Talbots Drops

United Online falls; Lamar Advertising slips; plus more of Thursday's stocks in the news

Talbots (TLB ) posted 8.8% lower July same-store sales and 3.3% lower total sales. The women's retailer noted a significantly softer-than-expected markdown selling midway into its semi-annual sale. Talbots sees 33 cents to 35 cents second-quarter earnings per share (includinga 6-cent tax benefit).

United Online (UNTD ) posted 19 cents, vs. 21 cents second-quarter earnings per share on a 39% total revenue rise. It sees $109 million to $112 million third-quarter total revenue. First Albany and Piper Jaffray downgraded.

Lamar Advertising (LAMR ) posted 8 cents second-quarter earnings per share, vs. a 2-cent loss on a 9% net revenue rise. The billboard-advertising giant expects third-quarter revenue of $228 million. S&P says revenues and EBIDTA topped second-quarter guidance but fell short of expectations.

Kos Pharmaceuticals (KOSP ) posted 83 cents, vs. 31 cents second-quarter earnings per share on an 86% revenue rise. Kos raised the 2004 earnings per share guidance to $2.60 to $2.65.

XM Satellite Radio (XMSR ) posted an 84-cent second-quarter loss, vs. a $1.38 loss on a sharp revenue rise.

Univision Communications (UVN ) posted 24 cents, vs. 16 cents second-quarter earnings per share on a 55% revenue rise. The Spanish-language broadcasting company sees 18 cents to 20 cents third-quarter earnings per share. Merrill upgraded to buy from neutral. Wachovia upgraded to outperform. S&P upgraded to accumulate from hold.

Sharper Image (SHRP ) posted flat July same-store sales and 18% higher total sales. It posted 1% higher second-quarter same-store sales and 20% higher total sales. The retailer updated the second-quarter earnings per share guidance to 3 cents to 5 cents, and lowered the fiscal 2005 guidance to $1.83 to $1.87 from $2.00 to $2.04.

AnnTaylor Stores (ANN ) posted 2.1% lower July same-store sales and 11% higher total net sales. The women's retailer raised the 39 cents to 40 cents second-quarter earnings per share estimate to 40 cents to 41 cents. It now sees $1.78 to $1.83 fiscal 2005 earnings per share.

Barr Pharmaceuticals (BRL ) posted 59 cents, vs. 48 cents fourth-quarter earnings per share (adjusted, excluding items) despite flat revenues. Barr sees $2.35 to $2.45 fiscal 2005 earnings per share, and set a $300 million stock-buyback plan.

Blackboard (BBBB ) posted a 37-cent second-quarter loss, vs. a 71-cent loss on a 16% revenue rise. The software maker sees $28.8 million to $29.3 million in third-quarter revenue, 7 cents to 8 cents earnings per share. It sees $109.2 million to $110.2 million in 2004 revenue and 22 cents to 24 cents earnings per share. CS First Boston initiated coverage with outperform.

Wal-Mart (WMT ) posted 3.2% higher July U.S. same-store sales, line with Wall Street's 3.1% forcast. Wal-Mart also posted 11% higher total net sales. The world's largest retailer sees 2% to 4% higher August U.S. same-store sales.

Boeing (BA ) lost a contract with Virgin Atlantic, which ordered 26 A340-600 jetliners from rival Airbus.

Pier 1 Imports (PIR ) posted 2.3% lower July same-store sales and 7.2% higher total sales. Based on continuation of weak traffic, and the shift in the Labor Day weekend, Pier 1 now sees 4% to 8% lower August same-store sales, and 10 cents to 12 cents second-quarter earnings per share. S&P and Lehman cut estimates.

Microsoft (MSFT ) reportedly said it's interested in buying Nintendo. Nintendo says it hasn't received any offers.

EBay (EBAY ) CEO Meg Whitman told The Wall Street Journal that the online-aution company will depend more on seasonal and cross-border sales for growth in the future.

American Eagle Outfitters (AEOS ) posted 22% higher July same-store sales and 31% higher total sales. Based on strong sales and margin performance, the retailer raised the second-quarter earnings per share guidance to 37 cents to 38 cents, and sees 43 cents to 47 cents third-quarter earnings per share.

Limited Brands (LTD ) posted flat July same-store sales and 9% higher second-quarter same-store sales.

Urban Outfitters (URBN ) posted 26% higher second-quarter same-store sales and a 54% total net sales rise.

Property and liability insurer St. Paul Travelers (STA ) posted a 42-cent second-quarter loss (including restructuring costs), vs. $1.01 earnings per share despite a 66% rise in premiums written.

Wireless Facilities (WFII ) posted 2 cents second-quarter GAAP earnings per share on an 84% revenue rise. It sees 9 cents third-quarter earnings per share, and 29 cents to 30 cents 2004 GAAP earnings per share. The wireless-network services provider will restate 2000-03 results to accrue for certain foreign-tax items. First Albany downgraded to neutral from strong buy.

Goodyear Tire & Rubber (GT ) posted 14 second-quarter earnings per share, vs. a 30-cent loss on a 20% net sales rise. Goodyear expects year-over-year momentum to continue through the second half.

Costco Wholesale (COST ) posted 9% higher July same-store sales and 12% higher total sales.

Internet-content company Jupitermedia (JUPM ) posted 11 cents second-quarter earnings per share, vs. breakeven on a 75% revenue rise. It sees 11 cents third-quarter earnings per share, 13 cents in the fourth quarter, and 41 cents in 2004.

Aeropostale (ARO ) posted 14% higher July same store sales and a 44% higher total sales rise. The retailer raised the 11 cent ssecond-quarter earnings per share guidance to 17 cents.

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