Industry News

Gap Inc. today reported that net sales for the five-week period ended July 2, 2016 increased 2 percent to $1.57 billion compared with net sales of $1.54 billion for the five-week period ended July 4, 2015.. “We are pleased to see better performance across the portfolio this month, partly driven by an improvement in June traffic trends, particularly at Old Navy,” said Sabrina Simmons, chief financial officer, Gap Inc.. Gap Inc.’ s comparable sales for June 2016 were up 2..."/>
Gap Inc. Reports June Sales Results
Ruby Tuesday, Inc. will release results for its fiscal fourth quarter and full year after the close of financial markets on Thursday, August 11, 2016 which will be followed by a conference call to review its financial results at 5:00 p.m. Eastern time. The conference call can be accessed live by dialing 888-466-4462 or for international callers by dialing 719-325-2463. A replay will be available after the call and can be accessed by dialing 877-870-5176 or for..."/>
Ruby Tuesday, Inc. to Host Fourth Quarter and Fiscal 2016 Earnings Conference Call
McDonald's Corporation today announced strategic charges for the quarter ended June 30, 2016.. In November 2015, the Company outlined plans to refranchise 4,000 restaurants by the end of 2018 and a net G&A savings target of $500 million, the vast majority of which is expected to be realized by the end of 2017. On a recent investor conference webcast, the Company indicated that it expected to incur strategic charges in the second quarter..."/>
McDonald's Announces Second Quarter Strategic Charges
Aramark will manage the MLB.com Shop at MLB All-Star FanFest, on behalf of Major League Baseball. Fans attending the 2016 MLB All-Star FanFest at the San Diego Convention Center in San Diego, CA will find a 35,000 square foot shopping experience fully stocked with the largest selection of official MLB All-Star and team apparel and souvenirs. Opening on Friday, July 8, the MLB.com Shop has over 1,000 different..."/>
Aramark to Open Retail Paradise with Gigantic MLB.com Shop at 2016 MLB All-Star FanFest
SeaWorld Entertainment, Inc. announced today that it will release its second quarter 2016 financial results before the market opens on Thursday, August 4, 2016. In conjunction with the release, the company has scheduled a conference call, which will be broadcast live over the internet, on Thursday, August 4, 2016 at 9 a.m. The release and the conference call can be accessed via the company's website at www.seaworldentertainment.com by..."/>
SeaWorld Entertainment, Inc. Announces Second Quarter 2016 Earnings Release Date And Conference Call Information
Compass Diversified Holdings, an owner of leading middle market businesses, announced today that its Board of Directors has declared a quarterly cash distribution of $0.36 per share. The distribution for the three months ended June 30, 2016 is payable on July 28, 2016 to all holders of record as of July 21, 2016.. Alan Offenberg, CEO of Compass Diversified Holdings, stated, "We are pleased to declare our second quarter distribution of $0.36 per..."/>
Compass Diversified Holdings Declares Second Quarter 2016 Distribution of $0.36 Per Share
Sonic Corp., the nation's largest chain of drive-in restaurants, today announced that its Board of Directors declared a quarterly cash dividend of $0.11 per share of common stock to be paid to shareholders of record as of the close of business on August 10, 2016, with a payment date of August 19, 2016.. Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination of the company's Board of..."/>
Sonic Declares Quarterly Dividend
Cabela's Incorporated announced today it is scheduled to release second quarter 2016 financial results before the market opens on Thursday, July 28, 2016. A conference call to discuss the results will be held at 11:00 a.m. ET that same morning. The call will be hosted by Tommy Millner, Chief Executive Officer, Scott Williams, President, and Ralph Castner, Executive Vice President and Chief Financial Officer."/>
Cabela’s Inc. Announces Earnings Date for Second Quarter Fiscal 2016 Financial Results
HSN, Inc. Appoints Fiona Dias to Board of Directors
Caesars Entertainment, for up to $4.3 billion. The deal was reported in the South Korean media on Tuesday. According to the report, Netmarble, which develops games for mobile and is controlled by CJ Group, sent a letter of intent offering to buy Playtika for 4-5 trillion Korean won."/>
BRIEF: Korean co Netmarble offers $3.4-4.3b for Playtika [Globes, Tel Aviv, Israel]
SIR Royalty Income Fund today declared a cash distribution of $0.095 per unit for the period June 1, 2016 to June 30, 2016. The distribution will be payable on July 29, 2016 to unitholders of record at the close of business on July 18, 2016.. About SIR Corp. SIR is a privately held Canadian corporation that owns and operates a portfolio of 59 restaurants and one seasonal retail outlet in Canada. SIR's Concept brands include: Jack Astor's Bar and Grill ®,..."/>
SIR Royalty Income Fund Announces July Distribution
Panasonic Appliances Air-Conditioning North America today announced the hiring of Allan Dziwoki, who will lead Panasonic's heating and cooling business in North America as Division Vice President& General Manager. In his new role, Mr. Dziwoki will be responsible for all operational activities for the heating and cooling business in the United States, including sales, marketing, service and engineering."/>
Panasonic Names Allan Dziwoki to lead HVAC Business in North America
Lithia Motors, Inc. announced its second quarter 2016 earnings will be released before the market opens on Thursday, July 28, 2016. A conference call to discuss the earnings results is scheduled for the same day at 11:00 a.m. Eastern Time. How to Participate The conference call may be accessed by telephone at 407-8029. To listen live on our website or for replay, visit www.lithiainvestorrelations.com and click on webcasts. About Lithia Lithia Motors, Inc...."/>
Lithia Schedules Release of Second Quarter 2016 Results
Dow Chemical Co. plans to build a 60,000- square-foot facility beginning this year. Manufacturing will begin in 2018 and provide 21 full-time jobs at the height of operation."/>
Dow Chemical facility coming to Burley [The Times-News, Twin Falls, Idaho]
Gannett Co. Inc. creates New Jersey's largest media company with a network of journalists stretching from Bergen County in the north to Cumberland County in the south. It is expected to give readers of the newspapers and digital sites access to more statewide news."/>
Gannett buys The Record, North Jersey Media Group [Asbury Park Press, N.J.]
ReachLocal, Inc.? Did you purchase any of your shares prior to June 27, 2016?"/>
REACHLOCAL, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
Sprint executives who predate chief executive Marcelo Claure, is retiring from the Overland Park-based wireless company. Her last day comes next week. Price had become senior vice president of human resources in May 2006 and most recently was executive vice president."/>
Sprint executive Sandy Price retires next week [The Kansas City Star]
Sears winds down operations in Scranton, the longtime retail behemoth a victim of changing tastes and trends. With just four days left, the store is mostly vacant. Remaining merchandise is compressed into a few quadrants of the store."/>
Viewmont Mall Sears in its last days [The Times-Tribune, Scranton, Pa.]

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