Implications of "Best Interest" Rule for Annuities
Aaron Levitt
|
With broker-dealers and agents now acting in favor of clients, investors may be...
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The company reported a net loss of $35.9 million, or 75 cents per share. Last year, the company reported a net loss of $30.4 million, or 64 cents per share. Excluding special items, the company’s net loss equaled $1.3 million, or 3 cents per share. Analysts expected to see a net loss of 7 cents per share.
Revenue
Sales surged 65.5% to $928.36 million from $560.55 million. Analysts expected to see revenue of $919.09 million.
Outlook
Looking ahead to FY2015, the company expects to see adjusted EPS between $2.70 and $2.90. Analysts expect to see EPS of $2.52.
The company also boosted its guidance for 2017 to include K&G operations. EPS is now expected to be between $5.75 and $6.25.
However, MW reported that it expects sales at Jos A. Bank to improve in the second half of 2015.
Symbol | Mutual Fund | Stake |
---|---|---|
{% mutualfund SHRAX %} | Franklin Small Cap Value | 1.66% |
{% mutualfund NAESX %} | Vanguard Small Capitalization Index | 1.61% |
{% mutualfund VTSMX %} | Vanguard Total Stock Market Index | 1.56% |
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The company reported a net loss of $35.9 million, or 75 cents per share. Last year, the company reported a net loss of $30.4 million, or 64 cents per share. Excluding special items, the company’s net loss equaled $1.3 million, or 3 cents per share. Analysts expected to see a net loss of 7 cents per share.
Revenue
Sales surged 65.5% to $928.36 million from $560.55 million. Analysts expected to see revenue of $919.09 million.
Outlook
Looking ahead to FY2015, the company expects to see adjusted EPS between $2.70 and $2.90. Analysts expect to see EPS of $2.52.
The company also boosted its guidance for 2017 to include K&G operations. EPS is now expected to be between $5.75 and $6.25.
However, MW reported that it expects sales at Jos A. Bank to improve in the second half of 2015.
Symbol | Mutual Fund | Stake |
---|---|---|
{% mutualfund SHRAX %} | Franklin Small Cap Value | 1.66% |
{% mutualfund NAESX %} | Vanguard Small Capitalization Index | 1.61% |
{% mutualfund VTSMX %} | Vanguard Total Stock Market Index | 1.56% |
If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.
Receive email updates about best performers, news, CE accredited webcasts and more.
Aaron Levitt
|
With broker-dealers and agents now acting in favor of clients, investors may be...
Justin Kuepper
|
Let’s take a look at what sets China apart from other emerging markets,...
News
Iuri Struta
|
Check out the latest edition of mutual fund scorecard.
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...