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Urban Outfitters (NASDAQ:URBN) Declares Profit Surges 17% – URBN, GPS, ANF, AEO, CHS

Urban Outfitters, Inc. (NASDAQ:URBN) announced on late Monday that its fiscal Q3 profit soared to $59.5M, or 40 cents a share, from $50.7 million, or 33 cents, a year before. Revenue for the quarter ended Oct. 31 moved up to $692.9 million from $609.9 million. Overall, net sales increased 14 percent though similar-store sales plunged […]

Starbucks (NASDAQ:SBUX) Acquiring Teavana, Shares Surges – SBUX, PNRA, CBOU, BDL, ANF

Starbucks Corporation (NASDAQ:SBUX) reported on Wednesday that it aims to purchase tea store chain Teavana Holdings, Inc. (NYSE:TEA) for $620M, intending to replicate the success it has had with its namesake coffee shops. Teavana has about 300 shopping mall stores which sell loose-leaf, exotic teas. In adding up to opening stand-alone Teavana stores in the […]

Michael Kors (NYSE:KORS) Declares Upbeat Earning – KORS, GPS, AEO, ANF, LTD

Michael Kors Holdings Ltd (NYSE:KORS) declared on Tuesday that that fiscal Q2 net income over tripled. The retailer reported that it generated $97.8M, or 49 cents a share, increased from $31.6M, or 22 cents a share, in the similar quarter previous year. Revenue surged by 74% to $532.9M from $305.5M. Analysts had anticipated earnings of […]