Industry News

Skullcandy, Inc., which creates world-class audio experiences through its Skullcandy ® and Astro Gaming ® brands, announced that, on August 17, 2016, Skullcandy received a written proposal from Mill Road Capital Management LLC to acquire Skullcandy for $6.35 per share in cash. Later that day, on August 17, 2016, Skullcandy’ s Board of Directors, after consultation with its outside legal counsel and financial advisors, determined that the August 17..."/>
Skullcandy Board of Directors Determines Revised Proposal from Mill Road Capital Management at $6.35 per Share is Superior to Incipio Transaction
East Bay Times Troy Wolverton column [East Bay Times]
Movado Group, Inc., invites investors to listen to a broadcast of the Company's conference call to discuss second quarter fiscal year 2017 earnings results on Thursday, August 25, 2016 at 9:00 a.m. A press release detailing the Company’ s second quarter fiscal year 2017 results will be issued before the market opens and prior to the call. The conference call will be hosted by Efraim Grinberg, Chairman and Chief Executive Officer, Ricardo Quintero, President, and..."/>
Movado Group, Inc. Announces Date of Conference Call and Webcast for Second Quarter Fiscal Year 2017 Results
Dollar Tree, Inc., North America's leading operator of discount variety stores, will host its conference call for investors and analysts to discuss financial results for the second quarter ended July 30, 2016.."/>
Dollar Tree, Inc. to Host Second Quarter Earnings Conference Call
Sypris Solutions Inc on Thursday revealed that James M. Long has been promoted as vice president and general manager of its subsidiary, Sypris Electronics LLC as of 16 August 2016.. Based in Tampa, Florida, Long will report to the president and chief executive officer Jeffrey T. Gill. Since 2010, Long served as VP of Operations of Sypris Electronics LLC and before joining the company, he was based in Shenzhen, China for three years and served as VP and general manager of Optical..."/>
Sypris announces promotion of James M. Long as VP and general manager
Staples Inc on Wednesday reported a GAAP net loss of USD766m, or USD1.18 per share, for the second quarter of 2016, ended 30 July 2016.. This was a decline over GAAP net income of USD36m, or USD0.06 per diluted share, in Q2 of 2015.. Total company sales for the quarter were USD4.75bn, down by 3.7% as compared with USD4.94bn in the second quarter of 2015.."/>
Staples swings to loss in Q2 2016
Dick's Sporting Goods Inc., SeaWorld Entertainment Inc., ClubCorp Holdings Inc., and Planet Fitness Inc.."/>
How These Services Stocks are Faring? -- Dick's Sporting Goods, SeaWorld Entertainment, ClubCorp, and Planet Fitness
Target Corporation, the operator of Target stores, on Wednesday reported net earnings of USD680m, or diluted EPS of USD1.16, for the second quarter of 2016.. This was a 9.7% decline over net earnings of USD753m, or a 1.4% decline over diluted EPS of USD1.18, in Q2 of 2015.. Sales for the quarter were USD16.17m, down by 7.2% as compared with USD17.42m in Q2 of the prior year."/>
Target posts net earnings of USD680m in Q2 2016
Perry Ellis International, Inc. today reported second quarter results for the period ended July 30, 2016.. Key Fiscal Second Quarter 2017 Financial and Operational Highlights:. Adjusted diluted EPS totaled $0.15, above guidance and compared to $0.31 per diluted share in comparable period of prior year. Diluted GAAP loss per share of $0.24 as compared to $0.09 in comparable period of prior year. Gross margin expanded to 36.6% as compared to 35.6% in prior year...."/>
Perry Ellis International Reports Second Quarter Fiscal 2017 Results
Johnson Controls and Irish fire and security firm Tyco have approved the proposed merger of the two companies in separate special meetings, the companies said. The merger is expected to be completed on2 September. In January, the companies entered into a definitive merger agreement under which the firms will combine in a deal worth USD 14 bn."/>
Tyco, Johnson Controls Win Shareholder Nods for USD 14bn Tie-Up
Skullcandy, Inc. at a price of USD 5.75 per share, net to the seller in cash, the company said. The tender offer, which was previously scheduled to expire at midnight EDT at the end of the day on 17 August 17, has been extended until midnight EDT..."/>
