Last $47.18 USD
Change Today 0.00 / 0.00%
Volume 0.0
BLKIB On Other Exchanges
Symbol
Exchange
OTC US
OTC BB
As of 4:30 PM 06/5/14 All times are local (Market data is delayed by at least 15 minutes).

belk inc-cl b (BLKIB) Snapshot

Open
--
Previous Close
$47.18
Day High
--
Day Low
--
52 Week High
12/17/13 - $55.00
52 Week Low
06/5/14 - $47.18
Market Cap
--
Average Volume 10 Days
0.0
EPS TTM
$3.67
Shares Outstanding
1.1M
EX-Date
04/24/14
P/E TM
--
Dividend
$0.80
Dividend Yield
1.70%
Current Stock Chart for BELK INC-CL B (BLKIB)

Related News

No related news articles were found.

belk inc-cl b (BLKIB) Related Businessweek News

No Related Businessweek News Found

belk inc-cl b (BLKIB) Details

Belk, Inc., together with its subsidiaries, owns and operates department stores in the United States. Its stores offer fashion apparel, shoes, and accessories for women, men, and children; sportswear for women; and cosmetics, home furnishings, house wares, fine jewelry, gifts, handbags, scarves, small leather goods, denims, and other merchandise. The company also sells its products through its Website, belk.com, as well as provides equipment maintenance services to third parties. As of July 9, 2014, it operated 299 stores in 16 states. Belk, Inc. was founded in 1888 and is headquartered in Charlotte, North Carolina.

24,700 Employees
Last Reported Date: 04/15/14
Founded in 1888

belk inc-cl b (BLKIB) Top Compensated Officers

Chairman, Chief Executive Officer and Member ...
Total Annual Compensation: $1.1M
President, Chief Operating Officer, Director ...
Total Annual Compensation: $881.2K
President and Chief Merchandising Officer
Total Annual Compensation: $721.7K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $575.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $701.0K
Compensation as of Fiscal Year 2014.

belk inc-cl b (BLKIB) Key Developments

Belk to Open New Store in Greensboro, North Carolina

Belk Inc. has announced the opening of a new Home store at 604 Green Valley Road in Greensboro, North Carolina. The company also announced the re-opening of its store at Friendly Center in Greensboro, North Carolina. The brand-new home department will celebrate its opening on July 25, while the main store that has undergone a complete renovation will re-open on October 15. The new store will allow Belk to expand its assortments of brand merchandise and greatly enhance the shopping environments for customers in the Triad area.

Belk Inc. to Expand Union County E-Commerce Distribution Center

Belk Inc. is expanding its Union County e-commerce distribution and fulfillment center operations for the second time since establishing there in mid-June 2012. The $47 million investment will expand the facility footprint by 50% and add 20 new jobs, which will grow the company's Jonesville presence to 314 employees. The expansion, which is expected to be completed in January 2015, will add more than 345,000 square feet of newly constructed space to the 515,000-square-foot building. The Jonesville facility, located at 3805 Furman L. Fendley Highway, was recently acquired by CPA:18 - Global, a non-traded REIT affiliate of global real estate investment trust W.P. Carey Inc. and is being leased to Belk. Belk and CPA:18 - Global will invest a collective $47 million, which includes funding for construction and to up fit the facility with equipment such as conveyor systems, racking and automation. The company announced in December its intention to hire an additional 170 personnel by the end of 2015, and this expansion grows those expectations to add another 20 jobs. Those interested in employment opportunities with the company may visit Belk's careers page and search for positions in Jonesville, S.C.

Belk Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended May 3, 2014

Belk Inc. announced unaudited consolidated earnings results for the first quarter ended May 3, 2014. For the quarter, the company reported net income fell nearly 32% to $19.3 million against $28.2 million a year ago. The decrease was primarily the result of higher expenses associated with the company's investments in strategic initiatives during the period. Revenue dipped slightly to $955.1 million in the latest quarter from $955.8 million a year ago. The department store chain attributes the earnings decline to higher expenses associated with investments in strategic initiatives. Operating income was $41.0 million compared with $54.5 million a year ago. Income before income taxes was $29.5 million compared with $43.7 million a year ago. Net income excluding non-comparable items totaled $19.4 million compared to $28.4 million in the prior year period.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BLKIB:US $47.18 USD 0.00

BLKIB Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Dillard's Inc $119.42 USD -1.22
Emerson Radio Corp $1.64 USD +0.04
Skullcandy Inc $7.19 USD -0.04
VOXX International Corp $9.00 USD -0.23
View Industry Companies
 

Industry Analysis

BLKIB

Industry Average

Valuation BLKIB Industry Range
Price/Earnings 14.4x
Price/Sales 0.5x
Price/Book 1.6x
Price/Cash Flow 13.4x
TEV/Sales 0.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BELK INC-CL B, please visit www.belk.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.