On Wednesday, salesforce.com, inc. (NYSE:CRM)’s shares declined -2.39% to $69.07.
Salesforce (CRM), the Customer Success Platform and world’s #1 CRM company, recently declared Dreamforce 2015, the largest software conference on Earth. Salesforce’s 13th annual Dreamforce event is predictable to attract more than 150,000 people to register to attend and more than 10 million to join online. Dreamforce will take place September 15-18, 2015, throughout Moscone Center and eight surrounding hotels in downtown San Francisco. Register now for the free Expo+ pass at Dreamforce.com.
Event highlights comprise:
- Keynotes from Tech Leaders: Microsoft CEO Satya Nadella and Uber CEO Travis Kalanick will share their insights on the future of the technology industry.
- Women’s Leadership Summit: Dreamforce will host its first ever summit on women’s leadership with keynotes from some of most powerful and influential women across technology, business, and more, counting YouTube CEO Susan Wojcicki, New York Times-bestselling author and The Honest Company Founder Jessica Alba, Oscar-winning actress Patricia Arquette, Taskrabbit CEO Leah Busque, Executive Director of Equal Rights Advocates Noreen A. Farrell, Eventbrite Co-Founder and President Julia Hartz, Stitch Fix CEO and Founder Katrina Lake, CoderDojo CEO Mary Dunphy Moloney, and Victoria’s Secret supermodel and coder Lyndsey Scott.
salesforce.com, inc. provides enterprise cloud computing solutions, with a focus on customer relationship administration to various businesses and industries worldwide. The company offers enterprise cloud computing apps and platform services, counting Sales Cloud for sales force automation, which enables companies to store data, access accurate customer and prospect information, track leads and progress, forecast opportunities, and collaborate around any sale on desktop and mobile devices; Service Cloud that enables companies to connect address customers service and support needs; and Marketing Cloud, which enables companies to map customer journeys to digital marketing interactions through email, mobile, social, Web, and connected products.
Francesca’s Holdings Corp (NASDAQ:FRAN)’s shares dropped -8.95% to $11.50.
Francesca’s Holdings Corporation (FRAN) stated financial results for the second quarter ended August 1, 2015.
SECOND QUARTER RESULTS
Net sales raised 9% to $106.0 million from $97.3 million in the comparable preceding year period. This enhance was driven by 82 new boutiques opened since the comparable preceding year quarter. We opened 19 boutiques during the quarter bringing the total boutique count to 608 at the end of the second quarter.
Comparable sales reduced 4% due to lower comparable transactions. DTC sales were flat at $3.6 million in each of the thirteen weeks ended August 1, 2015 and August 2, 2014.
Gross profit, as a percentage of net sales, raised to 47.4% from 46.6% in the preceding year quarter. This enhance is driven by 260 basis points improvement in merchandise margin partially offset by 170 basis points deleveraging of occupancy costs. The merchandise margin improvement is attributable to the reduced amount of charges related to the disposal of slow-moving merchandise in addition to lower promotions contrast to last year.
Francesca’s Holdings Corporation, through its auxiliaries, operates a chain of retail boutiques. It offers fashion apparel, jewelry, accessories, and gifts primarily for women between the ages of 18 and 35. The company’s apparel products comprise dresses, fashion tops, sweaters, cardigans and wraps, bottoms, outerwear and jackets, tees and tanks, and intimates; and jewelry comprises necklaces, earrings, bracelets, and rings.
At the end of Wednesday’s trade, Colgate-Palmolive Company (NYSE:CL)‘s shares dipped -1.64% to $62.39.
Colgate-Palmolive’s Franck Moison, Chief Operating Officer, Emerging Markets & Business Development, will present on Monday, September 14, 2015 at the CLSA Investors’ Forum 2015 in Hong Kong at 3:00 p.m. (3:00 am ET).
Colgate-Palmolive Company, together with its auxiliaries, manufactures and markets consumer products worldwide. It operates in two segments: Oral, Personal and Home Care; and Pet Nutrition. It offers oral care products, counting toothpastes, toothbrushes, and mouthwashes, in addition to pharmaceutical products for dentists and other oral health professionals; personal care products comprising liquid hand soaps, shower gels, bar soaps, deodorants, antiperspirants, shampoos, and conditioners; and home care products, such as dishwashing liquids, laundry and dishwashing detergents, household cleaners, oil soaps, bleaches, fabric conditioners, and other products.
Gap Inc (NYSE:GPS), ended its Wednesday’s trading session with -0.66% loss, and closed at $32.54.
Gap Inc. (GPS) stated that net sales for the four-week period ended August 29, 2015 reduced 3 percent to $1.20 billion contrast with net sales of $1.23 billion for the four-week period ended August 30, 2014.
On a constant currency basis, August 2015 net sales were flat contrast with last year. In calculating the net sales change on a constant currency basis, current year foreign exchange rates are applied to both current year and preceding year net sales. This is done to enhance the visibility of underlying sales trends, not taking into account the impact of foreign currency exchange rate fluctuations.
August Comparable Sales Results
Gap Inc.’s comparable sales for August 2015 were down 2 percent as compared to a 2 percent decrease last year. Comparable sales by global brand for August 2015 were as follows:
- Gap Global:negative 8 percent as compared to negative 6 percent last year.
- Banana Republic Global: negative 11 percent as compared to negative 2 percent last year.
- Old Navy Global: positive 6 percent as compared to positive 2 percent last year.
The Gap, Inc. operates as an apparel retail company worldwide. It offers apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brand names. The company provides apparel, handbags, shoes, jewelry, personal care products, and eyewear for men and women; and performance and lifestyle apparel for use in yoga, strength training, and running, in addition to seasonal sports, counting skiing and tennis. It offers its products through company-operated stores, franchise stores, Websites, e-commerce and social sites, and catalogs.
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