On Friday, Shares of Lululemon Athletica inc. (NASDAQ:LULU), gained 1.09% to $61.16.
Lululemon Athletica, declared the resignation of Delaney Schweitzer, Executive Vice President, Global Retail, effective May 29, 2015.
“As Delaney starts this next chapter of her life, we remain committed to creating the incredible future we both envision for our company and people. Delaney leaves behind an exceptional bench of talent who are deeply ingrained in our culture and will continue to lead our retail operations. On behalf of our entire lululemon collective, I offer our profound gratitude for all of Delaney’s contributions and extend our heartfelt wishes for great success as she fulfills her vision and aims on this new road ahead,” said Laurent Potdevin, CEO of lululemon athletica.
lululemon athletica inc., together with its auxiliaries, designs, manufactures, and distributes athletic apparel and accessories for women, men, and female youth. It operates through two segments, Corporate-Owned Stores and Direct To Consumer.
Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO), declined -1.34% to $ 27.26, during its last trading session.
Take-Two Interactive Software, declared that Strauss Zelnick, the Company’s Chairman and Chief Executive Officer, plans to present at the Cowen and Company 43rd Annual Technology Media & Telecom Conference in New York City. The Company’s presentation is planned for Thursday, May 28, 2015 at 9:30 a.m. Eastern Time. A link to the live webcast of the presentation will be accessible via the Company’s website at http://ir.take2games.com. A replay of the presentation will be archived and accessible at the same location.
Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels.
At the end of Friday’s trade, Shares of Ascena Retail Group Inc (NASDAQ:ASNA), lost -0.59% to $ 15.08.
Ascena Retail Group, stated results for the fiscal first quarter of 2015 ended May 2, 2015. The Company also offered its outlook for the second quarter and updated its outlook for the full year of fiscal 2015.
For the first quarter of fiscal 2015, the Company stated GAAP earnings per diluted share of $0.29, contrast with $0.11 per diluted share in the first quarter of fiscal 2014. Not taking into account the $0.08 per diluted share impact of a $6.4 million pre-tax restructuring charge recorded during the first quarter of fiscal 2015, earnings per diluted share would have been $0.37. This compares with first quarter 2014 earnings per diluted share of $0.33, which excludes the $0.22
per diluted share impact of a $17.3 million pre-tax restructuring charge recorded during the 2014 period.
Kay Krill, President and Chief Executive Officer, commented, “ANN INC. delivered bottom-line results for the quarter that exceeded our expectations. We were able to achieve these results, despite softer-than-anticipated gross margin performance, through continued effective administration of expenses.
Ascena Retail Group, Inc., through its auxiliaries, operates as a specialty retailer of apparel for women, and tween girls and boys. It operates through five segments: Justice, Lane Bryant, maurices, dressbarn, and Catherines segments.
Finally, Rock-Tenn Company (NYSE:RKT), ended its last trade with 1.26% gain, and closed at $ 66.70.
Rock-Tenn Company, declared a date for special meetings of their respective shareholders or stockholders to approve the formerly declared combination of the two packaging companies. Subject to these approvals and certain regulatory approvals, the merger is presently predictable to close on July 1, 2015, at which point MWV and RockTenn will become auxiliaries of WestRock Company, which will trade on the New York Stock Exchange under the ticker symbol WRK.
Rock-Tenn Company manufactures and sells containerboard and paperboard products in the Unites States, Canada, Mexico, Chile, Argentina, and Puerto Rico. The company operates through four segments: Corrugated Packaging, Consumer Packaging, Merchandising Displays, and Recycling.
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