DLTR Rating Cut at Barclays Friday, November 12, 2:23 PM ET, by Market News Video Staff Barclays (BCS) downgraded discount retailer Dollar Tree (DLTR) today on valuation. Barclays cut the rating ...
DLTR Beats, Hikes Estimates Thursday, November 18, 11:58 AM ET, by Market News Video Staff Dollar Tree (DLTR) said today it earned $93.2 million, or $0.73 per share in the ...
ZLC Posts Wider Loss Tuesday, November 23, 12:15 PM ET, by Market News Video Staff Zale Corp. (ZLC) posted a wider loss for its fiscal first quarter today, of $97.9 ...
Retail Updates: Zale, Lululemon Wednesday, January 12, 12:31 PM ET, by Market News Video Staff Jewelry retailer Zale Corporation (ZLC) said late yesterday that same-store sales rose 8.5% in November ...
By Market News Video Staff, Wednesday, January 12, 12:31 PM ET
Jewelry retailer Zale Corporation (NYSE:ZLC) said late yesterday that same-store sales rose 8.5% in November and December. November same-store sales rose 11.5%, and December same-store sales rose 7.4%
Zale said total revenue for the holiday shopping period rose 8%, to $533.1 million.
Luxury jeweler Tiffany & Co. (NYSE:TIF) raised its forecast earlier in the day yesterday, following a strong holiday shopping season.
Also late yesterday, Lululemon Athletica (NASDAQ:LULU) raised its guidance for its fourth fiscal quarter.
The yoga-inspired athletic wear retailer said it now expects earnings per share in a range of $0.55 to $0.57, compared to a prior forecast of $0.46 to $0.48 per share.
Lululemon said the guidance is based on better-than-expected net revenue, which it now sees in a range of $237 million to $239 million, well ahead of previous guidance for net revenue of $210 million to $215 million.
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