Dress Barn Posts Lower 1Q Profit
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Women&#39;s discount clothing retailer Dress Barn Inc. said Wednesday that first-quarter earnings declined due to weak fall merchandise sales as a result of warmer weather and hurricanes that affected stores in the southeastern United States.
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JJB Sports has warned that full-year profits will come in around 20 percent lower as a dismal summer and tough competition hit sales of T-shirts and shorts, sending its shares 19 percent lower.
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May Department Stores Co. MAY.N,  parent of Lord & Taylor and David's Bridal retail chains, on  Tuesday posted a lower quarterly profit on disappointing sales  of dresses and home furnishings.
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Bank of New York Mellon Corp   said on Thursday fourth-quarter profit fell, reflecting a  one-time gain a year earlier.
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Apparel retailer Liz Claiborne Inc.   posted lower quarterly profit on Wednesday after  charges for restructuring.
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U.S. pork producer Smithfield Foods  Inc.  said on Thursday that quarterly profits declined  because high feed prices hurt results in its hog production  unit.
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(Corrects second paragraph to show earnings of $17,000, not $28,000)     NEW YORK  - Apparel retailer Talbots Inc.  said on Wednesday that quarterly net profit fell, hurt by heavy markdowns and declining sales at its flagship Talbots chain.
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Tokyo's Nikkei fell nearly 1 percent to a  one-month low by Thursday afternoon as stocks like NEC Corp.  dropped after disappointing earnings from U.S. companies fanned  concern over profit trends and sent Wall Street lower.
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Bank of New York Mellon Corp  said on Thursday fourth-quarter profit fell, reflecting a one-time gain a year earlier.
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The company said that one-time costs and a recall of Easy-Bake Ovens drove its second-quarter profit well below year-ago results.
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The warehouse club operator warned of lower quarterly profit as customers cut back on large purchases like furniture.
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Young women's clothing retailer Charlotte Russe Holding Inc.  on Thursday slashed its quarterly earnings and sales forecast after a disappointing back-to-school season, sending its stock down 21 percent.
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Design software maker Adobe   Systems Inc. ADBE.O on Thursday posted a lower quarterly   profit as expenses rose, but results topped average Wall Street   forecasts and shares rose 8 percent.
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The chemical maker reported a quarterly profit that was lower than expected, in part due to weak demand from the housing and auto markets.
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Sales were lower than expected, and the quality of earnings is in question.
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Brown Shoe Co. Inc.  said on Thursday quarterly profit fell, hurt by a charge and lower-than-expected sales in its wholesale division.
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Discount retailer Dollar General Corp.   DG.N on Thursday posted lower quarterly profit, hurt by weak   gross profit margins and a disappointing start to the   back-to-school shopping season.