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B&M European Value Retail Sees HY Adj EBITDA Likely To Be In Range Of £250 Mln To £270 Mln

Tuesday, 28 Jul 2020

July 28 (Reuters) - B&M European Value Retail SA ::B&M EUROPEAN VALUE RETAIL SA - SEES HY GROUP ADJUSTED EBITDA (ON A PRE-IFRS 16 BASIS) IS THAT IT IS LIKELY TO BE IN RANGE OF £250M TO £270M.

Showroomprivé Launches Capital Increase With Preferential Subscription Rights Of Around €10 Million

Friday, 17 Jul 2020

July 17 (Reuters) - SRP Groupe SA ::SHOWROOMPRIVÉ LAUNCHES ITS CAPITAL INCREASE WITH PREFERENTIAL SUBSCRIPTION RIGHTS OF AROUND €10 MILLION.SUBSCRIPTION PRICE: EUR 0.15 PER NEW SHARE.SUBSCRIPTION PARITY: 22 NEW SHARES FOR 17 EXISTING SHARES.SUBSCRIPTION COMMITMENTS BY FOUNDING DIRECTORS UP TO 75% OF SHARE ISSUE.H1 ESTIMATED NET REVENUES IN RANGE OF EUR 301M AND EUR 303M.H1 ESTIMATED EBITDA IN RANGE OF EUR 5.5M AND EUR 7.5M.ESTIMATED NET CASH AT 31 MAY 2020 EUR 12,7M.GROUP RECORDED A STRONG RECOVERY IN INTERNET SALES IN EARLY APRIL DURING COVID-19 PANDEMIC CONTAINMENT PERIOD.

Pricesmart Reports Q3 Earnings Per Share Of $0.41

Thursday, 9 Jul 2020

July 9 (Reuters) - PriceSmart Inc ::PRICESMART ANNOUNCES FISCAL 2020 THIRD QUARTER OPERATING RESULTS.Q3 EARNINGS PER SHARE $0.41.Q3 REVENUE ROSE 1.4 PERCENT TO $799.9 MILLION.PRICESMART - AT BEGINNING OF Q3, CAREFULLY CONSIDERED RISKS OF UNKNOWN & PRESERVED CASH AND SUSPENDED CERTAIN CAPITAL EXPENDITURES & DISCRETIONARY SPENDING.

B&M European Value Retail SA Appoints Alex Russo As CFO

Thursday, 9 Jul 2020

July 9 (Reuters) - B&M European Value Retail SA ::B&M EUROPEAN VALUE RETAIL SA - ALEX RUSSO WILL JOIN COMPANY AS CHIEF FINANCIAL OFFICER .B&M EUROPEAN VALUE RETAIL SA - PAUL MCDONALD WILL RETIRE FROM BOARD OF DIRECTORS OF COMPANY ON 15 NOVEMBER 2020.

Big Lots Expects Q2 Adjusted Diluted EPS To Be In Range Of $2.50 To $2.75

Friday, 26 Jun 2020

June 26 (Reuters) - Big Lots Inc ::BIG LOTS PROVIDES BUSINESS UPDATE.BIG LOTS INC - FOR Q2, NOW EXPECTS COMPARABLE SALES TO BE UP BY A MID-TO-HIGH TWENTIES PERCENTAGE.BIG LOTS INC - EXPECTS Q2 ADJUSTED DILUTED EPS TO BE IN RANGE OF $2.50 TO $2.75.BIG LOTS INC - CASH POSITION HAS BEEN POSITIVELY IMPACTED BY LOW INVENTORY LEVELS DUE TO STRONG SALES TRENDS.BIG LOTS INC - IS IN A VERY STRONG LIQUIDITY POSITION.BIG LOTS INC - CASH POSITION DOES NOT YET REFLECT EXPECTED TAX PAYMENTS OF ABOUT $170 MILLION RELATED TO SALE/LEASEBACK TRANSACTIONS.BIG LOTS INC - CURRENT CASH & SHORT-TERM INVESTMENTS OF ABOUT $890 MILLION, & NO AMOUNTS DRAWN ON ITS $700 MILLION REVOLVING CREDIT FACILITY.

