Fresh Del Monte Produce First Quarter Earnings Call
Jun 08, 12:01 PM EDT |
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| The company earned $51.6 million, or 84 cents a share, on sales of $836 million vs. $16.5 million, or 28 cents, on sales of $840 million a year ago. |
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| The fruit, vegetable and prepared food producer said its quarterly earnings per share include a 5 cents-a-share gain on closing the company''s Hawaii pineapple operations. The management blamed the sales drop on the company’s efforts to bolster the performance of its other fresh products segment in North America, through rationalizing its tomato and potato product lines. Gross profit rose 46% from a year ago, with gross profit margin at 12%, an uptick from last year’s first quarter. |
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CA Fourth Quarter Earnings Call
Jun 08, 9:21 AM EDT |
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| Revenue increased 7%, which was not enough to push the company to a profit for the period. |
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| The information technology management software maker reported earnings loss of $20 million from a loss of $41 million in the period a year earlier. Q4 includes $100 million in restructuring charges. Earnings from continuing operations and excluding certain charges amounted to 20 cents per share. In 2007, the company repurchased about 51 million shares for about $1.2 billion. In 2008, revenue is expected to grow 3% to 4% on a constant-currency basis to a range of $4.05 billion to $4.1 billion. |
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Ross Stores First Quarter Earnings Call
Jun 07, 3:07 PM EDT |
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| Net income rose 13% from a year ago bolstered by higher sales in the company’s home and dress departments and on the West Coast. |
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| Discount retailer Ross Stores added that it expects second-quarter sales at its established stores to increase. May same-store sales were flat due to the weak April results. Total sales increased 9% to $1.4 billion. Net earnings for the quarter were $67 million compared to $59.2 million for the prior year period. The company expects to complete the remaining $149 million authorization under its two year $400 million program by end of 2007. |
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Autodesk First Quarter Earnings Call
Jun 05, 8:54 AM EDT |
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| Revenue increased 17% to $509 million due to strength in emerging markets and new software sales. |
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| Autodesk, 2D and 3D design software maker, reported revenue increase of 17% to $509 million, exceeding the analysts’ expectations of $499.9 million. Revenue increase was helped by 22% increase in maintenance revenue from subscriptions and upgrades. The company did not report earnings for Q1 because it is in the process of restating financial results from the fiscal years 2003 through 2006. For Q2, revenue is expected to be $520 million to $530 million. |
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The Pep Boys First Quarter Earnings Call
Jun 04, 2:24 PM EDT |
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| Profit was $3.2 million from a loss of $867,000 last year due to improved gross margins in retail and service center business. |
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| The autoparts retailer reported that its revenue decreased to $546 million from $556.6 million a year ago, which failed to meet the analysts’ expectations of $567 million. Same-store sales fell 2.3%. The company recorded a $2.4 million gain from the disposition of assets. The company also had a $2.3 million gain from a product liability settlement and a $3.7 million gain from insurance claims for stores hit by Hurricane Katrina in 2005. |
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GameStop First Quarter Earnings Call
Jun 01, 10:58 AM EDT |
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| SG&A leverage improved by 260 basis points from a year ago, enabling the company to grow operating margins by 100 basis points during the quarter. |
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| The company’s net earnings per share grew 111% to $24.7 million including debt retirement cost of $4.2 million. This was more than twice last year’s first quarter net income of $11.7 million. Gross margins, however, declined year-over-year. Second quarter comparable store sales are expected to increase 16% to 18% driven by continued strength in next generation hardware and strong summer sell through of used games. |
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