Breaking News
FONT-SIZE Plus   Neg
Share SHARE

Earnings Watch For March 8 (ANN, FL, GCO)

Women's apparel retailer ANN Inc. (ANN: Quote) is expected to report results for the fourth quarter. The New York-based company's earnings are expected to decline sharply to $0.01 per share from $0.10 per share reported a year earlier, whereas quarterly revenues are anticipated to grow to $617.82 million from last year's $566.66 million. The shares closed Thursday at $29.00. (52-wk H/L $39.78/$23.93)

Specialty athletic retailer Foot Locker, Inc. (FL: Quote) is slated to report fourth-quarter results. The company is expected to post earnings of $0.73 per share, higher than the year-ago quarter's $0.55 per share. Also, the company is anticipated to generate revenues of $1.69 billion compared to $1.50 billion in the prior-year quarter. Shares of FL closed Thursday's trade at $35.31. (52-wk H/L $37.65/$27.86)

Nashville, Tennessee-based Genesco, Inc. (GCO: Quote) is scheduled to report fourth-quarter results. The specialty retailer is expected to post earnings of $2.12 per share, an increase from $1.97 per share a year ago, with revenues estimated at $774.51 million. The company's shares closed Thursday's regular trading at $61.17. (52-wk H/L $78.97/$50.33)

Click here to receive FREE breaking news email alerts for Ann Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Beverages giant Coca-Cola Co. reported Tuesday a profit for the third quarter that decreased 14 percent from last year, despite higher worldwide volumes, reflecting a revenue drop. Adjusted earnings per share matched analysts' expectations, even as quarterly revenues missed their estimates. Following the announcement, the company's shares are trading more than five percent lower in early deals. Apple Inc. said Monday that its fourth quarter profit rose 13% from last year, driven by strong sales of its iPhones and Mac computers. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly sales. At the same time, the company gave an upbeat revenue forecast for the current quarter, which includes the all important holiday season. Programmable chipmaker Xilinx Inc. (XLNX) said Thursday after the markets closed that its second quarter profit rose 21% from last year, helped by higher revenue and better cost control. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly revenue....
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.