Europris with Trading Update for Q2 2020

Thursday, 18 Jun 2020

June 18 (Reuters) - Europris ASA ::EUROPRIS: TRADING UPDATE Q2 2020.EUROPRIS ASA - ASSUMES THAT MOST UNUSUAL EFFECTS ARE BEHIND COMPANY..EUROPRIS ASA - REPORT AN OVERALL GROWTH IN SALES OF 33.9 PER CENT FOR MONTHS OF APRIL AND MAY.EUROPRIS ASA - SHARP RISE IN DEMAND HAS NATURALLY PLACED GREAT PRESSURE ON COMPANY'S DELIVERY SYSTEMS AND YIELDED SOME ADDITIONAL COSTS.EUROPRIS ASA - CONSOLIDATED SALES FOR APRIL-MAY WERE NOK 1,462 MILLION, COMPARED WITH NOK 1,092 MILLION FOR SAME PERIOD OF 2019.EUROPRIS ASA - IT IS TOO EARLY TO DRAW ANY CONCLUSIONS ABOUT LONG-TERM IMPACT OF COVID-19, BUT CO ASSUMES THAT MOST UNUSUAL EFFECTS ARE BEHIND COMPANY.

Massmart Holdings 9-Week Total Sales Down 4.6 Bln Rand

Wednesday, 17 Jun 2020

June 17 (Reuters) - Massmart Holdings Ltd ::JSE: MSM - COVID 19 IMPACT, SALES UPDATE AND TRADING STATEMENT.MASSMART - FOR 9 WEEK PERIOD FROM 30 MARCH 2020 TO 31 MAY 2020, TOTAL SALES WERE R4.6 BLN LOWER.MASSMART - FOR 9 WEEK PERIOD FROM 30 MARCH 2020 TO 31 MAY 2020, TOTAL SALES WERE R4.6 BLN LOWER.MASSMART - EXCLUDING IMPACT OF COVID-19 LOCKDOWN, WE EXPECT LOSS AND HEADLINE LOSS WOULD HAVE BEEN SLIGHTLY BETTER THAN SAME PERIOD LAST YEAR. .MASSMART - SALES AND MARGINS HAVE BEEN LOWER THAN SAME PERIOD LAST YEAR.MASSMART - LOSS PER SHARE AND HEADLINE LOSS PER SHARE, WILL BE AT LEAST 50% OR 191.1 CENTS AND 182.4 CENTS RESPECTIVELY, FOR 26 WEEK PERIOD.

Groupon Sees Q2 Aebitda Loss Between $45 Mln And $20 Mln- Presentation

Tuesday, 16 Jun 2020

June 16 (Reuters) - Groupon Inc ::GROUPON INC -SEES Q2 AEBITDA LOSS BETWEEN $45 MILLION AND $20 MILLION- PRESENTATION.GROUPON INC -SEES DECLINE IN GROSS BILLINGS, GROSS PROFIT IN Q2 VERSUS. 1Q 2020 DUE TO FULL QUARTER OF LOWER DEMAND & ELEVATED REFUNDS RESULTING FROM COVID-19.GROUPON INC - NO LONGER EXPECT TO RECOGNIZE 1X WORKING CAPITAL STEP DOWN IN 2020, AS CO WILL CONTINUE TO SELL GOODS.GROUPON INC - EXPECT TO MAKE MEANINGFUL PROGRESS SHIFTING GOODS TO 3RD PARTY MARKETPLACE MODEL STARTING IN 3Q 20.

Groupon Announces First Quarter 2020 Results

Tuesday, 16 Jun 2020

June 16 (Reuters) - Groupon Inc ::GROUPON ANNOUNCES FIRST QUARTER 2020 RESULTS.FIRST QUARTER GAAP NET LOSS PER DILUTED SHARE OF $7.53.FIRST QUARTER NON-GAAP NET LOSS PER DILUTED SHARE OF $1.63.Q1 EARNINGS PER SHARE VIEW $-1.91 -- REFINITIV IBES DATA.QTRLY CONSOLIDATED REVENUE WAS $374.2 MILLION, DOWN 35%.EXPECTS COMBINATION OF LAYOFFS, FURLOUGHS TO RESULT IN ABOUT $100 MILLION IN COST SAVINGS IN 2020.ON RUN RATE BASIS, EXPECT PHASE 1 LAYOFFS TO RESULT IN OVER $125 MILLION IN ANNUALIZED COST SAVINGS BEGINNING 2021.ONCE FULLY IMPLEMENTED, RESTRUCTURING PLAN EXPECTED TO DELIVER ABOUT $225 MILLION IN ANNUALIZED COST SAVINGS.

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