Content about Buybacks

March 19, 2013
Williams-Sonoma has recipe for earnings success

Williams-Sonoma reported that fourth-quarter EPS grew 15% to $1.34 and that quarterly revenue grew to $1.406 billion versus $1.268 billion in 2011 with comparable brand revenue growth of 4%.

March 15, 2013
Walmart’s six priorities for growth

Walmart CFO Charles Holley weighed in on the retailer’s growth priorities earlier this week during a presentation to investors at the Bank of America Merrill Lynch Consumer & Retail Conference.

March 8, 2013
Ann Inc. delivers fashionable earnings for FY 2012

Ann Inc. reported fourth quarter earnings per diluted share of 5 cents, compared with earnings per diluted share of 4 cents in the fourth quarter of 2011.

February 26, 2013
Home Depot’s constructive Q4 includes 7% comp

Fourth quarter same store sales at The Home Depot advanced 7% and profits swelled 29% to $1 billion, or 68 cents, compared to profits of $774 million or 50 cents a share the prior year.

February 26, 2013
Macy's bests guidance in Q4

Macy's reported fourth-quarter sales and earnings growth that exceeded company expectations, prompting it to issue new guidance for 2013.

January 25, 2013
P&G raises fiscal year outlook

CINCINNATI — Procter & Gamble posted a boost in sales and earnings for the second quarter and raised its outlook for the fiscal year, the company announced on Friday.

December 20, 2012
Bed Bath & Beyond weathers Sandy

Third quarter same store sales at Bed Bath & Beyond were negatively affectivd by Hurricane Sandy, but the nation’s leading home good retailer still managed to grow profits.

December 4, 2012
Online acquisition overshadows soft sales at Autozone

AutoZone said it acquired online automotive retailer AutoAnything.com in conjunction with the release of first quarter earnings Tuesday morning.

November 29, 2012
Comp momentum intact at Kroger

Kroger extended its same store sales winning streak to 36 consecutive quarters and reported better than expected profits Thursday.

November 28, 2012
Costco gives shareholders a special gift

Costco will pay a $7 a share special dividend before year end as it looks to return cash to shareholders in advance of what is expected to be a 2013 tax increase on dividend payments.

November 14, 2012
Staples results reflect economic weakness

Third quarter sales at Staples declined 2% to a little less than $6.4 billion and a host of previously announced charges resulted in the company reporting a loss of $569 million or 85 cents a share.

October 16, 2012
Kroger poised for growth in 2013

With a focus on increasing square footage and building its presence in both new and existing markets, Kroger is poised for growth in 2013.

July 19, 2012
Safeway not swayed by negative forces

Undeterred by an abundance of headwinds facing conventional supermarket retailers, Safeway chairman and CEO Steve Burd expressed optimism about his company’s performance and prospects during the second half of the year.

April 27, 2012
Safeway CEO to analysts: Grocer is not bracing for a buyout

Recent events, which have driven Wall Street analysts to speculate that Safeway is a buyout target, are not interrelated, Safeway chairman and CEO Steve Burd assured analysts Thursday morning during the grocer's first-quarter conference call.

April 5, 2012
Pier 1 seeks multi-channel dominance

Bed Bath and Beyond may dominate the housewares retail space, but that isn't stopping companies like Pier 1 Imports from trying to take a bigger share.

March 21, 2012
Apple puts things in perspective for Target, other dividend payers

Target announced completion of a $10 billion share repurchase program this week and reminded investors of its commitment to more than double its annual dividend payment to $3 by 2017.

January 12, 2012
Target OKs $5 billion share repurchase authorization

Target's board of directors has approved a new $5 billion share repurchase program, which will be implemented upon the completion of the company's current $10 billion program.

September 15, 2011
Q2 results leave Pier 1 confident heading into holidays

Pier 1 reported sales and earnings growth for its second quarter, leaving president and CEO, Alex Smith confident about the future of the company heading into the holiday season.

August 17, 2011
Accelerating comps drive Target performance

Target reported second quarter earnings per share of $1.03 that beat analysts’ estimates by a nickel, and the company elevated its full year profit forecast amid ongoing success of key initiatives.

June 7, 2011
Groupon ventures into grocery deals with Big Y

Through a partnership with Incentive Targeting and HaloEffect, Big Y Foods will become the first grocery retailer to offer Groupon deals digitally loaded to shoppers’ loyalty cards, the companies announced.

June 3, 2011
Wal-Mart Stores to repurchase $15 billion shares

Wal-Mart Stores's board of directors has approved a new program authorizing the company to repurchase $15 billion of its shares, the company announced at its 41st annual meeting of shareholders Friday.

May 18, 2011
Target tops earnings view, but tempers profit outlook

First-quarter sales at Target increased 2.8% to $15.6 billion, and same-store sales increased 2% the company reported.

May 12, 2011
Kohl's raises FY outlook on strong Q1

Kohl’s reported that its first quarter diluted earnings per share increased 14% to 73 cents, in line with Citi analysts expectations and with the company's updated guidance that EPS would be toward the high-end of 68 cents to 73 cents (provided on May 5).

April 21, 2011
Walton family ownership reaches 48.2% level

The stock buyback binge Walmart has been on for the past few years is positioned as a way for the company to return cash to shareholders, and it is. However, the $25.6 billion (that’s not a typo) spent by Walmart on share repurchases during the past three years has had another effect. It has driven the Walton family’s ownership stake in the company to a record level of 48.18%.

As of March 31, Walton Enterprises LLC, which includes as managing members Alice, Jim and Rob Walton, owned 1,680,506,739 of the company’s 3,487,721,113 outstanding shares, as disclosed in the company’s proxy statement. Just five years ago, Walton Enterprises LLC’s, ownership stake was 40.32% because it held the same number of shares but the number of outstanding shares was much higher at 4,167,369,745 as of March 31, 2006.

April 18, 2011
Major moves at Big Lots

After opening 80 stores last year and with plans for another 90 units this year, Big Lot’s made several merchandising moves to facilitate its planned growth.

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