Earnings roundup: Wal-Mart 2Q income unchanged, Kohl’s profit dips in 2Q but still beats views

Earnings roundup: Wal-Mart, Kohl’s

Among the earnings stories for Thursday, Aug. 13, from AP Financial News:

NEW YORK (AP) — Wal-Mart Stores Inc. reported second-quarter income virtually unchanged from a year ago, but results beat Wall Street expectations.

MENOMONEE FALLS, Wis. (AP) — Kohl’s Corp. said that its fiscal second-quarter profit dipped 3 percent on higher expenses, but its results beat Wall Street’s expectations.

PLANO, Texas (AP) — Dr Pepper Snapple Group Inc. said that its second-quarter profit climbed 46 percent, free of costs that burdened the drinks maker a year ago.

NEW YORK (AP) — Estee Lauder Cos. said it posted a fiscal fourth-quarter loss because of hefty restructuring charges and unfavorable exchange rates that dampened sales for the cosmetics and perfume company.

PHILADELPHIA (AP) — Apparel retailer Urban Outfitters Inc. said that its second-quarter profit fell 14 percent, stung by same-store sales declines at its Anthropologie, Free People and namesake stores and higher expenses.