GlaxoSmithKline FY18 Pretax Profit Rises; Sales Up 5% CER – Quick Facts

GlaxoSmithKline PLC (GSK.L, GSK) reported profit before tax of 4.80 billion pounds for the year ended 31 December 2018 compared to 3.52 billion pounds, previous year. Earnings per share was 73.7 pence compared to 31.4 pence. Adjusted operating profit was 8.75 billion pounds, up 2% AER or an increase of 6% from previous year. Adjusted earnings per share was 119.4 pence compared to 111.8 pence, prior year.
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Quick Picks: J. Press Winter Sale

J. Press: Up to 60% off Winter Sale (anything over 25% off = Final Sale)

J. Press is not known to everyone. They are traditional, preppy, sometimes expensive, and haven’t saturated the web quite like bigger brands and retailers. Some people love em’. Some people think they’re classic to the point of being old and dusty.

Doesn’t mean this sale isn’t worth covering.

Anything over 25% off is final sale. No returns. So be careful. Also know that navigating their site is kinda a pain. To find all items on sale, you’ll have to scout through each category one at a time. Seems like their “sale” links aren’t showing the full inventory of markdowns. Big thanks to Ben M. for sending in the tip and feedback on individual items for this one!

 

Loake Suede Monk Straps in Brown or Navy – $ 221.25 ($ 295)

A nice little surprise, especially with winter (hopefully) coming to a close in the next month or two. Right at 25% off so I think you can return them? Made in England and sized in UK sizes. Most suggest going down half a size from your US size. See Loake’s conversion chart here.

 

Loake Chelsea boots in brown or black – $ 206.25 ($ 275)

Also right at 25% off, so, I believe these can be returned. Also sized in UK Sizes, so, do that conversion. No idea what’s going on with their graphics as shown above. That “blip” on each boot, towards the top of the shaft? Beats me. A glitch in the Matrix?

 

Barbour Flyweight Chelsea – $ 137.40 FINAL ($ 229) or Lowerdale Vest – $ 107.40 FINAL ($ 179)

Couple of transitional weather pieces of classic British designed outerwear. More than a couple of colors to pick from. Really liking that lighter blue. Didn’t even know they made one in that shade.

 

 

Made in the USA Navy Gingham Classic Fit Button Down – $ 81 FINAL ($ 135)

Not J. Crew Factory pricing. And that’s understandable. Made in the USA. Check out the substantial collar. Classic fit here.

 

Made in Scotland Merino Shawl Collar Sweaters – $ 110 FINAL ($ 275)

Big thanks again to Ben M. for the tip and feedback here. He bought the gray option, said it’s a nice, substantial, warm sweater, but note that the tags say the sweaters are actually made in Ireland. Not Scotland. And I’m pretty sure the Scots and the Irish are tired of people confusing the two.

 

Made in Scotland Shetland Fair Isle Sweaters – $ 104 FINAL ($ 260)

The real deal and not some cheap imitation. Final sale though.

 

Shinola Assembled in the USA Runwell in Black/Blue or Orange/Cream – $ 330 FINAL ($ 575)

Yes they’re quartz. Yes, some watch snobs turn their noses up at the idea of Shinola. But they’re assembled in Detroit, and some people love the updated vintage aesthetic that Shinola goes after. And the brand just doesn’t go on sale anywhere all that often.

 

Made in the USA Silk Bulldog or Skull & Bones Tie – $ 47.40 FINAL ($ 79)

So preppy it hurts. Anyone for a game of squash? Anywho, made in the USA and 3.25″ wide. Lots of other ties are on sale too.

 

Merino Wool Cardigan Vest in Navy or Charcoal – $ 74 FINAL ($ 185)

For awhile there I was convinced that I was gonna become a Social Studies teacher. That dream died quick once I realized I couldn’t stay awake after reading more than 50 pages of anything. Phone book, Harry Potter*, War & Peace, whatever. So yeah. Had to pivot.

 

Wool Blend Ivy Cap in Olive – $ 66 FINAL or Grey Multi Pane – $ 58.80 FINAL ($ 98 – $ 110)

In case you’ve reached the age where you can wear hats un-ironically. Or maybe you just really like Peaky Blinders. Or you just can’t help but break into “Seize the Day” every once in awhile.

*I’ve never read a word of Harry Potter. Don’t know how it hasn’t happened, but it just hasn’t. Yet, every time I walk into the room and Mrs. Dappered has the TV on, Harry Potter or Lord of the Rings is playing.


