The current week has witnessed roughly 25 retail companies reporting their quarterly results.The results are provided below in a
nutshell:
This Week's 25
Advance Auto Parts, Inc. (NYSE:
AAP) reported Q2 EPS of $1.91 versus the estimated $2.12 estimates and revenue of
$2.26 billion versus the estimated $2.24 billion.
American Eagle Outfitters (NYSE:
AEO) results for Q2 topped estimates and offered in-line guidance.
Buckle
Inc (NYSE:
BKE) reported lower-than-expected EPS and
sales for the second quarter.
Cato Corp (NYSE:
CATO) reported EPS of $0.57 versus the estimated $0.54 and sales at $236.7 million
versus the estimated $244.3 million.
Childrens Place Inc (NASDAQ:
PLCE) reported better-than-expected Q2 results and offered an upbeat outlook.
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Citi Trends, Inc. (NASDAQ:
CTRN) suffered a smaller loss of $0.01 than analysts' estimate of $0.06 loss a
share. Revenue of $155.3 million exceeded the Street's estimates of $153.2 million.
Dicks Sporting Goods Inc
(NYSE:
DKS)'s Q2 results topped estimates and boosted its
outlook.
Foot Locker, Inc. (NYSE:
FL) delivered
better-than-expected Q2 results.
Gap Inc (NYSE:
GPS) disclosed better-than-expected Q2 results. However, it offered weak guidance.
Hibbett Sports, Inc. (NASDAQ:
HIBB)
revealed Q2 EPS of $0.29 versus the estimated $0.27 and sales of $206.9 million versus the estimated $209 million. The company
narrowed the FY17 EPS forecast from $2.90–$3.04 to $2.92–$3.02 versus the estimated $2.98.
Home Depot Inc (NYSE:
HD) reported in-line EPS of $1.97 and revenue $26.472 billion
versus the $26.49 billion estimate. The retailer reaffirmed its sales outlook for FY2016.
L Brands Inc (NYSE:
LB) reported EPS of $0.70 versus the $0.59 estimate. Revenue
came in at $2.89 billion, ahead of the estimated $2.87 billion. The company sees FY EPS at $3.70–$3.85 versus the estimated $3.80.
Lowe's Companies, Inc. (NYSE:
LOW) announced
Q2 EPS of $1.31 versus the $1.41 estimate and revenue of $18.26 billion versus the $18.45 billion estimate. The company sees FY EPS
of $4.06 versus the estimated $0.06.
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Perry Ellis International, Inc. (NASDAQ:
PERY) revealed better-than-expected Q2 results while
maintaining its full-year forecast.
Ross Stores, Inc. (NASDAQ:
ROST) revealed Q2 EPS of $0.71 versus the $0.67 estimate and revenue at $3.18
billion versus the estimated $3.13 billion.
SpartanNash Co (NASDAQ:
SPTN) reported Q2 EPS of $0.47 versus the $0.57 estimate and revenue of $1.83
billion versus the $1.8 billion estimate. The company maintains its previously issued FY16 forecast.
Sportsman's Warehouse
Holdings Inc (NASDAQ:
SPWH) revealed Adj. EPS of
$0.20 versus the $0.16 estimate and sales of $189.8 million versus the $181.6 million estimate. The company expects FY16 Adj. EPS
of $0.70–$0.76 versus the $0.72 estimate and sales at $780 million–$790 million versus the estimated $781.8 million.
Stage
Stores Inc (NYSE:
SSI) reported Q2 Adj. EPS of $0.03
versus the estimated $0.05 and sales of $338.4 million, below the estimated $347.1 million. The company affirmed FY16 Adj. EPS
forecast of $0.20–$0.40.
Staples, Inc. (NASDAQ:
SPLS) reported in-line Q2 EPS of $0.12. Revenue came in at $4.75 billion versus the
$4.77 billion estimate.
Stein Mart, Inc. (NASDAQ:
SMRT) disclosed Q2 EPS of $0.06 versus the $0.07 estimate and revenue at $319.8
million versus the $324 million estimate.
Target Corporation (NYSE:
TGT) reported Q2 EPS of $1.23 versus the estimated $1.12 while revenue came in
slightly below the estimated $16.18 billion at $16.17 billion. The company cut its Q3 EPS outlook and sees FY EPS at $4.80–$5.20
versus the estimated $5.12.
TJX Companies Inc (NYSE:
TJX) reported better-than-estimated Q2 results. However, it offered a soft outlook.
Tuesday Morning Corporation (NASDAQ:
TUES)
reported better-than-expected Q2 EPS. However, sales missed.
Urban Outfitters, Inc. (NASDAQ:
URBN) reported better-than-estimated Q2 results.
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Wal-Mart Stores, Inc.
(NYSE:
WMT) reported better-than-expected results and boosted
its outlook.
On Friday, the SPDR S&P Retail (ETF) (NYSE: XRT) traded up by 0.11 percent to $45.84.
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