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US Q2 in brief: Foot Locker, Hibbett Sports, Stein Mart
2015-07-30 18:29:00| Daily apparel & textile news and comment - from just-style.com
Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. Foot Locker had an "outstanding" quarter with sales, earnings and margins all up, while Hibbett lowered its full-year guidance on lower sales. Meanwhile, New York & Company and Perry Ellis both narrowed their losses in the quarter, with the latter upping its full-year guidance, while Cato's quarter was mixed as earnings and margins fell, but sales climbed.
Tags: sports
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Category:Consumer Goods and Services