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Collective Brands, Inc. (PSS)

PSS is defunct.
  • Oct. 25, 2012, 11:36 AM
    Shares of athenahealth (ATHN -2.1%) dip on the back of today's earlier announcement that PSS Worldwide (PSSI +33%) had agreed to be acquired by McKesson (MCK +4%). PSSI currently sells ATHN's services to physicians, and investors appear to be concerned that the relationship is likely to be derailed over the long-term, despite MCK's assertion that it doesn't plan to immediately "distort or dismantle" any of PSS's relationships "without careful evaluation."
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  • Sep. 25, 2012, 6:06 PM
    Some more S&P MidCap 400 changes: InterDigital (IDCC) will replace Quest Software (QSFT) as of the Sep. 28 close, and Genesee & Wyoming (GWR) will replace Collective Brands (PSS) as of the Oct. 1 close. Quest shareholders just approved the company's $28/share acquisition by Dell. IDCC +3.2% AH.
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  • Aug. 31, 2012, 4:30 PM
    More on Collective Brands (PSS): Q2 misses across the board on flat revenue Y/Y. 2.9% Comp store sales +2.9%, sales growth +6.1% in the Performance + Lifestyle Group Wholesale segment, which was offset in large part by operating 375 fewer stores.
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  • Aug. 31, 2012, 3:52 PM
    Collective Brands (PSS): Q2 EPS of $0.16 misses by $0.06. Revenue of $886M (+0.4% Y/Y) misses by $15M.
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  • May. 22, 2012, 4:25 PM
    More on Collective Brands (PSS): Q1 beats on both EPS and revenue estimates. Net sales rose 5% to $912M, driven by an 8/1% jump in comp store sales, and sales growth of 8.3% in its Performance + Lifestyle Group wholesale segment. Bottom line margins also benefited from lower SG&A expenses. Shares +0.3% AH.
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  • May. 22, 2012, 4:03 PM
    Collective Brands (PSS): Q1 EPS of $068 beats by $0.27. Revenue of $912M (+5% Y/Y) beats by $34M. (PR)
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  • May. 22, 2012, 12:10 AM
    Notable earnings after Tuesday's close: ADI, AVGO, CPWR, DELL, GES, PETM, PSS, QIHU, STV, TTWO
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  • May. 21, 2012, 5:35 PM
    Notable earnings after Tuesday's close: ADI, AVGO, CPWR, DELL, GES, PETM, PSS, QIHU, STV, TTWO
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  • May. 2, 2012, 7:39 AM
    Collective Brands (PSS) will get sliced up into two after a consortium bought the company for $2B. Wolverine Worldwide (WWW) will end up with the Sperry, Keds, Saucony, and Stride Rite brands - while Blum Capital and Golden Gate Capital will get Payless and Collective Licensing International.
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  • May. 1, 2012, 9:38 AM
    Collective Brands (PSS) gets snapped up by a consortium led by Wolverine World Wide Group (WWW +1.1%) and Golden Gate Capital for $21.75 a share after word leaked yesterday that a deal was in the works. PSS +2.2% to $21.21.
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  • Apr. 30, 2012, 3:12 AM
    Collective Brands (PSS) has apparently picked Wolverine World Wide (WWW) and Golden Gate Capital as the leading group to buy the company, with sources saying an acquisition could be announced as soon as this week at $21-22 per share.
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  • Apr. 24, 2012, 12:10 PM
    Collective Brands (PSS +3.9%) is weighing final offers to sell itself to South Korea's E-Land or Wolverine World Wide (WWW -0.4%), Bloomberg reports. The Payless Shoe parent has attracted at least one bid valued at ~$2B; PSS is said to plan to make a decision on the bids in the coming days.
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  • Apr. 24, 2012, 9:00 AM
    Premarket gainers: RMBS +5%. BYD +5%. PSS +4%. BHI +4%. GRFS +4%. HSY +4%. KERX +3%. MMM +3%. SNV +3%. TXN +3%. F +3%.
    Losers: BIG -18%. NFLX -15%. RSH -10%. CXW -10%. SYMC -7%. WAT -7%. ARMH -5%. NOK -4%. RBDS -3%. COH -3%. ING -3%.
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  • Apr. 5, 2012, 9:01 AM
    Payless Shoes parent Collective Brands (PSS) is poised to sell itself for less than any apparel retailer in America - $20-$22/share - which appears to be the best price it can get, Bloomberg reports. While the range is more than double PSS’s price since it began reviewing its options in August, a buyer would get the retailer at a 62% discount to sales.
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  • Mar. 29, 2012, 9:15 AM
    Premarket gainers: PSS +11%. RHT +7%. THLS +6%. ILMN +4%. ZLCS +3%. HERO +3%. BNNY +3%.
    Losers: CHTP -29%. NBG -6%. NCT -5%. JBLU -4%. BBY -4%. ATPG -3%. ONTY -3%. MTL -3%. ING -3%. BCS -3%. VVUS -3%. ARNA -3%. TOT -3%.
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  • Mar. 29, 2012, 8:52 AM
    Collective Brands (PSS) +10.1% premarket following a Korean business newspaper report that South Korean retailer E-land is planning a $1.8B bid for the owner of Payless and Stride Rite shoe stores. PSS had announced last August plans to shutter underperforming stores and conduct a strategic review.
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Company Description
Collective Brands, Inc. (“Collective Brands” or the “Company”) is a leader in bringing compelling lifestyle, fashion and performance brands for footwear and related accessories to consumers worldwide. We operate a hybrid business model with a product portfolio of powerful brands and private... More
Sector: Services
Industry: Apparel Stores
Country: United States