Tag Archives: fiscal year

Home Helps as Hudson’s Bay Narrows Q2 Loss

Hudson’s Bay

TORONTO-Hudson’s Bay Co. reported a second-quarter net loss of C$36 million (about $33 million), compared to a second-quarter net loss of C$81 million (about $74 million) last year. The acquisition of Saks, which was closed in November 2013, helped Hudson’s Bay bottom line in the quarter, which ended on Aug. 2. With Saks in theMore »

Last updated: September 12, 2014

Ikea FY Sales Gain 5.9 Percent

IKEA

LEIDEN, The Netherlands-The Ikea Group posted a 5.9 percent increase in total sales for its fiscal year ending on Aug. 31, totaling €28.7 billion (about $37 billion, based on the exchange rate as of Sept. 8). A company statement said the retailer’s fastest-growing market for the year was China, while North America “continued to performMore »

Last updated: September 10, 2014

Hooker Q1 Net Jumps on Higher Sales

Hooker Furniture

MARTINSVILLE, Va.-Rising sales, especially in the casegoods segment, propelled Hooker Furniture to a robust 31.9 percent gain in first-quarter net income, which totaled $2.8 million. Total net sales in the quarter, which ended on May 4, increased 9.1 percent to $61.4 million. Casegoods sales were up 10.1 percent, the result if increased unit volume measuredMore »

Last updated: June 5, 2014

Saks Purchase Boosts Hudson’s Bay Q1

Hudson’s Bay

TORONTO-Fueled by its acquisition of Saks, Hudson’s Bay Co. posted net income of C$176 million (about $160.2 million) in its fiscal first quarter, compared to a net loss of C$82 million (about $80.4 million) in last year’s first quarter. The Saks acquisition, which closed last November, also drove Hudson’s Bay’s top line in the quarter,More »

Last updated: June 3, 2014

Dollar General Q1 Net Up Slightly

Dollar General

GOODLETTSVILLE, Tenn.-While sales made a healthy gain in the quarter, rising expenses dampened the bottom line for Dollar General, whose net income edged up 1.1 percent to $222.4 million. Net sales totaled $4.5 billion, up 6.8 percent and including a same-store sales increase of 1.5 percent. Rick Dreiling, Dollar General’s chairman and CEO, noted thatMore »

Last updated: June 3, 2014

hhgregg Q4, FY Sales Fall

hhgregg

INDIANAPOLIS-hhgregg said it is estimating its fourth-quarter sales to total $538.3 million, 9.9 percent down from the fourth quarter of last year. This would bring its net sales for the fiscal year ending on March 31 to about $2.3 billion, a decrease of about 8 percent from the prior fiscal year. Same-store sales in theMore »

Last updated: April 15, 2014

Hudson’s Bay Q4 Net Falls 66.5 Percent

Hudson’s Bay

TORONTO-Increased costs, especially those stemming from its acquisition of Saks, hurt Hudson’s Bay Co.’s bottom line for both the fourth quarter and fiscal year. Net income for the quarter finished at C$29.1 million ($27.2 million, according to the average exchange rate for the quarter), down 66.5 percent from last year’s fourth quarter. The retailer postedMore »

Last updated: April 3, 2014

EveryWare Global Posts Q4 Loss, Increased Loss for FY

EveryWare Global

LANCASTER, Ohio-With gross margin off and expenses rising due to restructuring and the recently acquired business in the United Kingdom, EveryWare Global reported a net loss of $14.3 million in its fiscal fourth quarter, compared to net income of $1.1 million for its fourth quarter of last year. For the fiscal year ending on Dec.More »

Last updated: April 1, 2014