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Steinhoff Settles German Litigation With Seifert Entities

Thursday, 26 Apr 2018

April 26 (Reuters) - Steinhoff International Holdings Nv ::SETTLEMENT OF GERMAN LITIGATION WITH SEIFERT ENTITIES.SETTLEMENT OF GERMAN LITIGATION WITH SEIFERT ENTITIES.AT HEARING, PARTIES AGREED, IN PRINCIPLE, TO SETTLE MATTER ON ACCEPTABLE TERMS..GROUP WOULD NO LONGER CONTEST VALIDITY OF FORFEITURE OF SEIFERT ENTITIES' EXISTING 50% INTEREST IN POCO.POCO BUSINESS WILL RETAIN DEBT OF APPROXIMATELY EUR 140 MILLION, WITH NO RECOURSE TO GROUP.SEIFERT ENTITIES OFFERED TO ACQUIRE GROUP'S REMAINING INTEREST IN POCO BASED ON AGREED EQUITY VALUATION OF EUR 532.5 MILLION FOR 100% OF EQUITY.

Steinhoff Says Van Zyl Resigns From Supervisory Board

Wednesday, 18 Apr 2018

April 18 (Reuters) - Steinhoff ::DGAP-NEWS: STEINHOFF INTERNATIONAL HOLDINGS N.V. : SUPERVISORY BOARD CHANGE.JOHAN VAN ZYL HAS RESIGNED HIS POSITION AS SUPERVISORY BOARD MEMBER OF COMPANY WITH IMMEDIATE EFFECT.RESOLUTION IN RESPECT OF VAN ZYL'S REAPPOINTMENT WILL NOT BE PUT TO SHAREHOLDERS AT AGM.

Steinhoff International Appoints Richard Heis As Chief Restructuring Officer

Thursday, 15 Feb 2018

Feb 15 (Reuters) - Steinhoff International Holdings Nv ::‍ANNOUNCE APPOINTMENT OF RICHARD HEIS AS CHIEF RESTRUCTURING OFFICER FOR GROUP​.‍RICHARD WAS PREVIOUSLY GLOBAL HEAD OF RESTRUCTURING AT KPMG​.

Pier 1 Imports Q2 GAAP loss per share $0.10

Thursday, 28 Sep 2017

Sept 27 (Reuters) - Pier 1 Imports Inc :Pier 1 Imports Inc reports second quarter fiscal 2018 financial results.Q2 adjusted non-GAAP loss per share $0.05.Q2 GAAP loss per share $0.10.Q2 sales $407.6 million versus I/B/E/S view $406.5 million.Q2 same store sales rose 1.8 percent.Q2 earnings per share view $-0.06 -- Thomson Reuters I/B/E/S.Provides updated financial guidance​.Qtrly company comparable sales increased 1.8%.Sees ‍Q3 comparable sales growth down 2% to flat​.Inventories at end of Q2 of fiscal 2018 decreased 5.0% to $457.3 million, compared to $481.3 million a year ago.Sees ‍Q4 comparable sales growth flat to 2%​.Company expects to close a total of approximately 20 to 25 stores in fiscal 2018.Sees ‍Q3 earnings per share $0.08 to $0.14​.Sees ‍Q4 earnings per share $0.34 to $0.44​.Sees Q4 adjusted earnings per share ‍$0.36 to $0.46.Sees ‍Q3 net sales loss of 3% to 1%.Sees Q4 net sales growth 5% to 7%.Sees ‍FY 2018 capital expenditures of approximately $55 million​.Q3 earnings per share view $0.20, revenue view $475.3 million -- Thomson Reuters I/B/E/S.

Bed Bath & Beyond reports Q2 earnings per share $0.67

Wednesday, 20 Sep 2017

Sept 20 (Reuters) - Bed Bath & Beyond Inc :Bed Bath & Beyond Inc reports results for fiscal 2017 second quarter.Q2 earnings per share $0.67.Q2 earnings per share view $0.95 -- Thomson Reuters I/B/E/S.Q2 sales $2.9 billion versus I/B/E/S view $3.01 billion.Bed Bath & Beyond Inc - declared a quarterly dividend of $.15 per share, to be paid on January 16, 2018.Bed Bath & Beyond Inc - qtrly ‍comparable sales decrease of approximately 2.6 pct​.Bed Bath & Beyond Inc - ‍company provides update on ongoing transformational initiatives​.Bed Bath & Beyond Inc - qtrly ‍net sales down by approximately 1.7 pct​.Bed Bath & Beyond Inc - initiatives ‍should produce savings in excess of $150 million over next few years​.Bed Bath & Beyond Inc - estimated costs associated with impact of Hurricane Harvey of approximately $.02 per diluted share in quarter.Bed Bath & Beyond Inc - ‍company is now modeling net earnings per diluted share for full year to be about $3.00​.Bed Bath & Beyond Inc - qtrly ‍earnings had unfavorable impact of approximately $0.02 per diluted share​ associated with impact of Hurricane Harvey.

