for the year's second half.
Tags: beat
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AutoZone (AZO) Announces Earnings Results
2015-05-27 10:30:51| Auto Parts - Topix.net
AutoZone released its earnings data on Tuesday. The company reported $9.57 EPS for the quarter, beating the Thomson Reuters consensus estimate of $9.50 by $0.07, Stock Ratings News reports.
Tags: results
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ADM Can Grow Medium-Term Earnings Power To $4.50 Per Share, CEO Luciano Says
2015-05-27 08:30:41| Agriculture - Topix.net
TERM EARNINGS POWER TO $4.50 PER SHARE, CEO LUCIANO SAYS May 26, 2015 Source: ADM news release Archer Daniels Midland Company CEO Juan Luciano said today that further progress on the company's strategic plan of optimizing the core, driving operational efficiencies and growing strategically-coupled with a balanced approach to capital allocation-could drive the company's medium-term earnings power well above the $3.00 level. Speaking at BMO's 2015 Farm to Market Conference in New York, Luciano said, "Under normal crop conditions-given the investments and cost-reductions we've made-we expect the company to be able to generate ROIC of about 10 percent and an earnings-power range of between $4.00 and $4.50 per share in the medium-term."
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