Dollar Tree, Inc. Reports Results for the First Quarter Fiscal 2016

Fossil Group, Inc. Reports Fourth Quarter and Fiscal Year 2015 Results

Fourth Quarter Net Sales of $993 Million; Diluted EPS of $1.46
Fiscal Year 2015 Net Sales of $3.229 Billion; Diluted EPS of $4.51
Provides First Quarter and Fiscal 2016 Guidance  

RICHARDSON, Texas, Feb. 16, 2016  -- Fossil Group, Inc. (FOSL) (the “Company” or “Fossil Group”) today reported its financial results for the fourth quarter and fiscal year ended January 2, 2016.  In the fourth quarter of fiscal 2015, the translation impact from the stronger U.S. dollar negatively impacted net sales by $55.6 million and reduced diluted EPS by $0.28.  On a constant currency basis, fourth quarter net sales decreased 2% as compared to the fourth quarter of fiscal 2014. 

For fiscal year 2015, the translation impact from the strong U.S. dollar negatively impacted net sales by $207.5 million and reduced diluted EPS by $1.12.  On a constant currency and comparable calendar basis, fiscal year 2015 net sales decreased 1% as compared to fiscal 2014.  Results for fiscal 2015 included 52 weeks compared to 53 weeks in fiscal 2014.

Lowe's to Acquire RONA, Creating Canada's Leading Home Improvement Retailer

 -- Transaction valued at C$3.2 billion (US$2.3 billion) --
- Transaction unanimously approved by both companies' Boards of Directors
- Agreement is based on compelling strategic rationale for both companies
- Lowe's pledges important commitments to RONA's key Canadian stakeholders
- Lowe's to locate its Canadian head office in Boucherville, Quebec; Canadian operations to be headed by  Sylvain Prud'homme, President of Lowe's Canada
- Acquisition accelerates Lowe's growth strategy in Canada

MOORESVILLE, N.C. and BOUCHERVILLE, Quebec, Feb. 3, 2016 -- Lowe's Companies, Inc. (LOW) ("Lowe's" or the "Company") and RONA inc. (TSX: RON, RON.PR.A) ("RONA") announced today that they have entered into a definitive agreement under which Lowe's is expected to acquire all of the issued and outstanding common shares of RONA for C$24 per share in cash, and all of the issued and outstanding preferred shares of RONA for C$20 per share in cash. 

Alon Blue Square Announces Receipt of Additional Offer to Purchase its Holdings in Blue Square Real Estate Ltd

YAKUM, Israel, January 15, 2016 -- Alon Blue Square Israel Ltd. (BSI) (the "Company") announced today that it had received an additional offer to purchase the Company's holdings in Blue Square Real Estate Ltd. ("BSRE"), which is traded on the Tel Aviv Stock Exchange. The Company currently holds 53.92% of the outstanding shares of BSRE.

The offer requests a no shop period until January 24, 2016 at 8pm Israel time, during which period the Company would negotiate only with the purchaser and not with any other party or otherwise receive offers for the sale by the Company of its interest in BSRE.  To the extent the purchaser completes its inspection of BSRE to its satisfaction during this period and the parties reach agreement on a purchase agreement, the purchaser would purchase the Company's interest in BSRE on an as-is basis based on a NIS 1.7 billion valuation of BSRE.