Haverty Furniture Q2 same store sales fell 0.2 pct

Friday, 7 Jul 2017

July 7 (Reuters) - Haverty Furniture Companies Inc :Havertys reports sales for second quarter.Q2 same store sales fell 0.2 percent.Q2 sales $196.8 million versus I/B/E/S view $199 million.Haverty Furniture- sales late in quarter lower than last year partly due to shifting 1 week of july 4 sale event promotional advertising to after holiday this year​.Haverty Furniture Companies Inc - stores are closed for easter and negative impact on Q2 written sales is estimated at 1.2%.Haverty Furniture Companies Inc - ‍on a comparable store basis, sales increased 0.7% for first six months.​.Haverty Furniture - after adjusting for easter shift, total written sales for Q2 2017 were up 0.6% and written comparable store sales were down 0.7%.

Dunelm Group total Q4 revenue rose by 17.7 pct to 240 mln stg

Friday, 7 Jul 2017

July 7 (Reuters) - Dunelm Group Plc : :Total revenue for Q4 rose by 17.7% to £240.0m.Q4 total revenue, excluding worldstores, rose by 6.7% to £217.4m.Q4 total like-for-like (LFL) growth (combining LFL stores and home delivery) grew by 3.8%.Anticipate that pre-exceptional profit before tax for 52 weeks ended 1st July 2017 will be in range of £109.0m - £111.0m.Net debt at year-end is expected to be in region of £127m.Expecting approximately 1.5% of LFL sales to move from third to Q4.Expectation is that gross margin for full year will be broadly flat compared to prior year.For full year, group gross margin is expected to be around 49.0%.Exceptional items relating to acquisition are expected to be around £17m for financial year.Expect a further c£7m of exceptional items in next financial year.

Bed Bath & Beyond reports Q1 earnings per share $0.53

Friday, 23 Jun 2017

June 22 (Reuters) - Bed Bath & Beyond Inc -:Bed Bath & Beyond Inc. Reports results for fiscal 2017 first quarter.Q1 earnings per share $0.53.Q1 earnings per share view $0.66 -- Thomson Reuters I/B/E/S.Q1 sales $2.7 billion versus i/b/e/s view $2.79 billion.Bed Bath & Beyond Inc says board of directors declares quarterly dividend of $.15 per share.Qtrly comparable sales decrease of approximately 2.0%.Says after q2, company believes it will have better visibility to full-year.Bed Bath & Beyond - at this time, co is not updating its full year modeling assumptions provided during april.Bed Bath & Beyond Inc - is not updating full year modeling assumptions provided during april 5, 2017 conference call with analysts and investors.Bed Bath & Beyond says it did experience increased softness in transactions in stores during quarter.Bed Bath & Beyond Inc - remains to be seen whether challenges in q1 were more pronounced in, or unique to q1.Bed Bath & Beyond says it also did experience higher net-direct-to-customer shipping expense, coupon expense, and advertising costs during the quarter.

At Home Group sees FY 2018 sales up 18 to 19 pct

Wednesday, 7 Jun 2017

June 7 (Reuters) - At Home Group Inc ::At Home Group Inc announces first quarter fiscal 2018 financial results.Q1 adjusted pro forma earnings per share $0.19.Q1 earnings per share $0.16.Q1 same store sales rose 5.8 percent.Q1 earnings per share view $0.19 -- Thomson Reuters I/B/E/S.Q1 sales $211.8 million versus I/B/E/S view $208.7 million.Sees FY 2018 sales up 18 to 19 percent.Sees FY 2018 sales $906 million to $913 million.At Home Group Inc says raises fiscal 2018 net sales outlook; raises midpoint of fiscal 2018 EPS range.Sees FY 2018 ‍comparable store sales increase of approximately 3.0%​.At Home Group Inc says FY EPS is expected to be in a range of $0.62 to $0.64, with pro forma adjusted EPS in a range of $0.73 to $0.75.At Home Group Inc sees net capital expenditures to be in a range of $110 million to $130 million for fiscal 2018.At Home Group Inc - fiscal 2018 net sales outlook based on 28 gross, 25 net new store openings, assumed comparable store sales increase of about 3.0%.Fy2018 earnings per share view $0.75, revenue view $913.0 million -- Thomson Reuters I/B/E/S.At Home Group Inc - ended Q1 with 129 stores in 31 states, which represents a 21.7 percent increase in total stores since April 30, 2016.At Home Group Inc - net inventories as of April 29, 2017 increased 43.7 percent to $252.1 million versus $175.5 million as of April 30, 2016.

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