Tag Archives: Gross margin

Macy’s Net Rises 3.9 Percent in Q2

Macy’s

CINCINNATI-With sales trending up thanks to a rebound in traffic after a difficult winter, Macy’s second-quarter net income increased 3.9 percent to $292 million. Net sales in the quarter, which ended on Aug. 2, were up 3.3 percent to $6.3 billion, including a pickup of 4 percent in same-store sales. Terry Lundgren, Macy’s chairman andMore »

Last updated: August 13, 2014

Crown Crafts Q1 Net Falls 14.5 Percent

Crown Crafts

GONZALES, La.-Emerging from what historically is its slowest quarter of the year, Crown Crafts posted first-quarter net income of $703,000, down 14.5 percent from the first quarter of last year. Net sales in the quarter, which ended on June 29, fell 5.5 percent to $15.7 million. Gross margin edged up 20 basis points to 27.3More »

Last updated: August 13, 2014

WestPoint Has Break-Even Q2

WestPoint

NEW YORK-WestPoint Home posted a break-even second quarter, the first time it has not posted a quarterly loss for some years, compared to a net loss of $3 million in last year’s second quarter. Net sales in the quarter, which ended on June 30, totaled $46 million, a decrease of 8 percent. However, gross marginMore »

Last updated: August 6, 2014

Lifetime Brands Q2 Net Loss Hits $3.2 Million

Lifetime Brands

GARDEN CITY, N.Y.-Lower gross margin and increased expenses led Lifetime Brands to a second-quarter net loss of $3.2 million, compared to a net loss of $568,000 in the second quarter of last year. Gross margin in the quarter, which ended on June 30, was down 207 basis points to 35.42 percent—the result, according to LifetimeMore »

Last updated: August 5, 2014

hhgregg Q1 Loss Grows as Sales Fall

hhgregg

INDIANAPOLIS-The first-quarter net loss for hhgregg increased from $1.3 million last year to $10.3 million this year, as the specialty retailer’ sales fell by double digits. Net sales in the quarter, which ended on June 30, dropped 10 percent to $472.3 million, primarily due to the decrease of 10.2 percent in same-store sales. Computers andMore »

Last updated: July 31, 2014

Newell Rubbermaid Q2 Net Climbs 37.2 Percent

Newell Rubbermaid

ATLANTA-In what Michael Polk, president and CEO, described as “very strong second-quarter results across all key metrics,” Newell Rubbermaid posted second-quarter net income of $150.6 million, up 37.2 percent from the second quarter of last year. Net sales in the quarter, which ended on June 30, gained 3.1 percent to finish at $1.5 billion. TheMore »

Last updated: July 31, 2014

Libbey Sales Up, Income Loss in Q2

Libbey

TOLEDO, Ohio-Libbey’s second quarter sales grew 6.5 percent, to $223.5 million. Yet a loss of $47.2 million on redemption of debt led the company to red ink in its fiscal second quarter, which ended on June 30, to the tune of $25.2 million, compared to net income of $12.4 million in the second quarter ofMore »

Last updated: July 31, 2014

SodaStream Q2 Net Falls 55.8 Percent

SodaStream_2014

AIRPORT CITY, Israel-Rising expenses and reduced margins cut deeply into SodaStream’s second-quarter net income, which dropped 55.8 percent to $11 million. Total operating expenses rose 10.9 percent in dollars and 300 basis points as a percentage of sales, to 46.1 percent. Part of this increase came from higher selling expenses as a result of SodaStream’sMore »

Last updated: July 30, 2014