Benzinga’s News Roundup (LTD, WNR, PIR, SSI)
March 04, 2010 9:13 AM
Limited Brands, Inc. (NYSE: LTD) reported today that comparable store sales increased 10% for the four weeks ended February 27, 2010, as compared to the four weeks ended Feb. 28, 2009. LTD reported net sales of $600.1 million for the month of February 2010, as compared to net sales of $547.8 million for the same period last year. Limited Brands closed at $22.65 in the previous trading session. The 52-week trading range for LTD is $5.98 - $22.76.
Western Refining, Inc. (NYSE: WNR) reported today a fourth-quarter net loss of $97.6 million, or $1.11 per diluted share, as compared to a loss of $12.8 million, or $0.19 per share, for the same quarter last year. Net sales were $2 billion, as compared to $1.66 billion in the year-ago period. The 52-week trading range for WNR is $4.03 - $16.30. In the last year, WNR has declined over 58%.
Pier 1 Imports, Inc. (NYSE: PIR) reported today that it expects a fourth quarter earnings to be at least $0.29 per share, as compared to a loss of $0.33 per share for the same quarter last year. Sales increased to $396 million from $389 million in the year ago period. Analysts had been expecting PIR to report earnings of $0.25 per share on sales of $405 million. Pier 1 Imports closed at $6.83 in the last trading session. In the last six months, PIR has surged over 167%.
Stage Stores, Inc. (NYSE: SSI) reported today that its total sales for the month of February decreased 2.1% to $99 million from $101 million for the same period last year. Comparable store sales decreased 3.9% this year versus a decrease of 8.6% last year. Stage Stores closed at $13.92 in the last trading session. The 52-week trading range for SSI is $5.49 - $14.85.
