Seeking Alpha

Shares of Collective Brands (PSS -11.1%) fall sharply after the firm misfires with its Q3 report...

Shares of Collective Brands (PSS -11.1%) fall sharply after the firm misfires with its Q3 report - announcing revenue of $894M vs. a consensus estimate of $908M. CEO Michael Massey says the firm has learned from the weak performance of its Payless unit and is in the process of implementing "pricing actions" that will improve sales. The company plans to accelerate its store closings in 2011 to 350 from 315.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs