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McDonald's Corp (MCD) will stop releasing monthly same-store sales results after June, reports said on Wednesday, as the fast food giant grapples with falling sales and increased competition. McDonald's will provide same-store sales for June with its second-quarter earnings report, then cease providing...

Specialty apparel retailer Chico's FAS Inc. (CHS) on Wednesday reported an 18 percent decline in profit for the first quarter from last year, as higher sales were offset by one-time charges and an increase in expenses. However, adjusted earnings per share matched analysts' expectations, while revenues...

Tidewater Inc. (TDW) reported fourth quarter net loss attributable to the company of $9.08 million or $0.19 per share, compared to net income of $43.42 million or $0.88 per share in the previous year. Included in latest-quarter results were charges resulting from cost reduction initiatives related...

Gainers: Tiffany & Co. (TIF) is up 7 percent to $91.90. The company's first quarter earnings and sales topped Street view, despite declining from the year-ago quarter. The company attributed the lower net sales and earnings to the negative effects of a stronger dollar and difficult year-over-year...

China Ming Yang Wind Power Group Limited (MY), wind turbine manufacturer in China, reported that its income for the first quarter was RMB 40.7 million or $6.6 million, compared to RMB 187.2 million in the same quarter last year. Quarterly earnings per share was RMB0.32 or $0.05, compared to RMB1.51 last...

Tiffany-052715.jpg Jewelry retailer Tiffany & Co. (TIF) Wednesday said its profit for the first quarter declined from the prior year, amid lower sales, owing to adverse currency and difficult prior-year comparisons in Japan. Further, the company incurred higher expenses primarily related to marketing spending. For the full year, the company continues to forecast minimal growth in net earnings per share.

Paint and coatings maker Valspar Corp. (VAL) reported that second-quarter net income was $90.3 million or $1.09 per share, compared to $86.0 million or $0.99 per share in the prior-year quarter. Excluding certain items, adjusted net income for the quarter was $92.2 million, down from $92.6 million...

Movado Group Inc. (MOV) reported that its net income first quarter ended April 30, 2015 declined to $3.6 million, or $0.15 per share, from $7.4 million, or $0.29 per share in the same quarter last year. During the first quarter of fiscal 2016, the Company recorded a $2.7 million pre-tax charge, or...

BMO Financial Group (BMO.TO, BMO) reported that its net income for the second quarter of 2015 was C$999 million, down 7% from the prior year's C$1.076 billion due to a C$106 million charge taken in the latest-quarter primarily due to restructuring to drive operational efficiencies. Quarterly earnings...

Luxury goods retailer Michael Kors Holdings Ltd. (KORS) reported fourth-quarter net income of $182.6 million or $0.90 per share, up from $161.0 million or $0.78 per share in the prior-year quarter. On average, 28 analysts polled by Thomson Reuters expected the company to earn $0.91 per share for the...

Chico's FAS, Inc. (CHS) reported first quarter net income of $32.5 million, or $0.22 per share, including the impact of the strategic charges related to restructuring. The company reported adjusted net income of $41.8 million or $0.28 per share compared to net income of $39.9 million or $0.26 per share,...

National Bank of Canada (NA.TO) reported second-quarter net income to the Bank's shareholders of C$388 million compared to C$345 million, a year ago. Earnings per share was C$1.13, compared to C$1.01. Excluding items, second-quarter earnings per share was C$1.15. On average, 13 analysts polled by...

Brown Shoe Company (BWS) reported first-quarter net income to company of $19.3 million or $0.44 per share, compared to $15.4 million or $0.35 per share, prior year. On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $0.36 for the quarter. Analysts' estimates...

Tiffany & Co. (TIF) reported that its first-quarter net earnings declined to $105 million, or $0.81 per share, from $126 million, or $0.97 per share, a year ago, due to the lower sales as well as higher expenses primarily related to marketing spending. On average, 25 analysts polled by Thomson Reuters...

Toll-Brothers-052715.jpg Luxury home builder Toll Brothers Inc. (TOL) Wednesday said its second-quarter profit increased from the previous year, helped by lower taxes. Revenues fell from the prior year and missed estimates. Further, the company tightened its expectation of home deliveries for the year.

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