Sprouts Farmers Market Orders Improved Slightly Year on Year in Q4

Sprouts Farmers Market Orders Improved Slightly Year on Year in Q4

Sprouts Farmers Market has an improvement on orders/plan contrary to estimates of slight top-line deterioration, according to OTR Global. For FYQ416 orders were above plan for five of 14 (it was one of 15 in FYQ3). Orders improved slightly year-on-year especially in December, but seven of 11 suppliers said Sprouts contributed more on margin to discount aggressively. Upgrade to mixed. On Whole Foods Market (WFM), remain negative, OTR says. FYQ117 […]

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Fortune Brands Q4 EPS Beats on Shy Revenues

Fortune Brands Q4 EPS Beats on Shy Revenues

Fortune Brands Home & Security reported after hours Tuesday mixed Q4 results and issued downside EPS guidance for FY17. Q4 adjusted EPS was $0.71 per share, up from $0.56 per share a year earlier and two cents above the consensus of analysts polled by Capital IQ. Revenues rose 6% year-over-year to $1.30 billion but were shy of the $1.32 billion mean estimate. For FY17, Fortune Brands expects EPS of $2.95 […]

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Medigus Receives First Purchase Order for Endosurgical Device in Italy

Medigus Receives First Purchase Order for Endosurgical Device in Italy

Medigus a developer minimally-invasive endosurgical tools and direct visualization technology, Monday reported it received the first purchase order for its Medigus Ultrasonic Surgical Endostapler system in Italy from Innovamedica, a privately-owned distributor of minimally invasive medical devices. Medigus rose 3.1% pre-bell, but is still trading near 52-week low of $0.47. The 52-week high is at $3.25. Medigus said that under terms of a four-year agreement, Innovamedia will be required to […]

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Consumer Stocks Inch Toward Positive Ground

Consumer Stocks Inch Toward Positive Ground

Consumer stocks were finishing slightly higher today, with shares of consumer staples companies in the S&P 500 adding about 0.1% advance while shares of consumer discretionary firms in the S&P 500 also were posting a 0.1% increase. In company news, Rite Aid (RAD) shares rose to a new record high on Wednesday following reports the Federal Trade Commission could vote to approve the proposed $9.4 billion buyout of the nation’s […]

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Disney’s “Rogue One: A Star Wars Story” Sees $29 Million In Thursday Night Preview Sales

Disney’s “Rogue One: A Star Wars Story” Sees $29 Million In Thursday Night Preview Sales

Walt Disney’s “Rogue One: A Star Wars Story” brought in an estimated $29 million in theaters in the U.S and Canada in previews Thursday night, according to a report from Bloomberg. The report, citing an e-mail from Disney, said the movie has generated $33 million from international ticket sales from countries including the U.K., Australia and Germany that account for about 60% of the total international box office. It will […]

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