Although JoS. A. Bank saw decreases across the board for its second quarter, president and CEO R. Neal Black focused on the momentum the company seems to have picked up during August.
New York & Company reported that net sales for the fourth quarter were $291.8 million, as compared with $271.8 million in the year-ago period.
One of the largest dividend increases in Walmart’s history helped shareholders look past, temporarily at least, yesterday’s release of sales results that show a disturbing trend at U.S. stores.
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.
Collective Brands reported net earnings of $9.7 million, or 16 cents per share, for its second quarter compared with a loss of $35 million, or 58 cents per share, in the second quarter of 2011.
There is some debate as to whether paying dividends or buying back stock is a more desirable method of returning cash to shareholders.
Marking its eighth consecutive year of dividend increases, CVS Caremark on Tuesday said its board of directors approved a near 43% increase of its quarterly dividend to 12.5 cents per share of common stock.
A.C. Moore Arts & Crafts reported that sales for the second quarter of 2010 were...