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DAVIDsTEA (DTEA) reported earnings on Thur 10 Dec 2015 (a/h)

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DAVIDsTEA beats by $0.01, beats on revs; guides Q4 ~in-line :

• Reports Q3 (Oct) loss of CC$0.03 per share, CC$0.01 better than the Capital IQ Consensus of (CC$0.04); revenues rose 32.5% year/year to CC$36.3 mln vs the CC$34.55 mln Capital IQ Consensus.
  • Comps +6.3% vs. slightly above mid single digit growth guidance.
• Co issues guidance for Q4, sees EPS of C$0.42-0.44, excluding non-recurring items, vs. C$0.43 Capital IQ Consensus Estimate; sees Q4 revs of C$70-72 mln vs. C$72.39 mln Capital IQ Consensus; comps slightly above mid-single digit growth.

Atlassian (TEAM) started trading on the Nasdaq on 10 December 2015

• Atlassian (TEAM) an enterprise software company, closed at $27.78 Thursday, up 32% from its issue price. The company had set an issue price of $21 Wednesday night, above its previously given range of $18 to $20. With the offering, the company said it was selling 22 million shares to raise $462 million. Volume was about 15 million shares, which was more than triple the average volume of the S&P 500 stocks, according to FactSet.

Dave & Busters (PLAY) reported earnings Tue 8 Dec 2015 (a/h)

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 Dave & Busters beats by $0.09, beats on revs; guides FY16 revs above consensus, same store comps +8.8%  :

• Reports Q3 (Oct) earnings of $0.12 per share, excluding non-recurring items,$0.09 better than the Capital IQ Consensus of $0.03; revenues rose 17.9% year/year to $192.75 mln vs the $185.39 mln Capital IQ Consensus.
• Co issues upside guidance for FY16, sees FY16 revs of $857-861 mln vs. $851.78 mln Capital IQ Consensus Estimate and vs prior guidance of $844-853 mln. Co increases FY16 pro-forma net income guidance to $59.0-60.5 mln from $52.5-55.0 mln previously. FY16 comparable store sales guidance increased to +8.5-9.0% from +6.5-7.5% previously.
• Comparable store sales in Q3 increased +8.8%, inclusive of an estimated negative 110 basis point Halloween calendar shift, and despite lapping an 8.7% gain from the prior year.
• Co says it's "experiencing a phenomenal year of record results and we are very pleased to be increasing our annual guidance for the third consecutive time."
• "Guests continued to respond well to our 'Summer of Games' promotion which concluded in [Q3] with our subsequent football-related promotions along with new food and beverage introductions. Our sales strength during the third quarter was well-represented across categories, operating days, day-parts, and geographies."
• Co is slated to open 8-9 new stores this year, mostly in the large store format, and are projecting 9-10 in 2016 across both store formats. 

Freescale Semiconductor (FSL) to be acquired by NXP Semiconductors (NXPI)

• Freescale Semiconductor (FSL) was acquired by NXP Semiconductors (NXPI) for about $16.7 billion. (7 Dec 2015)

   

Pure Storage (PSTG) reported earnings Thur 3 Dec 2015

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Pure Storage beats by $0.13, beats on revs; sees Q4 revs above consensus :

Reports Q3 EPS of ($0.18) vs ($0.31) Capital IQ consensus; revs rose 167% YoY to $131.4 mln vs $107.4 mln consensus.

• Fourth Quarter Fiscal 2016 Guidance: Co sees revs in the range of $134-139 mln vs $122.9 mln consensus

Michaels Stores (MIK) reported earnings Thur 3 Dec 2015

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Michaels Stores beats by $0.01, reports revs in-line; guides Q4 EPS :

• Reports Q3 (Oct) earnings of $0.37 per share, $0.01 better than the Capital IQ Consensus of $0.36; revenues rose 3.4% year/year to $1.17 bln vs the $1.17 bln Capital IQ Consensus. Comparable store sales increased by 1.5% or 3.1% on a constant currency basis.
• Co issues in-line guidance for Q4, sees EPS of $0.82-0.85 vs. $0.85 Capital IQ Consensus Estimate. Sees fourth quarter comparable store sales growth of 0.5% to 1.5% or 1.9% to 2.9% on a constant currency basis, operating income of $308 to $319 million.

Box (BOX) reported earnings Wed 2 Dec 2015 (a/h)

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Box reports EPS in-line, beats on revs; guides Q4 revs just above consensus; raises margin guidance :

• Reports Q3 (Oct) loss of $0.31 per share, excluding non-recurring items, in-line with the Capital IQ Consensus of ($0.31); revenues rose 38.1% year/year to $78.7 mln vs the $76.76 mln Capital IQ Consensus. Billings +37% to $89.4 mln.
• Co issues upside guidance for Q4, sees Q4 revs of $81-82 mln vs. $80.82 mln Capital IQ Consensus; non-GAAP operating margin (43-44%).
• Raises FY16 non-GAAP op. margin to -46% from (47-49%).