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Appliance Recycling Centers of America ( ARCI ) |
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Retail
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Written by Editor
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Tuesday, 07 May 2013 09:53 |
Appliance Recycling Centers of America Reports First Quarter Operating Results
Company Posts Revenue Increase, Returns to Profitability
Appliance Recycling Centers of America, Inc. (ARCI), a leading provider of appliance retailing and recycling services, today reported operating results for the first quarter ended March 30, 2013.
Total revenues increased 3.3% to $30.4 million versus $29.4 million for the first quarter of 2012. Overall, the Company reported consolidated net income of $0.2 million, or $0.03 per diluted share, compared with near-breakeven results in the first quarter of 2012.
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Orchard Supply Hardware Stores Corporation ( OSH ) |
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Retail
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Written by Editor
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Monday, 29 April 2013 08:51 |
Orchard Supply Hardware Stores Corporation Provides Update on Term Loan Lender Negotiations and First Quarter Fiscal 2013 Comparable Store Sales
60-Day Extension to June 30, 2013 for Date to Reach Agreement with Term Loan Lenders
First Quarter Fiscal 2013 Comparable Store Sales Expected to Increase 9.0% to 11.0%
Orchard Supply Hardware Stores Corporation (OSH), a neighborhood hardware and garden store focused on paint, repair and the backyard, today provided the following update on its efforts to improve its capital structure and expected comparable store sales for the first quarter of fiscal 2013:
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Overstock.com Inc ( OSTK ) |
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Retail
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Written by Editor
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Thursday, 18 April 2013 08:02 |
Overstock.com Reports Q1 2013 Results
Q1 2013 net income of $7.7 million and 19% revenue growth
Overstock.com, Inc. (OSTK) today reported financial results for the quarter ended March 31, 2013.
Key Q1 2013 metrics (comparison to Q1 2012):
- Revenue: $312.0M vs. $262.4M (19% increase);
- Gross margin: 18.9% vs. 18.1% (80 basis point increase);
- Gross profit: $58.9M vs. $47.5M (24% increase);
- Sales and marketing expense: $18.7M vs. $14.5M (29% increase);
- Contribution (non-GAAP measure): $40.2M vs. $33.0M (22% increase);
- G&A/Technology expense: $33.2M vs. $30.5M (9% increase);
- Net income: $7.7M vs. $2.7M ($5.0M increase); and
- Diluted EPS: $0.32/share vs. $0.12/share ($0.20/share increase).
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Dollarama Inc ( DOL ) |
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Retail
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Written by Editor
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Friday, 12 April 2013 10:36 |
Dollarama reports record results for fiscal 2013 and increases dividend by 27%
Dollarama Inc. (TSX:DOL ) ("Dollarama" or the "Corporation") today reported significant increases in sales and net earnings for the quarter and fiscal year ended February 3, 2013.
Financial and Operating Highlights
All comparative figures below and in the "Financial Results" section that follows are for the fourth quarter and fiscal year ended February 3, 2013 compared to the fourth quarter and fiscal year ended January 29, 2012.
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Hot Topic Inc ( HOTT ) |
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Retail
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Written by Editor
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Thursday, 07 March 2013 10:06 |
Sycamore Partners to Acquire Hot Topic, Inc. for $14.00 Per Share in Cash
Transaction Valued at $600 Million
Hot Topic, Inc. (NASDAQ Global Select Market: HOTT) (“Hot Topic” or the “Company”) and Sycamore Partners today announced that they have entered into a definitive agreement pursuant to which Sycamore Partners will acquire Hot Topic for $14.00 per share in cash, or a total of approximately $600 million. The agreement, which has been unanimously approved by Hot Topic’s Board of Directors, represents a premium of approximately 30% over Hot Topic’s closing stock price on March 6, 2013.
Lisa Harper, Chief Executive Officer and Chairman of the Board of Hot Topic, said, “We are pleased that this transaction will allow us to deliver positive results for our shareholders. In addition, we are very excited about the future growth for the company and know that Sycamore Partners will provide great resources and expertise to us as we operate as a private company.”
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