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Express Announces New $100 Million Repurchase Program
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- Author: FinancialNewsOnline
Tags: EXPR Express share repurchase business finance trading stock market analysis news
Just after its earnings release this week, Express (NASDAQ:EXPR) announced a new $100 million share repurchase program to use the firm's available cash over the next 18 months. Michael Weiss, Chairman, President and Chief Executive Officer stated: "Our Board believes that at the current price our...
Flowers Foods Reports Mixed Results, Cuts Guidance
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- Author: FinancialNewsOnline
Tags: FLO Flowers Foods earnings EPS revenue business finance trading stock market analysis news
Flowers Foods (NYSE:FLO) reported Q1 EPS of $0.28, inline with estimates. Revenues in the quarter rose 12% year-over-year to $898 million, beating estimates by $9 million. The company said its input costs hurt margins, offset that with SG&A and operations expense cuts, it reported Q1 gross...
Costco Beats Estimates By A Penny
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- Author: FinancialNewsOnline
Tags: COST Costco earnings EPS revenue business finance trading stock market analysis news
Discount retailer Costco (NASDAQ:COST) seeing positive improvement for the third quarter. The company reported fiscal Q3 EPS of $0.88, topping estimates by a penny. That's an increase of 19% from the same period last year. Revenues in the quarter rose 8.2% year-over-year to $22.3 billion, beating...
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