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Winmark Corporation Announces Third Quarter Results

9:57pm IST

Oct 16 (Reuters) - Winmark Corp ::WINMARK CORPORATION ANNOUNCES THIRD QUARTER RESULTS.Q3 EARNINGS PER SHARE $2.24.QTRLY REVENUE $19.7 MILLION VERSUS $19.1 MILLION.DURING 2019, PACE OF NEW EQUIPMENT PURCHASES IN LEASING BUSINESS HAS SLOWED AND SIZE OF PORTFOLIO HAS DECLINED.

XXL Announces Preliminary Q3 Results, Proposes New Chairman

Tuesday, 15 Oct 2019

Oct 15 (Reuters) - XXL ASA ::Q3 2019 PRELIMINARY RESULTS AND FULLY SUBSCRIBED PRIVATE.XXL ASA ("XXL" OR "COMPANY") TODAY ANNOUNCES PRELIMINARY RESULTS FOR Q3 2019.REVENUES FOR QUARTER ARE EXPECTED TO BE APPROXIMATELY NOK 2,470 MILLION.PRIOR TO EFFECTS OF RAISING NEW EQUITY, NET DEBT IS ESTIMATED TO BE AT APPROXIMATELY NOK 1,870 MILLION AND NET DEBT/EBITDA WILL BE SLIGHTLY BELOW LOAN COVENANT AT 4.25X.XXL HAS INITIATED ACTIONS TO IMPROVE FINANCIAL SITUATION IN COMPANY IN NEAR TERM.Q3 2019 RESULTS ARE AFFECTED BY CONTINUED NEGATIVE LIKE-FOR-LIKE GROWTH OF AROUND 4 PER CENT.IN ADDITION, XXL WILL IMPLEMENT SEVERAL COST INITIATIVES. LONG-TERM AMBITION OF REDUCING INVENTORY DOWN TOWARDS NOK 25 MILL.SEPTEMBER PROVED TO BE A VERY CHALLENGING MONTH.LONG-TERM AMBITION OF REDUCING INVENTORY DOWN TOWARDS NOK 25 MILLION PER STORE REMAINS FIRM, WHICH, IF SUCCESSFUL, WILL STRENGTHEN BALANCE SHEET SIGNIFICANTLY.BOARD OF DIRECTORS WILL PROPOSE A SUBSEQUENT OFFERING OF APPROXIMATELY NOK 100 MILLION TO SHAREHOLDERS NOT ALLOCATED SHARES IN PRIVATE PLACEMENT ( "SUBSEQUENT OFFERING").LOWER SALES VOLUMES HAVE IMPACTED GROSS MARGINS NEGATIVELY AS EXPECTED CONTRIBUTION FROM SUPPLIER VOLUME BONUSES IS SIGNIFICANTLY LOWER THAN LAST YEAR.Q3 GROSS MARGIN EXPECTED OF APPROXIMATELY 37 PER CENT AND AN EBITDA IN RANGE OF NOK 130-135 MILLION EXCLUDING IFRS 16 EFFECTS (NOK 265-275 MILLION INCLUDING IFRS 16).IN NORWEGIAN OPERATION LIKE-FOR-LIKE GROWTH IN QUARTER IS DOWN ABOUT 10 PER CENT.

Sports Direct Issues Media Statement

Monday, 14 Oct 2019

Oct 14 (Reuters) - Sports Direct International PLC ::SPORTS DIRECT INTL. - MEDIA STATEMENT.SPORTS DIRECT - BELIEVES SPORTS INDUSTRY AS A WHOLE "WOULD BENEFIT FROM A WIDE MARKET REVIEW BY APPROPRIATE AUTHORITIES IN BOTH UK AND EUROPE".

Long4Life Reports HY HEPS Of 14.5 Cents

Monday, 14 Oct 2019

Oct 14 (Reuters) - Long4Life Ltd ::LONG4LIFE - HY SALES R1.838 BILLION, UP 20%.LONG4LIFE LTD REPORTS HY HEPS OF R14.5 CENTS .JSE: L4L - INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2019.LONG4LIFE LTD - TRADING ENVIRONMENT IS EXPECTED TO REMAIN DIFFICULT WITH CONSTRAINED CONSUMER SPENDING.LONG4LIFE - MANAGEMENT REMAINS CONFIDENT OF GROUP'S ABILITY TO EXECUTE IN TERMS OF ITS STRATEGIC IMPERATIVES.

