Tag Archives: Net income

Helen of Troy Q2 Net Drops 19.2 Percent

HelenOfTroy

EL PASO, Texas-Flat sales and a spike in expenses cut away 19.2 percent of Helen of Troy’s second-quarter net income, which totaled $18.8 million. Net sales in the quarter, which ended on Aug. 31, were $319.9 million, up a mere 0.1 percent. In a conference call to industry analysts yesterday, Helen of Troy’s chief financialMore »

Last updated: October 10, 2014

Costco Q4 Net Climbs 13 Percent

Costco

ISSAQUAH, Wash.-A healthy sales gain propelled Costco to a 13 percent increase in fourth-quarter net income, which totaled $697 million. For the fiscal year ending on Aug. 31, net income was $2.1 billion, up 0.9 percent over last year’s bottom line Net sales in the quarter rose 9.4 percent to $34.8 billion, which included aMore »

Last updated: October 8, 2014

Container Store Goes from Loss to Profit in Q2, But Shares Fall

The Container Store

COPPELL, Texas-Even though the on-the-surface numbers looked positive, share prices for The Container Store Group fell by double digits in overnight trading as investors reacted to the company’s reduced expectations for the quarters ahead. The Container Store posted net income of $7 million in the quarter, which ended on Aug. 30, as opposed to aMore »

Last updated: October 7, 2014

Bed Bath Stock Spikes

Bed Bath & Beyond

NEW YORK-Bed Bath & Beyond enjoyed a healthy gain in its stock price in yesterday’s trading on the NASDAQ market. The increase came on the heels of Bed Bath’s second quarter report, which revealed that its second-quarter net income fell by 10.2 percent. In overnight trading, the retailer’s stock price rose from its Sept. 23More »

Last updated: September 25, 2014

Pier 1 Q2 Net Nearly Halved

Pier 1

FORT WORTH, Texas-Second-quarter net income for Pier 1 Imports fell 48.6 percent to $9.2 million, as increased expenses trumped a gain in sales. Selling, general and administrative expenses in the quarter, which ended on Aug. 30, jumped 10 percent in dollars and 120 basis points as a percentage of sales, to 32.2 percent. Gross marginMore »

Last updated: September 18, 2014

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