Tag Archives: Gross margin

Gordmans Posts $3.2 Million Loss in Q2

Gordmans

OMAHA, Neb.-Rising costs, particularly interest expense, put Gordmans into the red in its fiscal second quarter, to the tune of $3.2 million. Interest expense rose from $117,000 to $1.3 million, because of additional interest associated with a term loan the retailer entered into in August of last year to partially fund the cash dividend GordmansMore »

Last updated: August 28, 2014

Best Buy Q2 Net Drops 45.1 Percent

Best Buy Posts Q1 Loss

MINNEAPOLIS-Declines in both sales and gross margin were key factors as Best Buy’s second-quarter net income fell 45.1 percent to $146 million. Net sales in the quarter, which ended on Aug. 2, were down 4 percent to $8.9 billion, including a 2.7 percent falloff in same-store sales. Gross margin dropped 340 basis points as aMore »

Last updated: August 26, 2014

Tuesday Morning Cuts Losses for Q4, FY

TuesdayMorning_2014

DALLAS-Thanks to increased sales and margins, along with lower expenses, Tuesday Morning was able to drain some of the red ink from its bottom line for both the fourth quarter and the fiscal year ending on June 30. The fourth-quarter net loss totaled $7.4 million, compared to last year’s net loss of $15.6 million inMore »

Last updated: August 22, 2014

Ross Logs Q2 Net Increase

Ross Stores_Dress For Less

DUBLIN, Calif.-With sales and merchandise margins both on the upswing, Ross Stores Inc. posted second-quarter net income of $239.6 million, up 12.4 percent from the second quarter of last year. Net sales in the quarter, which ended on Aug. 2, rose 7 percent to $2.7 billion, including a pickup of 2 percent in same-store sales.More »

Last updated: August 22, 2014

Home Depot Posts 14.2 Percent Gain in Q2 Net

Home Depot

ATLANTA-A better sales performance and discipline in cost control brought The Home Depot a 14.2 percent increase in second-quarter net income, which totaled $2 billion. Net sales in the quarter, which ended on Aug. 3, were $23.8 billion, up 5.7 percent from last year’s second quarter, and including a pickup of 5.8 percent in same-storeMore »

Last updated: August 19, 2014

TJX Q2 Net Rises 7.9 Percent

TJX

FRAMINGHAM, Mass.-Increased sales, especially from its HomeGoods and TJX Europe units, boosted The TJX Cos.’ second-quarter bottom-line total to $517.6 million, up 7.9 percent above the second quarter of last year. Total net sales in the quarter, which ended on Aug. 2, were $6.9 billion, gaining 7.4 percent and including a companywide same-store sales pickupMore »

Last updated: August 19, 2014

J.C. Penney Slashes Q2 Loss as Sales Gain

J.C. Penney

PLANO, Texas-With net sales increasing for the second quarter in a row, J.C. Penney reported a net loss of $172 million in its fiscal second quarter, compared to a net loss of $586 million in the second quarter of last year. Net sales gained 5.1 percent to $2.8 billion in the quarter, which ended onMore »

Last updated: August 15, 2014

Dillard’s Q2 Net Falls 5.5 Percent

Dillard’s

LITTLE ROCK, Ark.-Dillard’s second-quarter net income totaled $34.5 million, down 5.5 percent from last year’s second quarter, in what CEO William Dillard II characterized as a “somewhat” disappointing performance. Net sales in the quarter, which ended on Aug. 2, slipped 0.4 percent to $1.5 billion, even though same-store sales were up 1 percent. Home andMore »

Last updated: August 15, 2014