On Tuesday, Signet Jewelers Ltd.(NYSE:SIG)’s shares declined -2.86% to $134.05.
Signet Jewelers Limited (“Signet”) (NYSE and LSE: SIG), the world’s largest retailer of diamond jewelry, recently declared its results for the 13 weeks ended August 1, 2015 (“second quarter Fiscal 2016”).
Mark Light, Chief Executive Officer of Signet Jewelers, said, “Signet delivered a second quarter enhance in same store sales of 4.2%, earnings per share of $0.78, and adjusted earnings per share of $1.28, a 19.6% enhance. These results exceeded our same store sales and adjusted EPS guidance for the quarter. Results were driven by strong and compriseent sales growth across all of our selling channels, in addition to solid profitability and disciplined cost administration across our organization.
Second Quarter Fiscal 2016 Diluted Earnings per Share (“EPS”) Analysis:
Merged results in preceding year reflect the contribution of 26 fewer days year-over-year from the addition of Zale Corporation attained on May 29, 2014 (“the acquisition”). In addition, merged results reflect purchase accounting and transaction costs related to that acquisition.
Second quarter EPS was $0.78. EPS was unfavorably influenced by transaction costs principally due to the $34.2 million legal settlement of the Zale acquisition appraisal rights matters.
Signet Jewelers Limited engages in the retail sale of jewelry and watches in the United States, the United Kingdom, the Republic of Ireland, and the Channel Islands. Its Sterling Jewelers division operates stores in malls and off-mall locations under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared VaultTM, Jared Jewelry BoutiqueTM, Jared Vivid, JB Robinson Jewelers, Marks & Morgan Jewelers, Every kiss starts with Kay, He went to Jared, Celebrate Life. Express Love., the Leo Diamond, Hearts Desire, Artistry Diamonds, Charmed Memories, Diamonds in Rhythm, and Open Hearts by Jane Seymour names. As at January 31, 2015, it operated 1,504 stores in 50 states.
Qlik Technologies Inc(NASDAQ:QLIK)’s shares dropped -1.93% to $37.13.
Qlik® (QLIK), a leader in visual analytics, and Supply Chain Digest (SCDigest), the industry’s premier supply chain administration and logistics publication, recently declared the findings of a global study, Leveraging Supply Chain Data for Competitive Advantage. According to the study, the majority of recently’s supply chain analytics are “looking in the rearview mirror” when it comes to evaluating performance, but realize the potential value of adopting advanced analytics.
More than 40 percent of respondents said they are still almost exclusively backward looking when it comes to data analysis. However the vast majority expressed the belief that predictive analytics would bring value to users enabling them to leverage data at the point of decision. Additionally, more than 88 percent of respondents ranked advanced analytic capabilities as an outstanding or good opportunity for their organization. Respondents also noted that making improvements in data and analytic capabilities was either a high preceding or something they were already focused on doing.
Qlik Technologies Inc. provides user-driven business intelligence solutions that enable customers to make business decisions. The company develops, commercializes, and implements software products and related services. It offers QlikView, which enables business users to explore data; ask and answer their own stream of questions; and follow their own path to insight on their own, or collaborate across teams and organizations.
At the end of Tuesday’s trade, Brixmor Property Group Inc(NYSE:BRX)‘s shares dipped -1.23% to $22.54.
Brixmor Property Group Inc. (BRX) declared that its operating partnership, Brixmor Operating Partnership LP (the “Operating Partnership”), priced its formerly declared offering of $500 million aggregate principal amount of 3.875% Senior Notes due 2022 (the “Notes”). The Notes will be issued at 99.223% of par value with a coupon of 3.875%. Interest on the Notes is payable semi-annually on February 15 and August 15 of each year, commencing February 15, 2016. The Notes will mature on August 15, 2022. The offering is predictable to close on August 10, 2015, subject to customary closing conditions.
The Operating Partnership anticipates to use all or a portion of the net proceeds from this offering to refinance maturing indebtedness and for general corporate purposes. Deutsche Bank Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and RBC Capital Markets, LLC are acting as joint book-running managers for the offering.
Brixmor Property Group Inc. owns and operates various grocery-anchored community and neighborhood shopping centers in the United States. As of March 31, 2013, the company owned interests in 532 community and neighborhood shopping centers comprising 526 wholly owned community and neighborhood shopping centers; and 6 community and neighborhood shopping centers held through unconsolidated real estate joint ventures. Brixmor Property Group Inc. was formerly known as CENTRO SUPER RESIDUAL HOLDING 2 LLC.
GrubHub Inc (NYSE:GRUB), ended its Tuesday’s trading session with -4.84% loss, and closed at $25.17.
GrubHub Inc. (GRUB), the leading takeout marketplace, declared financial results for the quarter ended June 30, 2015.
Second Quarter 2015 Highlights
The following results reflect the financial performance and key operating metrics of our business for the three months ended June 30, 2015 as contrast to the same period in 2014.
Second Quarter Financial Highlights
- Revenues: $88.0 million, a 47% year-over-year enhance from $60.0 million in the second quarter of 2014.
- Non-GAAP Adjusted EBITDA: $28.4 million, a 68% year-over-year enhance from $16.9 million in the second quarter of 2014.
- Net Income: $9.4 million, or $0.11 per diluted share, a 247% year-over-year enhance from $2.7 million, or $0.03 per diluted share, in the second quarter of 2014.
- Non-GAAP Net Income: $15.0 million, or $0.17 per diluted share, a 146% year-over-year enhance from $6.1 million, or $0.07 per diluted share.
GrubHub Inc., together with its auxiliaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the United States. The company connects about 30,000 local restaurants with diners in about 800 cities. It operates GrubHub and Seamless Websites through grubhub.com and seamless.com.
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