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       Sector: Services  >  Industry: Retail (Apparel)
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From the Blogosphere

Collective Brands comes up short in the second quarter

Filed under: Earnings reports, Wal-Mart (WMT), Kohl's Corp (KSS)

Collective Brands (NYSE: PSS), which owns the Payless shoe store, issued its Q2 release after the bell on Wednesday. Earnings per share took a significant dive once you made some adjustments for last year's results. They came in at 29 cents per share, a decrease of over 40%. Net sales went down over 8%.

<>On the surface, the news isn't good -- and it gets worse. As we all know, every investor has to play the earnings game with Wall Street. Collective Brands lost the good fight. The market was looking for 33 cents per share, accord...
By  Steven Mallas   (-37.05%  risk: moderate)  09/03/09 Comment


Trading Radar for 9/2: Joy Global (JOYG), Hovnanian (HOV), Oxford Industries (OXM), Collective Brands (PSS) Report; ADP Employment, Nonfarm Productivity, Factory Orders Due
The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:<u>Before Market Opens:</u>Economics:7am ET
  • MBA Mortgage Applications for the week of 8/28
8:15am ET
  • ADP Employment Change for August - Street expects 250K
8:30am ET
  • Nonfarm Productivity for Q2 (final) - Street expects 6.4%
Earnings:DHT Maritime (NYSE: DHT) - consensus EPS $0.16Joy Global (Nasdaq: JOYG) - consensus EPS $0.95Zale Corp. (NYSE: ZLC) - consensus loss $0.72<u>Intraday or Not Specified:</u>Economics:10am ET
  • Factory Orders for July - Street expects 2.2%
10:30am ET<> <> Crude Inventories...
By  Street Insider   (+16.23%  risk: moderate)  09/01/09 Comment


Inflation At The Consumer Level Rose By 0.7 Percent
Stop
56%
<>
  • The market moved broadly higher at the open this morning as positive earnings reports outweighed lack lackluster economic data.
  • The Commerce Department said inflation at the consumer level rose by 0.7 percent last month, slightly higher than the 0.6 percent increase that economists were expecting. It was the biggest one-month gain since a 0.7 percent increase last July. The big jump was seen as a temporary blip, however.
  • Inflation is not expected to be a problem any time soon given a severe recession which is keeping a lid on wage pressures.
    • <>The Federal Reserve reported production at the natio...
    By  s J   (-17.38%  risk: aggressive)  07/16/09 Comment


    Earnings highlights: Google, KKR, Krispy Kreme, Williams-Sonoma, Guess? and more

    Filed under: Earnings reports, Google (GOOG), Krispy Kreme Doughnuts (KKD), Aetna Inc (AET), Ciena Corp (CIEN), Valero Energy (VLO), KKR Financial (KFN), Lions Gate Entertainment (LGF)

    Here are some highlights from this past week's earnings coverage from BloggingStocks:

    <>
  • Aetna Inc. (NYSE: AET) lowered its 2009 earnings guidance, initially sending the share price lower.
  • Ciena Corp. (NASDAQ: CIEN) reported a bigger-than-expected Q2 net loss as revenues sank.
  • Collective Brands Inc. (NYSE: PSS) saw Q1 earnings and sales decline, but beat Wall Street estimates.
    • <>Google Inc. (NASDAQ:...
    By  Trey Thoelcke   (+0.00%)  06/06/09 Comment


    Collective Brands sees earnings and sales decline, but beats expectations

    Filed under: Earnings reports, Wal-Mart (WMT), Kohl's Corp (KSS)

    Collective Brands (NYSE: PSS), a footwear retailer that competes with companies such as Wal-Mart (NYSE: WMT) and Kohl's (NYSE: KSS), issued Q1 results on Wednesday after the bell. The business earned 59 cents per diluted share. That represented a decline over last year's results which, on an adjusted basis, calculated out to 66 cents per share.

    <>That's not the only disappointing news. You also have a sales decline, impacted by currency effects (of course), as well as the expiration of a license related to the Tommy Hilfiger brand...
    By  Steven Mallas   (-37.05%  risk: moderate)  06/04/09 Comment



    ROCK-STAR INVESTORS
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    5 anup2104 12.13 +69.23% 34


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