Thread- $KORS (Michael Kors Holdings Limited)

$KORS {{ '2016-02-02T13:03:56+0000' | timeago}} • Announcement

For FY16, $KORS expects revenue to be about $4.65Bil. Diluted EPS is expected to be $4.38-4.42 for FY16, assuming 190MM weighted average diluted shares outstanding. Company expects a mid-single digit comp store sales decrease on a reported basis. Foreign currency is expected to impact net income by about $38MM and EPS by about $0.20 in FY16.

$BIG {{ '2017-05-26T12:33:19+0000' | timeago}} • Webcast

$BIG said the company is not expecting a positive comp in 2Q17, but expects it to be in the flattish range. Additionally, the company said that it is adding more SKUs and in food $BIG is doubling the SKU count going forward.

$HLS {{ '2017-05-26T12:18:10+0000' | timeago}} • Announcement

$HLS given notice of its intent to redeem all remaining outstanding 2.00% Convertible Senior Subordinated Notes due 2043 amounting to about $320MM. The redemption date will be June 26, 2017. $HLS expects to fund the redemption using available cash and borrowings under its revolving credit facility.

$SENEA {{ '2017-05-26T11:49:16+0000' | timeago}} • Announcement

$SENEA $SENEB slipped to a loss from a profit last year, due to lower sales as well as last year's non-recurring gain. Net loss was $1.65MM or $0.17 per share compared to a profit of $13.85MM or $1.38 per share last year. Net sales fell to $266.12MM from $303.7MM, on unfavorable sales mix and lower selling price variance.

$PNR {{ '2017-05-26T11:33:27+0000' | timeago}} • Announcement

$PNR said certain of its subsidiaries have determined the Reference Yield and Total Consideration for the previously announced cash tender offer for certain series of outstanding notes for an aggregate purchase price of up to $1.75Bil, plus accrued and unpaid interest on the Notes.

$OKE {{ '2017-05-26T11:21:21+0000' | timeago}} • Announcement

$OKE and $OKS announced organizational changes. Walter Hulse III, currently EVP, strategic planning and corporate affairs, becomes CFO and EVP, strategic planning and corporate affairs. Kevin Burdick, now EVP and chief commercial officer, becomes EVP and COO. Derek Reiners, currently SVP, CFO and treasurer, becomes SVP, finance, and treasurer.

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