Edition:
United Kingdom

Computer & Electronics Retailers

Page 1

Groupe LDLC FY Revenues Down At 472.1 Million Euros

Thursday, 26 Apr 2018

April 26 (Reuters) - GROUPE LDLC SA ::FY REVENUES EUR 472.1 MILLION VERSUS EUR 479.9 MILLION YEAR AGO.SEES DOUBLE-DIGIT LIKE-FOR-LIKE GROWTH IN THE 2018/2019 FINANCIAL YEAR.CONFIRMING ITS GOAL OF REACHING REVENUES OF €1 BILLION AND AN EBITDA MARGIN OF AROUND 5.5-6% BY 2021.BY 2021, PLANS TO HAVE AROUND 100 STORES UP AND RUNNING.

Conn's Inc provides business update post Hurricane Harvey and third quarter guidance

Monday, 23 Oct 2017

Oct 24 (Reuters) - Conn's Inc :Conn's Inc provides business update post Hurricane Harvey and third quarter guidance.Conn's Inc - ‍same store sales during Aug, Sept affected by approximately 100 lost selling days and reduced traffic associated with Hurricane Harvey​.Conn's Inc - ‍finance charges and other revenues for Q3 of fiscal year 2018 are expected to be between $80 million and $83 million​.Conn's Inc - ‍company expects same store sales for Q3 of fiscal year 2018 to be down 5.0 pct to 9.0 pct​.Conn's Inc - ‍for Q3 of fiscal year 2018 company anticipates retail gross margin to be between 39.0 pct and 39.5 pct​.Conn's Inc - ‍SG&A expenses for Q3 of fiscal year 2018 will include approximately $1.5 million of one-time hurricane related costs​.Conn's Inc - ‍provision for bad debts for Q3 of fiscal year 2018 is expected to be between $56.0 million and $61.0 million​.

Unieuro signs contract for acquisition of 19 Cerioni stores

Thursday, 5 Oct 2017

Oct 5 (Reuters) - UNIEURO SPA ::SIGNS CONTRACT FOR ACQUISITION OF BUSINESS BRANCH OF GRUPPO CERIONI.TOTAL CONSIDERATION FOR TRANSACTION, WHICH TOOK PLACE WITHOUT ASSUMPTION OF BANK DEBT AND/OR DEBT WITH SUPPLIERS, AMOUNTED TO € 8 MILLION.EUR 1.6 MILLION TO BE PAID AT THE CLOSING AND EUR 6.4 MILLION IN SEMI-ANNUAL INSTALMENTS OVER THE NEXT THREE YEARS.ACQUIRED BUSINESS BRANCH CONSISTS OF 19 DIRECTLY OPERATED STORES, CURRENTLY OPERATING UNDER THE EURONICS BANNER.THE STORES TO BE ACQUIRED IN SEVERAL STAGES AND WILL BE REOPENED BETWEEN NOVEMBER AND DECEMBER.

Best Buy sees adjusted diluted earnings of $4.75 to $5 for fiscal 2021​

Tuesday, 19 Sep 2017

Sept 19 (Reuters) - Best Buy Co Inc -:Best Buy investor day details 'best Buy 2020: building the new blue' growth strategy.Best Buy Co Inc - ‍provides long-term financial targets for fiscal 2021​.Best Buy Co Inc sees ‍enterprise revenue of $43 billion for fiscal 2021 versus $39.4 billion in fiscal 2017​.Best Buy Co Inc sees ‍non-gaap diluted eps of $4.75 to $5.00 for fiscal 2021​.Best Buy Co Inc - co ‍recently expanded its in-home advisor program to all major U.S. markets​.

Conn's Inc Q2 earnings per share $0.14

Thursday, 7 Sep 2017

Sept 7 (Reuters) - Conn's Inc :Conn's Inc reports second quarter fiscal year 2018 financial results.Q2 earnings per share $0.14.Q2 earnings per share view $-0.02 -- Thomson Reuters I/B/E/S.Q2 adjusted non-GAAP earnings per share $0.26 excluding items.Qtrly ‍total net sales $286.4 million versus $332.0 million.Because of near-term uncertainty Harvey has created, Conn's will not provide specific financial guidance for Q3.Hurricane Harvey caused Conn's to close 23 stores​.Says in total, Conn's lost approximately 100 selling days as a result of storm.Company does not intend to open any additional stores in fiscal year 2018.Over near term, retail sales will be impacted by loss of selling days associated with store closures.Q2 revenue view $371.9 million -- Thomson Reuters I/B/E/S.Decrease in qtrly same store sales of 15.1 percent​.

