Tag Archives: Gross margin

Aaron’s Q1 Net Drops

Aaron's

ATLANTA-Lagging revenues and a spike in expenses cut 24.8 percent from Aaron’s first-quarter net income, which totaled $38.3 million. Net revenues in the quarter, which ended on March 31, slipped by 1.3 percent to $585.4 million. Sales at the company-operated retail stores edged up 0.6 percent in total, but same-store revenues and customer counts forMore »

Last updated: April 25, 2014

Bed Bath Posts Weak Q4, FY Results

Bed Bath & Beyond

UNION, N.J.-A poor fourth quarter ended Bed Bath & Beyond’s fiscal year with shortfalls in the bottom line for both periods. Net income in the quarter dropped 10.9 percent to $333.3 million, bringing net income for the fiscal year ending on March 1 to $1 billion, down 1.5 percent from the previous fiscal year. NetMore »

Last updated: April 10, 2014

Havertys Q1 Sales Fall

Havertys

ATLANTA-Havertys’ first-quarter sales fell 2.5 percent to $181.4 million, according to a preliminary report from the home furnishings retailer. Same-store sales in the quarter, which ended on March 31, were down 0.9 percent. Clarence Smith, Havertys’ chairman, president and CEO, said the results came off last year’s first quarter, in which same-store sales rose 11.5More »

Last updated: April 9, 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

Kirkland’s Net Down for Q4, Up for FY

Kirkland’s

NASHVILLE, Tenn.-A downtick in sales and a heavier expense load resulted in a 13.5 percent decline in net income for Kirkland’s in its fourth quarter, to $12.3 million. For the fiscal year ending on Feb. 1, Kirkland’s posted net income of $14.5 million, up 5.3 percent from the prior fiscal year. Net sales in theMore »

Last updated: March 14, 2014

Williams-Sonoma Net Flat in Q4, Up 8.6 Percent for FY

Williams-Sonoma Flagship

SAN FRANCISCO-Reduced margins and increased expenses offset a modest sales gain to bring Williams-Sonoma’s fourth-quarter net income to $133.8 million, essentially unchanged from last year’s fourth quarter. For the fiscal year ending on Feb. 2, the multichannel retailer logged in net income of $278.9 million, up 8.6 percent from the prior fiscal year. Gross marginMore »

Last updated: March 13, 2014

Bon-Ton Narrows FY Loss; CEO Hoffman to Exit

Brendan Hoffman

YORK, Pa.-The Bon-Ton Stores ended its fiscal year on Feb. 1 with a net loss for the year of $3.6 million, compared to its prior fiscal-year loss of $21.6 million. The retailer has also announced that President and CEO Brendan Hoffman will leave his post when his employment agreement ends on Feb. 7, 2015. HoffmanMore »

Last updated: March 11, 2014

Macy’s Net Blooms for Q4, Fiscal Year

Macy’s Inc.

CINCINNATI-Macy’s posted increases of 11.1 percent and 11.3 percent in fourth-quarter and fiscal-year net income, respectively, resulting in its fifth straight year of double-digit growth in earnings per share. The bottom-line totals were $811 million for the quarter and $1.5 billion for the fiscal year, which ended on Feb. 1. Net sales in the quarterMore »

Last updated: February 25, 2014