Accelerated Analytics Congratulates Customer Vera Bradley on Sharing its Best Quarterly Results in Nearly 5 Years in Q2 2015

Vera Bradley enjoyed its best quarterly results in nearly five years, beating analysts’ expectations in Q2 2015.  Analysts predicted an 11-cent share profit, which Vera Bradley exceeded with a 15-cent share profit, and saw its sales increase 1.5 percent to $120.7 million.

The company expects profits this year to land between 72 and 78 cents per share, well beyond expectations of 66 cents.

The retailer’s strategy is focused on luring more shoppers into its brick-and-mortar mall storefronts and increasing consumer attention on its brand.

Vera Bradley has been a customer of Accelerated Analytics since 2013, utilizing our POS and 852 sales and inventory reporting to drive sales and optimize inventory levels at many of its department store retailers.

LOWE’S ANNOUNCES Q2 EARNINGS RESULTS ARE UP, FALLING JUST SHORT OF ANALYSTS EXPECTATIONS

Lowe’s reported an 8.4% increase in profit for Q2 2015, with net earnings of $1.3 billion and $1.20 a share. This up from last year’s Q2 earnings of $1.04 billion and $1.04 per share. Analysts were expecting results of $1.24 per share.

The home improvement retailer’s net sales rose 4.5%, which was in line with expectations. Same store sales at stores open at least a year were up 4.3%.

“We posted solid results for the quarter and were able to capitalize on big-ticket market share opportunities with strong growth in categories like appliances and outdoor power equipment,” Lowe's CEO Robert Niblock said in a statement.

As of July 31, 2015, Lowe's operated 1,846 home improvement and hardware stores in the United States, Canada and Mexico representing 201.4 million square feet of retail selling space.

For fiscal year 2015, Lowe’s expects to add 15 to 20 new home improvement and hardware stores, and expects total sales to increase 4.5% to 5%.

Sources: USA Today, MarketWatch

Dillard's Announces Better than Expected Q2 Earnings Results

Dillard’s announced its Q2 2015 earnings report on Thursday, with higher than expected results. Net sales rose 2.7% year over year to $1,513.8 million. Total revenue improved 2.5% from same period last year, reaching $1,550.8 million versus $1,512.9 in 2014.

Merchandise same-store comparisons was up 1% from 2014. Categories that over performed were shoes, followed by junior’s and children’s apparel. The home and furniture category recorded the lowest sales in the quarter. The Central region performed highest, followed by the Eastern and Western regions.

Dillard’s has 272 stores, 25 clearance centers in 29 states and an online store at www.dillards.com . During the third quarter, Dillard’s plans to open 2 new stores, one each in Louisiana and Ohio.

Shares for Dillard’s, Inc. rose 2.4% after the announcement.

Source: Zaks.com