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Reports from Kroger, Jos. A Bank and Dollar General; Costco slides

 

Now four hot stocks The Yahoo Finance team will be watching for you today.

First up, Jos. A Bank (JOSB), which reported earnings this morning. The clothing company says it made 51-cents a share beating estimates by $.02. The company also posted revenues of $247.5 million, a rise of 6.3% from last year.

As you may remember, rival Men's Warehouse made a bid to buy Jos. A Bank last week for $1.54 billion. That bid turned the tables after Jos. A Bank made an offer to buy Men's Warehouse back in September. The bids have definitely helped shareholders as both companies are up over 34% in the past three months.

Next, Costco (COST). The wholesale retailer fell short of expectations when it reported same store sales rose 2% for November. That missed estimates for a 3.3% percent increase. The miss is being attributed to lower gas prices and weak foreign currencies. Even with the miss, it's still been a good year for Costco as stocks are up over 21% year to date.

Now, Kroger (KR). The food chain reported adjusted earnings of $0.53 a share, up from $0.46 a year ago. That met analysts expectations. And while revenue was up 3% to $22.51 billion from $21.81 billion, they missed analysts' expectations of $22.72 billion. Kroger's shares are up more than 57% so far this year.

Finally, Dollar General (DG), which also trades on the NYSE. It reported earnings this morning of $0.72 a share, beating estimates by $0.02. They also reported revenue of $4.38 billion - that's a 10.5% rise from last year, a little short but pretty much in line with expectations. Dollar General has seen shares rise over 31% year-to-date.

 

 

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