Euroeyes International Eye Clinic Says Offer Price For Offering Is HK$7.50 Per Share

Monday, 14 Oct 2019

Oct 14 (Reuters) - Euroeyes International Eye Clinic Ltd <1846.HK>::DETERMINES OFFER PRICE FOR PUBLIC OFFERING AT HK$7.50 PER SHARE.SEES NET PROCEEDS FROM OFFERING TO BE ABOUT HK$526.7 MILLION.

Baby Bunting Group Says FY20 Earnings Guidance Remains Unchanged

Tuesday, 8 Oct 2019

Oct 8 (Reuters) - Baby Bunting Group Ltd ::FY20 EARNINGS GUIDANCE REMAINS UNCHANGED.Q1 FY20 GROSS PROFIT MARGIN IS 36.6% YEAR-TO-DATE, UP 270 BASIS POINTS ON PRIOR PERIOD.COMPARABLE STORE SALES GROWTH (YEAR-TO-DATE) OF 3.1%, REFLECTS CYCLING OF UNUSUAL TRADING CONDITIONS IN Q1 FY19.TARGETS NEW STORE OPENINGS THIS FY OF BETWEEN 5 OR 6 NEW STORES.

Sports Direct Says Working On Ongoing Investment Programme With House Of Fraser Brand

Monday, 7 Oct 2019

Oct 7 (Reuters) - Sports Direct International PLC ::MEDIA STATEMENT RE HOUSE OF FRASER.ENTERED INTO NEW LEASES ON MAJORITY OF HOUSE OF FRASER STORES.SPORTS DIRECT CONTINUES TO WORK WITH LANDLORDS ACROSS WHOLE OF REMAINING HOUSE OF FRASER ESTATE.TAKING LEGAL ADVICE WITH REGARDS TO MEDIA REPORTS ON HOF STORES.WORKING ON ONGOING INVESTMENT PROGRAMME WITH HOF BRAND.INCORRECT TO ASSUME THAT THERE WILL BE LARGE NUMBERS OF STORE CLOSURES IN NEW YEAR FOR HOF BRAND.

Office Depot Extends Non-Recourse Debt To Align Maturity With Associated Timber Note Receivable

Tuesday, 1 Oct 2019

Sept 30 (Reuters) - Office Depot Inc ::OFFICE DEPOT EXTENDS NON-RECOURSE DEBT TO ALIGN MATURITY WITH ASSOCIATED TIMBER NOTE RECEIVABLE.OFFICE DEPOT INC - $735 MILLION BRIDGE LOAN TO INDIRECT SUBSIDIARY REMAINS NON-RECOURSE TO OFFICE DEPOT, INC..OFFICE DEPOT INC - JANUARY 2020 BRIDGE LOAN MATURITY ALIGNS WITH MATURITY OF EXISTING $817.5 MILLION TIMBER NOTE RECEIVABLE.OFFICE DEPOT INC - COMPANY EXPECTS TO RECEIVE NET PRETAX CASH INFLOW OF APPROXIMATELY $82.5 MILLION UPON FINAL MATURITY.OFFICE DEPOT - PROCEEDS OF BRIDGE LOAN WILL BE USED TO REFINANCE EXISTING $735 MILLION NON-RECOURSE DEBT OBLIGATION SCHEDULED TO MATURE ON OCTOBER 31.

Goals Soccer Centres Confirms Been No Material Developments In Ongoing Dialogue With HMRC

Monday, 30 Sep 2019

Sept 30 (Reuters) - Sports Direct International PLC ::CONTINUES TO WORK WITH ADVISORS ON RESOLVING ANY MISDECLARATION OF VAT, AND IN ESTABLISHING A FINAL VALUE OF MONEY OWED TO HMRC.HISTORICALLY STATED THAT IT BELIEVES POTENTIAL MISDECLARATION OF VAT TO BE £12M, EXCLUDING INTEREST AND PENALTIES.COMPANY CONFIRMS THAT THERE HAVE BEEN NO MATERIAL DEVELOPMENTS IN ONGOING DIALOGUE WITH HMRC..CONTINUES TO EXPECT LISTING OF ORDINARY SHARES ON AIM TO CEASE, WITH A CANCELLATION EFFECTIVE FROM 30 SEPTEMBER.IN DUE COURSE, DIRECTORS TO SEEK TO ESTABLISH OFF-MARKET TRADING FACILITY.PROCESS TO INVITE OFFERS FOR BUSINESSES, OFFER FROM SPORTS DIRECT TO BE UNAFFECTED BY CANCELLATION OF LISTING OF ORDINARY SHARES.

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