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
The U.K. economy grew more than estimated in the second quarter and the current account deficit widened from the first quarter, the Office for National Statistics said Tuesday. Gross domestic product grew 0.9 percent sequentially, up from the prior estimate of 0.8 percent. The annual growth was confirmed at 3.2 percent. Eurozone inflation slowed in September, as expected, to the lowest since late 2009 and the unemployment rate remained stable at a double digit level in August putting pressure on the European Central Bank to launch a full-blown easing. Inflation came in at 0.3 percent, slower than August's 0.4 percent. This was the lowest since October 2009, when prices fell 0.1 percent. Chinese authorities on Tuesday eased some rules for mortgages for buying a second home, in a bid to boost the housing market. The People's Bank of China and the China Banking Regulatory Commission said in a joint statement that buyers who already own one apartment, but have paid off the mortgage...
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.