Dappered Style Mail

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Hannover Re Affirms Outlook For FY18 And FY19 – Quick Facts

German re-insurer Hannover Re AG (HVRRY.PK, HVRRF.PK) said Tuesday that against a backdrop of modestly improved conditions from an overall perspective, the company increased its premium volume in traditional property and casualty reinsurance by 15.4 percent on a currency-adjusted basis to 6.4 billion euros in the 1 January 2019 treaty renewals.
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EBay To Return Approx. $7.0 Bln To Shareholders Over Two Years – Quick Facts

eBay Inc. (EBAY) announced the company expects to return approximately $ 7.0 billion to shareholders through dividends and repurchases over the next two years, with approximately $ 5.5 billion in 2019 and approximately $ 1.5 billion in 2020. eBay announced the initiation of a quarterly dividend of $ 0.14 per share, with the first quarterly dividend to be paid on or about March 20, 2019 to shareholders of record as of the close of business on March 1, 2019. The company also announced an increase in share repurchase authorization by an additional $ 4.0 billion with no expiration, with an expected 2019 share repurchase of approximately $ 5.0 billion.
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Sherwin-Williams Lowers FY18 Earnings Outlook – Quick Facts

Sherwin-Williams Company (SHW) on Tuesday announced preliminary unaudited sales and earnings results for the fourth quarter and full year ended December 31, 2018. The company lowered its earnings outlook for fiscal 2018, citing non-operating expenses and lower fourth-quarter sales.
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Ford Motor Q4 Prel. Earnings Below Estimates – Quick Facts

Ford Motor Company (F) reported, for the fourth-quarter, preliminary adjusted EPS of $ 0.30 compared to $ 0.39, last year. On average, 17 analysts polled by Thomson Reuters expected the company to report profit per share of $ 0.32 for the quarter. Analysts’ estimates typically exclude special items.
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Südzucker 9-month Operating Result Declines; Confirms FY Forecast – Quick Facts

Südzucker AG (SUEZF.PK) reported that in the first three quarters (1 March 2018 to 30 November 2018) of the current fiscal year 2018/19, group revenues were 5.19 billion euros compared to 5.30 billion euros, prior year. The consolidated group operating result fell significantly to 116 million euros from 384 million euros. The company said the decline was driven mainly by the sugar segment losses as of the third quarter. The CropEnergies segment’s operating result also dropped substantially.
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Philips Announces Realignment Of Reporting Segments – Quick Facts

Royal Philips (PHG) announced a realignment of its three reporting segments Diagnosis & Treatment, Connected Care & Health Informatics, and Personal Health. The company said the most notable changes are the shift of the Sleep & Respiratory Care business from the Personal Health segment to the renamed Connected Care segment and the shift of the Healthcare Informatics business from the Connected Care segment to the Diagnosis & Treatment segment.
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Carl Zeiss Meditec AG FY EBIT Rises; Revenue Up 7.6% – Quick Facts

Carl Zeiss Meditec AG (CZMWF.PK) reported that its fiscal year 2017/18 earnings before interest and taxes (EBIT) rose to 197.1 million euros from 180.8 million euros, prior year. The EBIT margin was at 15.4 percent compared to 15.2 percent. Earnings per share was 1.41 euros compared to 1.57 euros. The company said this decrease was attributable to negative currency effects and to the increased number of shares.
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H&M Group FY18 Sales Incl. VAT Up 5% – Quick Facts

Hennes & Mauritz AB (HNNMY.PK, HMRZF.PK, HEN.L) reported that the group’s sales including VAT increased by 5 percent to 244.27 billion Swedish kronor in the financial year of 2018. Sales excluding VAT increased to 210.41 billion kronor from 200.00 billion kronor. In local currencies, sales including VAT increased by 3 percent.
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Severn Trent H1 Profit Rises; Hikes Interim Dividend – Quick Facts

Severn Trent Plc (SVT.L), a UK water and waste water company, reported Thursday that its profit on ordinary activities before taxation for the six months ended 30 September 2018 rose to 203.6 million pounds from a restated 180.9 million pounds in the same period last year.
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Abercrombie & Fitch On Track To Deliver Top-line Growth For FY18 – Quick Facts

Abercrombie & Fitch Co. (ANF) announced, for fiscal 2018, the company expects: net sales to be up in the range of 2% to 4%, including the adverse effect from the loss of fiscal 2017’s 53rd week of approximately $ 40 million, partially offset by a benefit from foreign currency exchange rates of approximately $ 10 million. Comparable sales are to be up in the range of 2% to 4%. The company projects gross profit rate to be up slightly from the fiscal 2017 rate of 59.7%.
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Compass Group FY18 Underlying Profit Rises; Hikes Dividend – Quick Facts

