Sporting goods retailer $DKS said its BoD declared a quarterly dividend of $0.15125 per share on its Common Stock and Class B Common Stock, representing a 10% increase over the previous quarterly per share. The dividend is payable on March 31, 2016 to stockholders of record on March 11, 2016.
People who are looking for a steady growth stock should take a look at $EME. This stock has never had a significant downfall in the last five years. Comfortably beats consensus target most of the time. Such potential, much wow!
$COST said that on the Scan and Go model of $AMZN, the company is not testing Scan and Go like things currently but is looking at it. The company added that it has done self checkout for a while and stopped it as the company was getting people through without self checkouts.
At 1Q17-end $COST's executive members stood at 17.7MM member household, up 348,000 sequentially. Core merchandising for the quarter was up 19% YoverY, while ancillary business slid 5% from a year ago. GM of core merchandising categories (food and sundries, hardline, softline and fresh foods) rose 17 BP YoverY, with softlines declining marginally.
$COST saw deflation overall in the low to mid single digit in food and fresh meat categories in 1Q17. Membership fees was 6 BP as a percent of sales, up $37MM YoverY. The company also reported good renewal rate in terms of membership fees; 90.3% in US and Canada and 88% worldwide.
its men’s business growing around 25% of the total in penetration by 2020. This
implies a faster growth pace for men’s. The company sees a lot of opportunity
in this business. $LULU posted double digit comps in women’s pants in 3Q16. The
company is seeing strong momentum in women’s pants into 4Q16.
3Q16 exceeded expectations in terms of gross margin recovery. The company is
pleased to be on track for this level of gross margin recovery. $LULU believes
that beyond the middle of 2017, it will see modest improvements and this
connects to the broader 5-year goal of achieving a $4Bil business by 2020.