Dolby Laboratories Earnings Call, Third Quarter 2008
Sep 30, 12:36 AM ET |
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| The movie sound company earned $46.4 million on sales of $154.3 million in the quarter vs. $29.7 million on sales of $119.6 million a year ago. |
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| In the fiscal third quarter Dolby Laboratories saw its sales and profit rise from last year and added it expects sales for the fiscal year of between $605 million and $625 million and a profit between $181 million and $190 million. Sales climbed 29% from last year''s third quarter and the gross margin rose 600 basis points to 89.6%. |
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ZipRealty Earnings Call, Second Quarter Fiscal 2008
Sep 30, 6:28 AM ET |
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| Despite the ongoing economic challenges, the management remains optimistic about the business and the achievement of the full year guidance. |
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| The real estate brokerage firm posted Q2 net revenues of $30.4 million, a dip of 2.7% from Q2 fiscal 2007. The net transaction revenues, exclusive referral and other income, were $29.9 million, down 2.1% from the year ago period. The net loss for the period was $1.7 million versus a net loss of $1.0 million in the year ago period. The pro forma loss per share, excluding the effect of stock-based compensation, was 4 cents for Q2 versus 1 cent net income per share for the same period a year ago. |
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NIKE Earnings Call, First Quarter 2009
Sep 29, 6:57 AM ET |
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| Focus on product innovation and premium consumer experiences generated balanced growth and market share gains in key categories. |
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| The designer, marketer and distributor of athletic footwear and apparel realized a 17% rise in revenue to $5.4 billion on a successful Olpmpic and Euro campaign, but this failed to stem a 10% drop in net income to $511 million or $1.03 a share on higher expenses attributed to the former. |
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Neiman Marcus Earnings Call, Fourth Quarter 2008
Sep 29, 6:54 AM ET |
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| Harsh retail climate prompts focus on long term survival through internal investments while applying the strictest return hurdles to capital projects. |
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| The retailer reported sales of $4.6 billion, up 4.8% on the strength of the Internet business. Operating earnings were $537.4 million compared to $550.4 million or for the comparable period a year ago, a decrease of 2.4% on higher cost of goods. |
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H.B. Fuller Earnings Call, Third Quarter 2008
Sep 29, 6:51 AM ET |
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| Pricing actions, although improved, proved insufficient to offset the rising raw material costs. |
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| The manufacturer of adhesives and other specialty chemical products reported a 3% rise in revenue to $362 million, though income fell 19% to $22 million, or 44 cents a share on rising costs. Firm continues to invest in expanding its geographic presence with the acquisition of Egymelt in Egypt. |
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Massey Energy Earnings Call, Second Quarter 2008
Sep 29, 6:48 AM ET |
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| Growth in revenue driven by higher volume, an increase in export shipments and a 36% increase in metallurgical coal sales. |
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| The coal company reported revenue of $826.8 million, up 34%, though this failed to stem a net loss of $93.3 million or $1.16 a share due to litigation charges. Global supply for coal remains tight while demand is increasing. |
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Speedway Motorsports Earnings Call, Second Quarter 2008
Sep 29, 6:44 AM ET |
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| Despite higher gas prices, attendances have remained fairly constant, though advance ticket sales are slowing. |
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| The promoter of motorsport entertainment reported an 18% rise in revenue to $212.8 million as income positively responded by 17% to $47 million or $1.08 a share. Admissions, concessions and souvenir merchandising revenues negatively impacted by declines in consumer spending. |
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Move, Inc. Earnings Call, Second Quarter 2008
Sep 26, 11:25 AM ET |
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| The company reported a second-quarter net loss of $2.2 million, or a penny per share vs. net income of $4.4 million, or 3 cents per share a year ago. |
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| Move, which offers real-estate listings and other web information, added that income from continuing operations was $2.1 million, down from $7.7 million in the year-earlier quarter. Revenue declined to $61.4 million from $62.5 million. Total operating expenses climbed 7.3% to $49.6 million, due to a 33.8% jump in general and administrative expenses to $19.4 million. Move has started a plan to cut total operating expenses by more than $20 million by the end of 2008. |
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Bed Bath & Beyond Earnings Call, Second Quarter 2008
Sep 26, 10:49 AM ET |
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| Net income fell to $119.3 million, or 46 cents a share, for the second quarter, from $147 million, or 55 cents a share, a year ago. |
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| The home furnishings retailer reported net sales for the quarter increased 5% to $1.85 billion from $1.77 billion. Same-store sales dropped by about 0.1%, compared with an increase of 2.2% a year earlier. Profit margin declined to 39.9% from 41.4 percent a year ago. For the third quarter, Bed Bath & Beyond expects net earnings of 41 cents to 47 cents per share compared with the 52 cents it posted in the third quarter last fiscal year. |
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Kroger Earnings Call, Second Quarter Fiscal 2008
Sep 25, 10:33 AM ET |
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| During the quarter, there were more signs that the weak economy continues to drive consumer behavior, evident in some changes in the sales mix. |
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| The retail grocery chain reported total net sales of $18.1 billion for the second quarter, an increase of 11.9% compared with the same period in the previous year. Identical supermarket sales increased 9.7% with fuel and 4.7% without fuel versus the same quarter fiscal 2007. The management announced net earnings for the second quarter totaling $276.5 million compared with $267.3 million in the second quarter last year. The management confirmed the fiscal 2008 EPS guidance of $1.85 to $1.90. |
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