Conn's Inc closes 23 stores​ ‍as a result of Hurricane Harvey

Friday, 1 Sep 2017

Sept 1 (Reuters) - Conn's Inc :As a result of Hurricane Harvey and unprecedented levels of rain and flooding, Conn's has closed 23 stores​.All but two stores are now open for business​.‍As a result of Hurricane Harvey closed distribution, service centers in Beaumont and Houston, as well as its Beaumont corporate office.The company also reopened its Beaumont corporate office, and distribution and service centers​.Conn's has currently lost approximately 100 store-days between August 25, 2017 and September 1, 2017.

GameStop Corp reports qtrly earnings per share of $0.22

Thursday, 24 Aug 2017

Aug 24 (Reuters) - GameStop Corp ::GameStop reports second quarter 2017 results.Q2 adjusted earnings per share $0.15.Q2 earnings per share $0.22.Q2 earnings per share view $0.16 -- Thomson Reuters I/B/E/S.Reaffirms FY 2017 earnings per share view $3.10 to $3.40.Collectibles business is on track to meet 2017 revenue target of $650 million to $700 million​.Q2 sales $1.69 billion versus I/B/E/S view $1.64 billion.Is reiterating its full-year diluted earnings per share guidance of $3.10 to $3.40​.Qtrly consolidated comparable store sales growth of 1.9 pct.Now expect full-year comparable store sales to be at high end of previously stated guidance range of down 5.0 pct to 0.0 pct​.‍"Q2 sales results were driven by continued strong demand for Nintendo Switch and collectibles"​.Looking at H2 2017, Nintendo Switch, launch of Microsoft's Xbox One X, slate of AAA titles should drive growth in video game category​.Collectibles business is on track to meet its 2017 revenue target of $650 million to $700 million​.

Big Camera Corporation to transfer printing business to new unit

Tuesday, 1 Aug 2017

Aug 1 (Reuters) - Big Camera Corporation Pcl :To restructure business by way of transferring printing business to new subsidiary.

Russia's M.Video Q2 sales up 5.1 pct yr/yr

Tuesday, 18 Jul 2017

July 18 (Reuters) - M.Video , Russia's largest consumer electronics retailer by revenue, says: :Second-quarter sales up 5.1 percent year on year to 46.2 billion roubles ($782 million);.Second-quarter like-for-like sales up 1.7 percent year on year..M.Video network increased by 2 stores in the first half of 2017, selling space amounts to 666,000 square meters;.Forecasts growth of sales of consumer electronics in Russia in 2017 by 1-2 percent..

Groupe LDLC FY EBITDA rises to 17.9 million euros

Thursday, 8 Jun 2017

June 8 (Reuters) - GROUPE LDLC SA ::FY REVENUE EUR 479.9 MILLION VERSUS EUR 320.7 MILLION YEAR AGO.FY NET INCOME EUR 8.1 MILLION VERSUS EUR 7.9 MILLION YEAR AGO.FY EBITDA EUR 17.9 MILLION VERSUS EUR 15.0 MILLION YEAR AGO.REAFFIRMS ITS GOALS OF HITTING EUR 1 BILLION EURO REVENUE MARK, WITH EBITDA MARGIN BETWEEN 5.5 PCT AND 6 PCT, AND HAVING 100 STORES UP AND RUNNING BY 2021.DECIDED TO BRANCH OUT INTO SPAIN THROUGH LAUNCH OF SPANISH VERSION OF LDLC.COM AND PILOT STORE IN BARCELONA BY END OF H2 2017/2018.AGM ON SEPT 29, 2017 WILL BE ASKED TO APPROVE PROPOSAL THAT NO DIVIDEND BE PAID FOR THE FINANCIAL YEAR ENDED.

Markets

  • Sectors
  • Europe
  • U.S.
  • Asia

Sector Summary