Food and support services company Compass Group Plc. (CPG.L, CMPGF.PK) said its profit before tax for the year ended September 30 2018 declined 2.6 percent to 1.52 billion pounds from 1.56 billion pounds in the prior-year period. Earnings per share edged down 0.4 percent to 71.0 pence from 71.3 pence a year ago, mainly due to the adverse impact of foreign exchange during the year.
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SIG Plc 4-month Revenues Decline; Affirms Outlook – Quick Facts

Specialist building products distributor SIG Plc (SHI.L), in its four-month trading update for the period ended October 31, 2018, reported that group revenues from continuing operations decreased 2.3 percent, with increased working days contributing a further 1.6 percent, offset by 0.3 percent currency. Like-for-like revenues declined 3.3 percent.
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United Utilities H1 Profit Rises; Hikes Interim Dividend – Quick Facts

United Utilities Group PLC (UU.L, UUGRY.PK) reported profit before tax of 259.6 million pounds for the half year ended 30 September 2018, up from 242.3 million pounds in the year-ago period. Earnings per share were 31.2 pence, compared to 28.9 pence last year.
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Mizuho Financial Group H1 Profit Up 13.4%; Affirms FY18 Outlook – Quick Facts

Japanese lender Mizuho Financial Group (MFG, MZHOF.OB) on Wednesday reported that its profit attributable to owners of the parent for the six months ended September 30, 2018 increased 13.4 percent to 359.36 billion Japanese yen from 316.65 billion yen in the year-ago period. Earnings per share were 14.16 yen, up from 12.47 yen a year ago.
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British Land Slips To Loss In H1 – Quick Facts

British Land Co Plc. (BRLAF, BTLCY, BLND.L) reported Thursday that its IFRS loss before tax for the six months ended 30 September 2018 was 42 million pounds, compared to profit of 238 million pounds in the year-ago period. IFRS basic loss per share for the period was 4.9 pence, compared to earnings of 23.2 pence last year.
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Tencent Q3 Profit Up 30% – Quick Facts

Tencent Holdings Limited (TCEHY.PK), a provider of Internet value added services in China, reported that its profit attributable to equity holders of the company for the third quarter was RMB 23.33 billion or $ 3.39 billion, an increase of 30 percent from RMB 18.05 billion in the prior-year quarter. Earnings per share for the quarter were RMB 2.44, up from RMB 1.89 in the year-ago period.
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ITG To Be Acquired By Virtu Financial; Q3 Results Beat View – Quick Facts

Investment Technology Group Inc. (ITG), an agency broker and financial technology provider, said that Virtu Financial, Inc. (VIRT) has agreed to acquire all outstanding shares of ITG’s common stock for $ 30.30 per share in cash. ITG also reported third-quarter financial results that beat analysts’ estimates.
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Konami H1 Profit Edges Up 0.1%; Affirms FY Outlook – Quick Facts

Konami Holdings Corp. (KNM), an entertainment and health fitness company, reported that its profit attributable to owners of the parent for the six months ended September 30, 2018 edged up 0.1 percent to 17.20 billion yen from 17.18 billion yen in the same period last year. Earnings per share were 125.22 yen, compared to 125.12 yen in the previous-year period.
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Old Dominion Freight Line Q3 Profit Surges; Beats View – Quick Facts

Old Dominion Freight Line Inc. (ODFL) on Thursday reported a 69.5 percent surge in profit for the third quarter from last year on double-digit growth in revenues. Earnings per share for the quarter beat analysts’ estimates, while revenues matched expectations.
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Amphenol Raises FY18 Outlook – Quick Facts

While reporting its third-quarter financial results, Amphenol Corp. (APH) said that for the full year 2018, the company now expects to achieve sales in a range of $ 8.040 billion to $ 8.080 billion, an increase over 2017 of 15 percent, as well as adjusted earnings per share in a range of $ 3.68 to $ 3.70, an increase over 2017 of 18 percent to 19 percent.
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Meghan Markle and Prince Harry Make a Quick Outfit Change to Hit the Beach in Australia

Meghan Markle and Prince Harry are keeping the beach clean — and looking stylish while doing it!

The couple, who announced Monday that they are expecting their first child, continued the third day of their royal tour by visiting Albert Park Primary School and also the beach in Melbourne, Australia.

Before their final outings of the day, the pair made quick outfit changes from their earlier looks. They did not, however, choose the most practical beach attire.

Meghan, 37, ditched her navy dress and matching suede heels for a black Club Monaco “Miguelina” dress with her trusty black Rothy’s flats — a shoe she has previously switched into during their tour.

She did, however, kept on her Martin Grant trench coat which has been a fashion staple for her during their royal tour.

