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Earnings Watch For August 17 (ANN, FL, HIBB, SJM, KIRK)

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8/17/2012 5:18 AM ET

Women's apparel retailer ANN Inc. (ANN: Quote) is expected to report results for the second quarter. The company is expected to earn $0.51 per share on revenues of $585.61 million. In the year-ago quarter, the company reported earnings of $0.47 per share on revenues of $558.20 million. The shares closed Thursday at $28.14. (The stock down about 11% in Q2; MA(50)- $26.13; MA(100)- $26.98; 52-wk H/L $29.81/$20.40)

Foot Locker, Inc. (FL: Quote) is due to post second-quarter results. The athletic apparel and footwear company is expected to record earnings of $0.33 per share compared to $0.24 per share a year ago, on revenues of $1.35 billion. Shares of FL closed Thursday's trade at $34.49. (The stock dropped almost 1% in Q2; MA(50)- $31.94; MA(100)- $31.32; 52-wk H/L $34.92/$17.77)

Sporting goods retailer Hibbett Sports, Inc. (HIBB: Quote) is scheduled to report second-quarter results. The company is expected to post earnings of $0.28 per share, higher than the year-ago quarter's $0.21 per share. Also, the company is anticipated to generate revenues of $169.66 million compared to $153.13 million in the prior-year quarter. The company's shares closed Thursday's session at $61.80. (The stock up about 6% in Q2; MA(50)- $59.01; MA(100)- $58.02; 52-wk H/L $63.39/$31.03)

J. M. Smucker Co. (SJM: Quote) is slated to report results for the first quarter. The food products maker is expected to report a profit of $1.00 per share versus $1.12 per share last year, with revenues estimated at $1.30 billion. The stock closed Thursday at $78.97. (The stock declined nearly 7% in Q1; MA(50)- $76.01; MA(100)- $77.18; 52-wk H/L $81.97/$66.43)

Home decor retailer Kirkland's Inc. (KIRK: Quote) is expected to post second-quarter results. The company is expected to report a loss of $0.08 per share on revenues of $94.41 million. Last year, the company posted loss of $0.02 per share on revenues of $89.70 million. The company's shares closed Thursday's regular trading at $10.85. (The stock down about 30% in Q2; MA(50)- $11.06; MA(100)- $12.28; 52-wk H/L $17.42/$7.69)

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by RTT Staff Writer

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