Tag Archives: Net income

Mohawk Net Climbs 60.6 Percent in Q1

Mohawk Industries

CALHOUN, Ga.-Bolstered by gains in sales and margins, Mohawk Industries posted a 60.6 percent jump in first-quarter net income, which totaled $81.1 million. Jeffrey Lorberbaum, the company’s chairman and CEO, said the bottom-line performance exceeded Mohawk’s expectations. Lorberbaum attributed this to contributions from tile maker Marazzi and panel-board manufacturer Spano, which Mohawk acquired last year;More »

Last updated: May 2, 2014

HSNi Q1 Net Drops 23.3 Percent

HSNi

ST. PETERSBURG, Fla.-The malaise throughout the retail sector struck HSNi, whose first-quarter net income fell 23.3 percent to $24.2 million. Net sales in the quarter, which ended on March 31, rose a bare 0.6 percent to $777.4 million. The results included a 1 percent decline in HSN’s sales and a pickup of 5 percent inMore »

Last updated: May 1, 2014

Libbey Goes from Profit to Loss in Q1

Libbey

TOLEDO, Ohio-With sales slipping and costs rising, Libbey reported a first-quarter net loss of $3.4 million, compared to net income of $2 million in the first quarter of last year. Net sales were down 1 percent to $181.6 million in the quarter, which ended on March 31. Sales in Libbey’s Americas segment were down 1.3More »

Last updated: May 1, 2014

Iconix Sets Q1 Records for Earnings, Revenues

Iconix

NEW YORK-Iconix Brand Group got its 2014 fiscal year off to what Neil Cole, chairman and CEO, called “a strong start” by achieving record earnings and revenues for its fiscal first quarter. Net income totaled $59.8 million, up 74.8 percent from the first quarter of last year. Licensing and other revenue increased 10.5 percent toMore »

Last updated: April 30, 2014

Michaels Q4, FY Net Rockets

Michaels

IRVING, Texas-A modest gain in sales and reduced expenses boosted Michaels Stores to increases of 36.2 percent and 32 percent in fourth-quarter and fiscal-year net income, respectively. Net income totaled $143 million for the quarter and $264 million for the year ending on Feb. 1. Net sales recorded an increase of 2 percent in theMore »

Last updated: April 29, 2014

Helen of Troy Net Falls for Q4, FY

HelenOfTroy

EL PASO, Texas-Helen of Troy ended its 2014 fiscal year with significant drops in net income for both the year and the fourth quarter. Net income in the quarter plummeted 59.7 percent to $11 million. For the year ending on Feb. 28, net income totaled $86.2 million, down 24.8 percent from the prior year. LaggingMore »

Last updated: April 29, 2014

Amazon Q1 Net Jumps 31.7 Percent

Amazon

SEATTLE-Riding on the back of healthy gains in sales, Amazon.com reported an increase of 31.7 percent in its first-quarter net income, to $108 million. Total net sales in the quarter, which ended on March 31, were $19.7 billion, up 22.8 percent over the first quarter of last year. Net product sales posted an 18.3 percentMore »

Last updated: April 25, 2014

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