Meanwhile, Harry, 34, — who matched his wife at their prior events in a navy suit with a white button-down shirt — switched into a pair of black pants and a gray jacket.

The royal ditched his tie and opted to leave his shirt collar buttoned.

RELATED: Royals Mania! Prince Harry and Meghan Markle Treated Like Pop Stars as They Arrive in Melbourne

The couple first met with student Sustainability Leaders and Waste Warriors at Albert Park Primary School and learned how the sustainability programs are integrated into the curriculum, before being greeted by many of the school’s younger students.

At one stop along the school’s pathway, Harry sweetly asked a group of students — who were lined up outside excitedly squealing, waving, and yelling their names — if this is where they went to school. One child ignored the question and instead, simply told the prince that he resembled their uncle.

Keeping with their sustainable theme, the pair rode public transport to their next stop, hopping on one of Melbourne’s iconic trams for a short ride from the school to South Melbourne Beach.

As they left, onlookers waved from the crowd, while some even stood on top of their roofs across the street to catch a glimpse of the royal couple.

Can’t get enough of PEOPLE’s Royals coverage? Sign up for our newsletter to get the latest updates on Kate Middleton, Meghan Markle and more!

Onboard the tram, the royals interacted with more schoolchildren during the quick ride. A few minutes later, they arrived at the beach where they were welcomed by another large set of excited onlookers.

As they made their way onto the sand, the couple was greeted by volunteers from BeachPatrol and local children from the area for a beach cleanup. The organization dedicates itself to keeping Melbourne’s shores free of litter to reduce the negative impact of litter on the marine environment and food chain as well as provide a safe environment for the public to enjoy their local beach.

During the outing, Harry and Meghan were also introduced to four lifeguards from the beach.

But the couple didn’t stay much longer after that and finally headed back towards land.

After their departure, one teen — who introduced himself as 15-year-old Milo Thompson — said he was especially impressed with the royal couple’s demeanor during his interaction with them on the sand.

“I was expecting to introduce myself and be real proper,” he said of meeting Prince Harry. “But he came and introduced himself and was calm and collected, and paying a lot of attention to us… they’re down-to-earth and fun to be around.”

RELATED: Every Photo from Royal Parents-to-Be Meghan Markle and Prince Harry’s Tour Down Under

Earlier in the day, Meghan and Harry met fans in Melbourne, gathered on the grounds of the city’s Royal Botanic Gardens. One lucky young woman even got a giant hug from the prince, causing her to break down in (very happy!) tears.

After greeting fans, Meghan and Harry headed to a reception with local government.

While there, the royal couple was shown several sporting demonstrations, including a student-designed Formula 1 racing project, which gave Meghan a fright during its incredibly loud launch.

“I did not expect that!” she exclaimed of their speedy takeoff while laughing at her own jumpy reaction.

Meanwhile, Harry looked as happy as a child in a toy store, beaming at the cars and laughed at his wife’s startled reaction. “Wasn’t quite expecting that,” he joked to her. Harry even fist-pumped when they were first invited to try the cars.

RELATED: Meghan Markle is Royally Frightened By Explosive Student Science Project: ‘I Did Not Expect That!’

While the boys showed off their car project, outside the girls showed off their sporting skills. Meghan met with ambassadors from This Girl Can, which is an organization focused on encouraging women to take up sports.

During the outing, Meghan demonstrated her athleticism, tossing around an AFL football and showing off her best hand-passing skills.

RELATED VIDEO: “You Can’t Give Flowers That Big To My Wife!” Prince Harry Talks To Crowd After Meghan Receives Massive Bouquet

They were then treated to a cooking demonstration showcasing native Australian food at a social enterprise restaurant which provides guidance and opportunity to young Aboriginal people who are in need of a fresh start in life.

During the demo led by Executive Chef Greg Hampton, Meghan and Harry were able to taste some fresh herbs from the area.

Tomorrow, the couple will head back to Sydney for the weekend, before making a stop at Frasier Island on Monday.


PEOPLE.com

Fashion Deals Update:

Yuval Noah Harari’s Quick Primer on How to See Into the Future

Getty

One of my favorite one-liners is the joke by economist Paul Samuelson that the stock market has predicted nine of the last five recessions. It highlights the idea that sometimes we’re bad prognosticators because we see “trends” that were really just data points.

So how do you tell the signal from the noise? How do you know when something new is also something big? How much do our primate brains and changing weather patterns tell us about the future of immigration or war or online dating apps?

“I don’t think of history as much about studying the past as about studying change,” says Yuval Noah Harari, a historian at the Hebrew University of Jerusalem and author of the New York Times bestseller Sapiens. “And one of the main tools for studying change is looking at past changes in human society and political systems.”

