Tag Archives: net loss

Tempur Sealy Loss Grows in Q2

Tempur+Sealy

LEXINGTON, Ky.-Tempur Sealy posted a second-quarter net loss of $2.2 million, compared to a second-quarter net loss of $1.6 million from last year. The loss occurred as the company continued to absorb integration costs of last year’s merger between Tempur-Pedic and Sealy. In addition, it reported a $20.4 million loss related to its disposal ofMore »

Last updated: July 25, 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

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

MSLO Cuts Q1 Loss

MSLO

NEW YORK-Significant reductions in key expense categories helped Martha Stewart Living Omnimedia (MSLO) narrow its first-quarter net loss from $3 million last year to $2.2 million this year. Operating expenses in the quarter, which ended on March 31 were slashed by 11.9 percent. This included a 25.2 percent decrease in production, distribution and editorial expenses;More »

Last updated: May 6, 2014

CORRECTION: 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 2, 2014

Lifetime Q1 Loss Jumps; Sales Gain 20 Percent

Lifetime Brands

GARDEN CITY, N.Y.-Although sales rose by a robust 20 percent, Lifetime Brands’ first-quarter net loss reached $2.9 million, compared to a net loss of $632,000 in its first quarter of last year. Net sales totaled $118.4 million in the quarter, which ended on March 31, and gross margin gained 63 basis points to finish atMore »

Last updated: May 1, 2014

Stanley Q1 Net Loss Widens

Stanley Furniture

STANLEYTOWN, Va.-With sales dropping and costs on the rise, Stanley Furniture posted a net loss of $4.4 million in its fiscal first quarter, compared to a net loss of $2.1 million in last year’s first quarter. Net sales fell 16 percent to $21.9 million in the quarter, which ended on March 29. Selling, general andMore »

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