Tag Archives: Net income

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

HSNi Net Q2 Net Falls 5.2 Percent

HSNi

ST. PETERSBURG, Fla.-Lower margins and a tick-up in expenses put a damper on HSNi’s second-quarter net income, which declined 5.4 percent to $40.9 million. Both of the company’s segments, HSN and Cornerstone, reported decreases in gross margin in the quarter, which ended on June 30. These came about due to shipping promotions at HSN andMore »

Last updated: August 7, 2014

Mohawk Q2 Net Jumps 80.6 Percent

Mohawk Industries

CALHOUN, Ga.-Improvements in productivity and cost controls teamed with a tick-up in sales to boost Mohawk Industries’ second-quarter net income by 80.6 percent, to $152.8 million. Jeffrey Lorberbaum, Mohawk’s chairman and CEO, cited the gains in productivity, the slimming of costs and successful product launches for the company’s burgeoning bottom line in the quarter, whichMore »

Last updated: August 1, 2014

Havertys Q2 Sales Edge Up 2.3 Percent

Havertys

ATLANTA-Havertys posted a gain of 2.3 percent in second-quarter net sales, which totaled $175.1 million and which included a pickup of 3.2 percent in same-store sales. The sales gain in the quarter, which ended on June 30, included an increase in total written sales of 4.7 percent, which included a 5.3 percent rise in writtenMore »

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

MSLO Posts First Q2 Profit Since 2008

MSLO

NEW YORK-For the first time in six years, Martha Stewart Living Omnimedia (MSLO) reported net income in a second quarter, posting $1.8 million in the quarter ending on June 30. Dan Dienst, MSLO’s CEO, said the black bottom line owed to the company’s focus on managing expenses “without in any way sacrificing our high-quality contentMore »

Last updated: July 30, 2014

SodaStream Q2 Net Falls 55.8 Percent

SodaStream

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

Iconix Q2 Net Drops 8.8 Percent

Iconix

NEW YORK-A sharp rise in interest expense and an increased provision for income taxes reduced Iconix Brand Group’s second-quarter net income by 8.8 percent, to $35.3 million. Interest and other expenses rose 58.5 percent in the quarter, which ended on June 30. Iconix also raised its provision for income taxes by 11.3 percent. Both ofMore »

Last updated: July 29, 2014