Tag Archives: Net income

iRobot Q2 Net Edges Up 2.8 Percent

iRobot Posts Loss in Q4; Net Falls 57 Percent for Year

BEDFORD, Mass.-Strong growth from the home-robot business plus reduced expenses brought a 2.8 percent gain in second-quarter net income for iRobot, to $8.5 million. Revenue in the quarter, which ended on June 28, totaled $139.8 million, up 7.2 percent from last year’s second quarter. Colin Angle, iRobot’s chairman and CEO, cited the increase in home-robotMore »

Last updated: July 23, 2014

Bassett Q2 Net Climbs 30.6 Percent

Bassett

BASSETT, Va.-Thanks to sales gains from both its wholesale and retail operations, Bassett Furniture Industries posted a 30.6 percent jump in second-quarter net income, to $2.6 million. Total net sales in the quarter, which ended on May 31, increased 4.9 percent to $85.2 million. Sales in the wholesale segment rose 4.3 percent, with shipments toMore »

Last updated: July 2, 2014

Restoration Hardware Goes from Loss to Profit in Q1

Restoration Hardware Rebrands Itself as RH

CORTE MADERA, Calif.-Strong gains in revenues, especially on a comparable-brand basis, led Restoration Hardware from red ink to black ink on its bottom line for the first quarter, which ended on May 3. Net income for the quarter totaled $1.8 million, compared to a net loss of $161,000 for last year’s first quarter. Net revenuesMore »

Last updated: June 12, 2014

Burlington Stores Goes from Loss to Profit in Q1

Burlington Stores

BURLINGTON, N.J.-In what its top executive, Tom Kingsbury, termed a quarter of “solid results,” Burlington Stores reversed a net loss of $5.6 million into net income of $11.8 million for its fiscal first quarter ending on May 3. Kingsbury, president, CEO and recently named chairman as well, said the first quarter saw the retailer “buildMore »

Last updated: June 10, 2014

Sears Hometown and Outlet Net Falls in Q1

SearsHometownAndOutlet

HOFFMAN ESTATES, Ill.-Lagging sales, especially for comparable stores, led to a 75.5 percent dropoff in first-quarter net income for Sears Hometown and Outlet Stores, to $3.7 million. Net sales in the quarter, which ended on May 3, were down 1.9 percent to $589.9 million. Same-store sales for the company as a whole fell 6.2 percent,More »

Last updated: June 6, 2014

Hooker Q1 Net Jumps on Higher Sales

Hooker Furniture

MARTINSVILLE, Va.-Rising sales, especially in the casegoods segment, propelled Hooker Furniture to a robust 31.9 percent gain in first-quarter net income, which totaled $2.8 million. Total net sales in the quarter, which ended on May 4, increased 9.1 percent to $61.4 million. Casegoods sales were up 10.1 percent, the result if increased unit volume measuredMore »

Last updated: June 5, 2014

Mattress Firm Q1 Net Drops on Rising Costs

Mattress Firm

HOUSTON-Increased expenses trumped a healthy gain in sales to drive down Mattress Firm’s first-quarter net income by 35.7 percent, to $7.7 million. Selling, general and administrative expenses were up 28.3 percent in dollars and 185 basis points as a percentage of sales, to 31.9 percent. During the quarter, which ended on April 30, Mattress FirmMore »

Last updated: June 4, 2014

Saks Purchase Boosts Hudson’s Bay Q1

Hudson’s Bay

TORONTO-Fueled by its acquisition of Saks, Hudson’s Bay Co. posted net income of C$176 million (about $160.2 million) in its fiscal first quarter, compared to a net loss of C$82 million (about $80.4 million) in last year’s first quarter. The Saks acquisition, which closed last November, also drove Hudson’s Bay’s top line in the quarter,More »

Last updated: June 3, 2014