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Stocks to Watch: SJM, FL, GPS & More
17 Aug 2012 EDT - CNBC.com
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Take a look at some of Friday's morning movers:

J.M. Smucker - The food producer reported fiscal first-quarter profit of $1.17 per share, excluding certain items, 17 cents above estimates. Smucker also increased its quarterly dividend by 8 percent.

Foot Locker - The athletic footwear retailer reported second-quarter profit of $0.38 per share, excluding certain items, five cents above estimates. The better-than-expected performance comes amid improving profit margins.

Gap - The parent of Gap, Old Navy, and Banana Republic is reporting second-quarter profit of $0.49 per share, one cent above estimates. Gap did raise its 2012 earnings per share (EPS) outlook to $1.95 to $2 per share, but that forecast is below current consensus of $2.08.

Aeropostale - The company reported a breakeven second quarter, matching Street estimates, while sales fell slightly short of consensus. The teen retailer sees a soft start to the back-to-school season, and its third-quarter earnings forecast of $0.25 to $0.30 per share is below estimates of $0.38.

Plains All American Pipeline - Plains has declared a 2-for-1 stock split, effective Oct. 1 for shareholders of record Sept. 17. Plains is a transporter and seller of oil and natural gas.

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