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REFILE-UPDATE 1-Skechers sales and earnings beat estimates, shares jump

2015-07-30 12:29:24| Footwear - Topix.net

Sports shoe maker and retailer Skechers USA Inc reported a better-than-expected 36 percent rise in quarterly revenue, helped by pent-up demand following the end of labor disruptions at U.S. West Coast ports that had held up imports, as well as increased shipments of back-to-school items. Skechers shares were up 14.5 percent at $147.03 in after-hours trading, adding nearly $1 billion to the company's market value of $6.68 billion as of Wednesday's close.

Tags: sales jump beat estimates

 

Analysts upbeat as Bonmarche Q1 sales grow

2015-07-30 12:03:55| Daily apparel & textile news and comment - from just-style.com

Analysts remain upbeat about Bonmarché's growth opportunities, after the UK women's wear retailer booked strong first-quarter sales growth, albeit at a slower pace than last year.

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Renault Profit Surges as European Recovery Boosts Car Sales

2015-07-30 11:37:21| Auto Dealers - Topix.net

Renault SA reported a 47 percent jump in first-half earnings on robust demand in Europe for new models like the Kadjar sport utility vehicle. Operating profit rose to 1.07 billion euros from 729 million euros a year earlier, the Boulogne-Billancourt, France-based company said Thursday in a statement.

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Mazda's profits fall, but sales rise

2015-07-30 09:51:26| BBC News | Business | UK Edition

Japanese car maker Mazda reports a drop in operating profit, but sees strong growth in sales.

Tags: sales fall rise profits

 

Pending Sales of Existing Homes Unexpectedly Decline

2015-07-30 07:22:32| Real Estate - Topix.net

Fewer Americans signed contracts in June to buy previously owned homes, representing a pause in the housing market's momentum. The index of pending home sales unexpectedly fell 1.8%, the first drop this year, after a revised 0.6% increase in May that was smaller than initially reported, figures from the National Association of Realtors showed Wednesday in Washington.

Tags: sales existing homes decline

 

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