Incipio Extends Tender Offer for Audio Device Maker Skullcandy
Garmin International Inc., a unit of Garmin Ltd., today announced Face-It, a watch face app that lets Connect IQ compatible wearable users customize their watch face with any photo from their mobile device 1. Users simply download the free app from either the App Store? or on Google Play™, then select an image from their photo library, choose their clock style and send it wirelessly to their device for a completely customized watch face. “We’ re excited to announce the..."/>
Introducing Face-It™ – a custom watch face app for Connect IQ™ devices from Garmin®
Liberty Interactive Corporation announced today that its wholly owned subsidiary Liberty Interactive LLC has priced and agreed to sell to initial purchasers in a private offering $675 million aggregate principal amount of its 1.75% exchangeable senior debentures due 2046. The Company has also granted to the initial purchasers an option to purchase additional debentures with an aggregate principal amount up to $75 million. Upon an exchange of..."/>
Liberty Interactive Prices Private Offering of $675 Million of 1.75% Exchangeable Senior Debentures due 2046
Cato Corporation today reported net income of $15.9 million or$. 57 per diluted share for the second quarter ended July 30, 2016, compared to net income of $15.6 million or$. 56 per diluted share for the second quarter ended August 1, 2015. Net income increased 2% and earnings per diluted share increased 2% for the quarter. Sales for the second quarter were $236.7 million, or a decrease of 5% from sales of $249.2 million for the second quarter..."/>
Cato Reports 2Q EPS Up 2%
Staples, Inc. is offering the lowest prices on technology this back-to-school season. Top brand laptops as low as $249.99, earbuds as low as $7 and an exclusive bundle deal on the Microsoft Surface Pro 4 help parents and students get back to school on budget."/>
Staples Offers Lowest Prices on Technology with Top Brand Laptops as low as $249.99 and Free Tech Support with Purchase
Cinemark Holdings, Inc., one of the largest motion picture exhibitors in the world, announced today that its Board of Directors has declared a cash dividend for the second quarter of 2016 of $0.27 per share of common stock. The dividend will be paid on September 13, 2016 to stockholders of record on August 31, 2016.. Cinemark is a leading domestic and international motion picture exhibitor, operating 522 theatres with 5,888 screens in 41 U.S. states, Brazil, Argentina, and..."/>
Cinemark Declares Quarterly Cash Dividend of $0.27
Burlington Stores, Inc., a nationally recognized off-price retailer of high-quality, branded apparel at everyday low prices, will release its second quarter 2016 results before the U.S. stock market opens on Thursday, August 25, 2016. The Company will also hold a conference call to discuss results at 8:30 a.m. that day. The U.S. toll free dial-in for the conference call is 1-877-407-0789 and the international dial-in number is 1-201-689-8562. A live webcast..."/>
Burlington Stores, Inc. Announces Second Quarter 2016 Earnings Release Date and Conference Call and Webcast
Stage Stores, Inc. today reported financial results for the second quarter ended July 30, 2016 and affirmed guidance for the fiscal year. “Our second quarter results were hurt by a challenging retail environment and continued regional pressure from depressed oil prices and the weak peso. That said, we are pleased with our flat merchandise margins, rigorous expense controls, and strong inventory management,” said Michael Glazer, President and Chief Executive Officer.“..."/>
Stage Stores Reports Second Quarter Earnings and Declares Quarterly Cash Dividend
Bon-Ton Stores, Inc. today reported operating results for its fiscal second quarter ended July 30, 2016, and reaffirmed its earnings guidance for the full year fiscal 2016.. Results for the Second Quarter Ended July 30, 2016. Comparable store sales decreased 2.0% as compared with the prior year period. Net loss was $38.7 million, or $1.95 per diluted share, compared with net loss of $39.6 million, or $2.01 per diluted share, in the second quarter of fiscal..."/>
Bon-Ton Stores, Inc. Reports Second Quarter Fiscal 2016 Results

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