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US Q2 in brief: Belk, Genesco, Oxford Industries, Sears Canada

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. Belk saw its net income more than halve due to higher expenses, Genesco booked a hike in net earnings, Oxford Industries raised its full-year outlook despite swinging to a loss, and Sears Canada returned to profit. 

Tags: canada industries oxford sears

 

Sears Canada CEO Boire to step down

2015-07-03 12:13:00| Daily apparel & textile news and comment - from just-style.com

Ronald Boire, the CEO of retail group Sears Canada has announced his decision to step down.

Tags: canada step ceo sears

 
 

Sears 1Q loss narrows but sales slump continues

2015-06-08 19:07:59| Real Estate - Topix.net

Sears' first-quarter loss narrowed but sales continue to slump as the retailer prepares the rollout of its real-estate investment trust this week to raise cash. Sears Holdings Corp., which operates Sears and Kmart stores, said that it expects the real estate investment trust that it is forming, Seritage Growth Properties, will be declared effective by the Securities & Exchange Commission this week.

Tags: sales loss continues sears

 

Sears, Lululemon Highlight Off-Season Earnings Reports

2015-06-08 00:24:40| Electronics - Topix.net

A sprinkling of off-season earnings reports are on the schedule for this week. While there are no real market movers among them, some could move their own needles considerably if they offer up positive or negative surprises.

Tags: reports highlight earnings sears

 

US Q1 in brief: Sears, J Crew, Zumiez, Lands' End

2015-05-22 12:02:00| Daily apparel & textile news and comment - from just-style.com

First quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. J Crew revealed a wider net loss due to the under-performance of its women's wear division, while Zumiez said results were in line with its view. Guess results beat expectations, and Dollar General said it made "solid progress" implementing key initiatives.

Tags: end crew lands sears

 

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