Read more at The Daily Beast.

The Daily Beast — Books

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Buy 2 Get 1 Free on fiction and non-fiction at booksamillion.com — Shop Today!

Dodgers need to find that old magic and quick

LOS ANGELES — On the 30th anniversary of Kirk Gibson’s miraculous home run, the Dodgers could find no magic and not one single clutch hit. The hard reality is that if not for Justin Turner’s two-run, eighth-inning home run in Game 2 the Dodgers would be looking at the possibility being swept by the Brewers….
Sports | New York Post

EMPLOYMENT SEARCH UPDATE:

Thrifting 101: Five Quick Rules + What to Look For

About the Author: Oral Blankson is an early 30-something whose hobbies include menswear, restaurant critique, public speaking, making new friends, and striving to be a better, more intentional man.

Thrifting as defined by Urban Dictionary: “When one visits several different thrift shops, second-hand shops, and vintage clothing stores in the hopes of buying several items of cheap and unusual clothing and other items.”

80% of my wardrobe is thrifted. Suits. Dress shirts. Ties. Slacks. Shoes. You name it – I’ve thrifted. Thrifting is great way to build or supplement any wardrobe with good clothing for cheap. Below, some hard & fast thrifting rules, and items which are usually a hit.

Rules:

  1. Check stores often, as donations are made daily. Hop on the interwebs and find local thrift stores. Goodwill, Salvation Army, or mom-and-pop stores. Be diligent, persistent, patient, and prepared to dig for gold!
  2. Check garments thoroughly. Sometimes holes, stains, or damages are beyond repair. Thrifting only works when a garment requires little-to-no work after purchase.
  3. The dressing room is your friend. I’ve lost money by not trying something on, later realizing it doesn’t fit. ALL SALES FINAL.
  4. Thrift in affluent areas. Better area = better selection. I’ve even found clothes donated from local cleaners, or brand new donations from Target.
  5. Shop sales. Thrift stores will run “50% off Tuesdays” or senior citizen discounts. I wasn’t afraid to have my parents buy clothes for me – like the 20 cent slacks below!

Stick to those five rules and you should become a seasoned, successful thrifter. But some categories of clothes can be mined more than others. Here are what I consider to be the safer/more successful bets when it comes to the racks at thrift shops, with examples of my own personal finds:

 

SLACKS: Producer Pant by Express – $ .20 ($ 69.90 – $ 98)

Producer Pant by Express | Dappered.com

Average Cost: $ 4.99

Slacks are my #1 draft pick. There’s usually a pair of grey, brown, navy, or tan slacks to be found. Get the correct waist size – sometimes taking in the waist/seat compromises overall fit. Leg width and hem are easily altered (you might find some 70’s bell bottoms!).

These pants were purchased within a 5/$ 1.00 deal, so these were actually 20 cents!

 

SHIRTS: Polo by Ralph Lauren French Cuff Dress Shirt – $ 4.99 ($ 145)

Polo by Ralph Lauren French Cuff Dress Shirt

Average Cost: $ 4.99-$ 6.99

You’ll usually find a white/pale blue dress shirt, or causal button-downs in stripes, ginghams, etc. Make sure neck size and sleeve length fit. You’ll find slim fits, but a tailor can reduce side billow inexpensively.

 

SHOES: Alden Loafers – $ 14.99 ($ 543)

Thrifted Alden Loafers

Average Cost: $ 4.99-$ 19.99

If your thrifted shoes look like they’ve seen better days, all you need is some elbow grease. Take a Sunday afternoon, play your favorite record, crack a beer, and follow these steps to restoring the look of your shoes. Soles need restoration? A cobbler can help. Thrifted shoes, including repairs, are still cheaper than buying new. The loafers above were never polished, showcasing excellent purchase condition. Sometimes I’ve even found brand new shoes.

 

TIES: Various ties for $ 18 ($ 500ish)

Thrift store ties

Average Cost: $ 2.00-$ 6.00

I exclusively thrift ties. Most expensive? $ 6.00. Cheapest? 29 cents! The usual suspects: Stripes, repeating/neat patterns, and old school 80’s patterns (i.e. The Wolf of Wall Street). Great way to create or augment a tie collection, and you don’t need as many ties as you think.

Ties from Left to Right: Robert Talbott, Brooks Brothers, Paul Fredrick, Jos. A. Bank., Lauren by Ralph Lauren.


Dappered Style Mail

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The quick and the late: Testing same-day delivery

Associated Press

SPECIAL NEWS BULLETIN:

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SPECIAL DONATION REQUEST UPDATE:

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