In fiscal 4Q16, Dollar General’s (DG) top line increased 13.7% year-over-year to $6 billion.
Dollar General (DG) released its fiscal 4Q16 and fiscal 2016 results on March 16, 2017. Dollar General’s adjusted earnings per share rose 14.6% to $1.49, beating the consensus by $0.08.
It appears that eBay (EBAY) is on the same path that rival Alibaba (BABA) has traveled: trying to capture growth by promoting cross-border e-commerce.
The share buyback program of e-commerce giant eBay (EBAY) is likely to become more moderate in 2017.
The company’s management appears to believe that while e-commerce competition is heating up, the competition is still manageable.
As of March 10, 2017, 14 out of 23 analysts surveyed (61%) had issued a “buy” recommendation for Ulta stock. Nine analysts have given it a “hold” rating.
In fiscal 2016, Ulta Beauty added 69 new brands and implemented over 500 prestige brand expansions.
Ulta’s gross margin declined in fiscal 4Q16, though the company’s operating margin improved on a YoY basis.
Ulta saw its sales rise 24.6% to $1.58 billion in fiscal 4Q16, surpassing the consensus analysts’ sales estimate of $1.54 billion for fiscal 4Q16.
Ulta Beauty delivered adjusted EPS (earnings per share) of $2.24 ahead of the consensus Wall Street analysts’ estimate of $2.13.
Ulta Beauty (ULTA) stock rose 4.6% to $286.42 on March 10, 2017, in reaction to the company’s impressive results for fiscal 4Q16.
On March 9, after FMSA released its 4Q16 results, ~86% of analysts tracking the stock rated it a “buy” or some equivalent, while ~14% rated it a “hold.”
Fairmount Santrol’s (FMSA) stock price reacted negatively to its 4Q16 results on March 9, falling ~16% from the previous day’s close to $7.30.
In fiscal 2016, Fairmount Santrol’s (FMSA) revenues fell 35% from its fiscal 2015 revenues to $535 million.
Fairmount Santrol reported total revenues of $140.5 million for 4Q16, which was 4% higher than its ~$135 million in 4Q15.
Ferrellgas Partners’ (FGP) performance has been under severe pressure in the last few quarters.
Ferrellgas Partners’ adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) fell to $105 million compared to $138.3 million in the corresponding quarter last year.
IBM’s Strategic Imperatives segment saw its revenue rise 12% and 14% to $9.5 billion and $32.8 billion in fiscal 4Q16 and 2016, respectively.
In fiscal 4Q16, the Cognitive Solutions and Services segment’s revenues grew 2% YoY to $5.3 billion, on a constant currency basis.
In 4Q16, IBM’s (IBM) Technology Services and Cloud Platforms segment rose 2% to $9.3 billion.