Titan Industries Ltd reported a 41% rise in first-quarter net profit, helped by higher watch sales, beating expectations. The watch and jewellery retailer reported April-June net profit of 460.4 million rupees, compared with 330 million rupees forecast.
Shares in Randgold Resources shed 2.5 percent after the West Africa-focused gold miner posted "mixed" second-quarter results accompanied by a share offering, with Numis Securities cutting its rating to "sell from "reduce".
De Beers' far from sparkling results show its management is finally tackling costs and over-production, but that won't stop Anglo American CEO Cynthia Carroll fretting about the diamond group's debts as she tries to wriggle out of Xstrata's bear hug.
A private equity deal is looking the most likely solution in Safilo's quest to strengthen its balance sheet, as Bain Capital remains the last contender in a race for a stake in the debt-laden eyewear maker.
Footwear maker Deckers Outdoor Corp posted a surprise second-quarter profit, helped by cost controls, but forecast a weak fourth quarter, when sales of its trademark sheepskin boots are traditionally strongest.
Women's apparel retailer Coldwater Creek Inc said it continue to expect a second-quarter loss but sees a sequential improvement in business trends, helped by positive customer response to its summer collection.
Footwear maker Skechers USA Inc posted a narrower-than-expected quarterly loss, benefiting from its focus on inventory management and tighter cost controls, and said it expects to be profitable in the second half of the year.
Teen-clothing retailer Pacific Sunwear of California Inc widened its second-quarter loss outlook, weighed down by increased charges and a bigger-than-expected drop in same-store sales, sending its shares tumbling 12 percent in trading after the bell.