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...