Joe’s Jeans Reports 56% Increase in Net Sales to $48.2 Million for the 2nd Quarter of Fiscal 2014

LOS ANGELES --Joe’s Jeans Inc. (the “Company”) (JOEZ) today announced financial results for the second quarter ended May 31, 2014. Highlights were:

• Second quarter net sales increased 56% to $48.2 million;
• Wholesale net sales increased 66%;
• Retail store net sales increased 19%; and
• Operating income increased 55% to $3.3 million compared to $2.1 million in the prior year period.

Photo Release -- NASDAQ Welcomes zulily inc. (NASDAQ: ZU) to The NASDAQ Stock Market

The NASDAQ OMX Group, Inc. (NDAQ) announced today that trading of zulily inc. (ZU), a unique shopping destination for moms, commenced on The NASDAQ Stock Market on November 15, 2013.

Photos accompanying this release are available at
http://www.globenewswire.com/newsroom/prs/?pkgid=22246
http://www.globenewswire.com/newsroom/prs/?pkgid=22247

zulily offers daily deals for moms, babies and kids. zulily sales launch daily, filled with quality children's apparel, women's apparel, toys, infant gear and home decor at an average of over 50% off. Unique finds from up-and-coming brands are featured alongside selections from top brands, giving every mom something new to discover every day. Launched in 2010, zulily has become a shopping destination for millions of moms. zulily is headquartered in Seattle with offices in Reno, Columbus and London.

Men's Wearhouse Board Of Directors Rejects Unsolicited, Non-Binding Proposal From Jos. A. Bank

Board Concludes Unsolicited Proposal Does Not Reflect Value Inherent in Company and is Not in the Best Interest of Shareholders

The Men's Wearhouse (MW) today announced that its Board of Directors, after careful evaluation with the assistance of its financial and legal advisors, has determined to reject an unsolicited, non-binding proposal from Jos. A. Bank, which is subject to substantial debt and equity financing, due diligence and regulatory approval, to acquire Men's Wearhouse for $48.00 per share in cash.  The Men's Wearhouse Board concluded that the proposal significantly undervalues Men's Wearhouse and its strong prospects for continued growth and value creation, and is not in the best interests of Men's Wearhouse or its shareholders.

Fossil Group Reports Record Second Quarter 2013 Results

Net Sales Increase 11% to a Record $706 Million
EPS Increases 25% to a Record $1.15
Provides Third Quarter Guidance and Increases Full Year Guidance

Fossil Group, Inc. (FOSL) (the "Company") today reported its financial results for the second quarter and six month period ended June 29, 2013.

Second Quarter Operating Highlights

• Net sales grew in all segments, compared to the prior year second quarter:
  • North America wholesale net sales increased 4%
  • Europe wholesale net sales increased 16%
  • Asia Pacific wholesale net sales increased 14%

    Published: 06 August 2013

    Written by Editor

    Nasdaq   Financial Results   Up on News   Retail   Interesting News  

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