Tag Archives: Net income

Hooker Q2 Net Jumps 34.6 Percent

Hooker Furniture

MARTINSVILLE, Va.-Increased profitability from key segments offset a slight dip in overall sales to boost Hooker Furniture to a 34.6 percent gain in second-quarter net income, which totaled $2.3 million. According to Paul B. Toms Jr., Hooker’s chairman and CEO, the company posted profit increases in its casegoods and Sam Moore units, along with anMore »

Last updated: September 10, 2014

Sears Hometown & Outlet Q2 Net Falls 52.3 Percent

SearsHometownAndOutlet

HOFFMAN ESTATES, Ill.-Declining sales and rising expenses slashed Sears Hometown & Outlet Stores’ net income by 52.3 percent, to $3.4 million, in its second quarter ending on Aug. 2. Net sales were down 2.8 percent to $638.7 million, which included a drop of 6.3 percent in same-store sales. Bruce Johnson, the retailer’s president and CEO,More »

Last updated: September 9, 2014

Belk Q2 Net Up 0.3 Percent, to Invest in Strategic Initiatives

Belk

CHARLOTTE, N.C.-Belk’s second-quarter net income edged up 0.3 percent as sales for the southern department-store retailer gained marginally. Net sales in the quarter, which ended on Aug. 2, totaled $906.5 million, an increase of 0.8 percent and including a pickup of 0.6 percent in same-store sales. “While the beginning of the quarter was soft, salesMore »

Last updated: August 29, 2014

Williams-Sonoma Net Climbs 3.7 Percent in Q2

Williams-Sonoma

SAN FRANCISCO-With top-line growth fueled by accelerating direct-to-customer revenues, Williams-Sonoma recorded a 3.7 percent gain in second-quarter net income, which totaled $50.7 million. Total revenues in the quarter, which ended on Aug. 3, were up 5.8 percent to $1 billion, with direct-to-customer net revenues increasing by 9.4 percent. Retail net revenue rose 2.4 percent. AmongMore »

Last updated: August 28, 2014

Dollar General Q2 Net Rises 2.4 Percent as Company Continues Family Dollar Pursuit

Dollar General

GOODLETTSVILLE, Tenn.-Dollar General posted second-quarter net income of $251.3 million, up 2.4 percent from the second quarter of last year, as the retailer remains steadfast in its effort to acquire dollar-store rival Family Dollar. In its statement about the quarter, which ended on Aug. 1, Rick Dreiling, its chairman and CEO, said Dollar General isMore »

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

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

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