Outlook roundup: DSW, Fred's

Among the earnings projection stories for Thursday, May 29, from AP Financial News:

COLUMBUS, OHIO (AP) _ Discount shoe retailer DSW Inc. on Thursday reaffirmed its guidance, after it reported first-quarter profit fell 57 percent.

MEMPHIS, Tenn. (AP) _ Discount retailer Fred's Inc. said Thursday charges to continue closing underpeforming stores may nullify its second-quarter profit.

ROCHESTER, N.Y. (AP) _ Monro Muffler Brake Inc., a supplier of automotive repair and tire services, reaffirmed is fiscal 2009 earnings outlook Thursday after reporting its fiscal fourth-quarter profit slipped.

FALLS CHURCH, Va. (AP) _ Defense contractor DynCorp International Inc. on Thursday issued an earnings prediction for fiscal 2009 below Wall Street's current expectations.

FRANKFURT, Germany (AP) _ Germany's Infineon Technologies AG revised its outlook Thursday to reflect a diminished volume in wireless projects, sending its shares plunging nearly 10 percent.

COLUMBUS, Ohio (AP) _ Big Lots Inc., which specializes in buying closeout items from other retailers and selling them at a discount, lifted its full-year outlook Thursday after reporting a 20 percent rise in first-quarter profit.

Comment (0)
Recommended (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 654271, ~/articles/articlehandler.aspx, 10/12/2008 6:26:22 AM,

Sign up for FREE Motley Fool site access!

Already registered? Login Here

It’s FREE! Enter your email address, and we’ll rush you to the article you're looking for right now.

Privacy / Legal Information

We will use your email address only to keep you informed about updates to our web site and about other products and services that we think might interest you. The Motley Fool respects your privacy. Please read our Privacy Statement

.

Related Tickers

Big Lots, Inc.

BIG Up! $23.33 +1.16 (+5.23%) 4:07 PM
CAPS Rating:
280 Outperforms
103 Underperforms
Rate This Stock

Major Indices

S&P 500899.22 -1.18%
DJIA8,451.19 -1.49%
NASD1,649.51+0.27%
Updated: 4:09:31 PM
Sponsored by:

The Motley Poll

What do you think will be the best performing sector over the next six months?

Sponsored by: