The Knot Earnings Call, Second Quarter 2008
Sep 05, 6:14 PM ET |
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| The firm continues to make significant investments in its systems and operations which has hurt margins and reduced profitability. |
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| The lifestage media company reported flattish revenues at $28.7 million as net income fell 53% to $2.3 million or 7 cents a share, from $4.8 million or 15 cents per share in the prior year on higher operating costs. The firm is lowering is revenue guidance from the mid teens to 9% to 11% despite considerable progress towards completing the platform investments and upgrades. |
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Kenneth Cole Productions Earnings Call, Second Quarter 2008
Sep 05, 6:11 PM ET |
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| Higher levels of sales dilution, poor results from the department store channel and a generally sluggish environment drove weak results. |
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| The retailer reported a 7% drop in consolidated net revenues to $111.2 million down 6.6% compared to $118.9 million in the year ago quarter driven nearly entirely by softness in the wholesale business. The net loss was $2.1 million or 11 cents a share compared to a net gain of $3.3 million or 16 cents a share in the prior year due to lower revenue. The firm has used $54 million in the share back program. |
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Manitowoc Earnings Call, Second Quarter 2008
Sep 05, 6:08 PM ET |
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| The firm delivered another quarter strong performance benefitting from its global expansion. |
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| The crane, food services and marine firm posted sales of $1.3 billion, an increase of 28% from the prior year pushing earning up by 37.3% to close at $133.9 million or $1.01 a share from $97.5 million or 76 cents a share last year. Backlog stood at $3.52 billion an increase of 70% versus $2.07 billion last year second quarter reflecting a high demand in each geographic region as well as an increase in after market parts and services. |
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Zale Earnings Call, Fourth Quarter 2008
Sep 04, 6:45 AM ET |
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| Stronger online presence is expected to have an even greater impact offline as the firm drives more traffic to the brick and mortar stores. |
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| The specialty jewelry retailer reported a loss of $4.9 million or 15 cents a share, down from income of $700,000 or 1 cent a share in 2007 despite a 6% increase in sales to $456 million. The lower earnings position was driven by lower margins. To improve performance over the current fiscal year and beyond, Zale is concentrating on improving customer focus, enhancing operational effectiveness and maintaining financial discipline. |
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Marvell Technologies Earnings Call, Second Quarter 2009
Sep 04, 6:42 AM ET |
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| The firm continued to expand its presence and share in many target markets as its technology investments continue to gain traction in the market. |
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| The developer of storage, communications and consumer silicon solutions realized a 28% rise in revenues to $843 million from $657 million in 2007 reflecting an ability to deliver products that meets customers'' needs and enables them to be successful. Consequently, income was $154 million or 24 cents a share, up 288%. Marvell continued to realize recurring benefits from improved efficiency which enabled it to achieve increased growth in gross and operating margins. |
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