Pacific Sunwear of California Fourth Quarter Earnings Call
Mar 17, 5:03 AM EDT |
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| Profit fell to $5.5 million as sales fell, and the surfing-inspired apparel retailer's shares slipped 4% in extended trading. |
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| Sales from continuing operations fell 7.8% to $420 million. Same-store sales fell 2.2%. Pacific Sunwear discontinued its shoe boutique chain called One Thousand Steps and it would close demo stores. For 2007, Pacific Sunwear lost $30.4 million, or 44 cents per share, compared with profit of $39.6 million, or 56 cents per share, in 2006. The company expects a first-quarter loss of 6 cents to 8 cents a share from continuing operations. |
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Jones Lang LaSalle Fourth Quarter Earnings Call
Mar 14, 4:21 PM EDT |
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| Revenue was $862 million, an increase of 22% from 2006, with all segments showing healthy increases. |
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| The integrated global real estate services and money management firm, reported a net income of $105 million, or $3.16 per share, an increase of 30 %, over net income of $80.4 million, or $2.37 per share, for the same period in 2006. Earnings growth was attributed to market leadership, global growth, and performance from growth investment decisions. |
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American Express Fourth Quarter Earnings Call
Mar 14, 3:02 PM EDT |
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| Net revenue rose 10% from $6.7 billion a year ago to $7.4 billion, driven by strong growth in cardmember spending, loans, and cards in force. |
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| The leading global payments, network and travel company reported a 6% decrease in income from continuing operation of $839 million from $895 million a year ago, as diluted earnings per share from continuing operations decreased 3% to 71 cents from 73 cents a year ago. The results reflected the benefits of the company’s multiyear investments in a broad range of business building initiatives which have yielded industry leading performance for the quarter. |
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Black & Decker First Quarter Earnings Call
Mar 14, 10:24 AM EDT |
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| Net income dropped 4% to $108.1 million or $1.61 a share, from $113.1 million or $1.45 a share with EPS improvement due to lower outstanding shares. |
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| The hardware firm reported a 3% rise in sales to $1.6 billion, rebounding quickly from the decline in late 2006. The firm continued to benefit from a well balanced business model to impress sales and margin growth outside the US. The firm generated $137 million of free cash flow getting the year off to an outstanding start and repurchased over 1 million shares of stock while maintaining a strong balance and preserving flexibility for the future. |
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Gymboree Fourth Quarter Earnings Call
Mar 14, 6:03 AM EDT |
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| The earnings increased to $26.8 million or 93 cents per share as against $24.4 million or 75 cents per share. |
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| A specialty retailer of children’s apparel reported sales of $278.4 million, up 16% from $241 million in the prior year, with retail operations accounting for $275.3 million. While the firm witnessed increase in the total number of transactions, there was a decrease in the average transaction value. During the quarter, the firm opened a total of 16 new stores, bring the total to 786. For fiscal 2008, the firm projects EPS in the range of $3 to $3.05, on 29 million diluted shares outstanding. |
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The Kroger Fourth Quarter Earnings Call
Mar 14, 7:54 AM EDT |
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| Profit fell from a year ago when an unexpected tax benefit and other items boosted results. |
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| The supermarket chain’s revenue increased to $17.2 billion from $16.9 billion a year earlier. Identical supermarket sales increased 8.2% with fuel and 5.3% without fuel. The company continues to drive solid identical sales growth by improving service, value, product quality, and selection for customers. For 2008, Kroger expects earnings of $1.83 to $1.90 a share and same-store-sales growth of 3% to 5%, excluding fuel sales. |
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Marvell Technology Fourth Quarter Earnings Call
Mar 13, 8:56 PM EDT |
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| Quarterly net revenue was a record $845 million, an increase of 36% over $622 million in the fourth quarter fiscal 2007. |
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| The storage, communication and consumer silicon solutions provider posted net revenue for the year ended February 2, 2008 of $2,895 million, an increase of 29% compared with net revenue of $2,238 million for the year ended January 27, 2007. The increase was from sales of cellular and wireless communications products. The company is now on track to achieving better than $3 billion annual run rate and has Q1 fiscal 2009 revenues forecast range of $775 million to $785 million. |
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Jo-Ann Stores Fourth Quarter Earnings Call
Mar 13, 7:31 PM EDT |
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| Sales dropped 3% to $586 million from $601 million in 2006 due in part to an extra week added $28.8 million in sales to the prior year’s results. |
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| The national fabric and craft retailer reported a 6.6% increase in earnings to $27.5 million or $1.10 per share, from $25.8 million or $1.05 per share in the prior year due to gross margin improvement in retail stores offset by the impact of sales from newly acquired Internet business. The strategic growth plan outlined earlier in the fiscal year allowed it to deliver balanced and consistent improvement for the year. |
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American Eagle Outfitters Fourth Quarter Earnings Call
Mar 13, 12:04 PM EDT |
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| Net income dropped 7% to $141 million or 67 cents a share compared to $150 million or 68 cents a share last year due to lower margins. |
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| The clothing retailer reported a 2.3% increase in sales to $995.4 million from $973.4 million in 2006 though comparable store sales decreased 2%, reflecting a decline in traffic, resulting in lower transactions per store. Going forward, the firm is focused on strengthening the business, improving operations and managing inventory and expenses. It is also investing in the development of brands and continuing to build long-term profitability. |
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Playboy Enterprises Fourth Quarter Earnings Call
Mar 13, 5:27 AM EDT |
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| The net loss was $1.1 million as against earnings of $3.7 million, on $1.9 million charges related to sale of assets and restructuring. |
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| The multimedia entertainment company reported revenue of $85.9 million, down from $86.2 million in the prior year. While the Entertainment segment revenue dropped 3%, Licensing segment revenue was up 18%, mainly on higher sales of consumer products. Aiming to reduce costs, Playboy expects to conclude a deal this quarter to sell its assets related to the Andrita Studio in California. However, the firm will preserve the right to access the state-of-the-art facility. |
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