Ross Stores Second Quarter Earnings Call
Sep 05, 7:04 AM EDT |
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| Profit increased 12% to $50.9 million, due to higher sales in Northwest and Mid-Atlantic stores, and higher sales of dresses and home merchandise. |
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| Discount retailer Ross Stores reported revenue increase of 10% to $1.44 billion from $1.31 billion a year ago. Margins were essentially flat, as lower SG&A expenses were countered by higher freight, distribution, and store costs. During the first six months of 2007, the company repurchased 3.1 million shares of common stock for an aggregate of $101 million. The company lowered its full-year outlook to a range of $1.80 to $1.90 per share, from earlier guidance of $1.85 to $1.95 per share. |
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United Natural Foods Fourth Quarter Earnings Call
Sep 04, 3:47 PM EDT |
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| Profit increased 3% to $13.1 million, as a double-digit sales increase managed to offset broadly higher expenses. |
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| The organic and natural foods distributor reported revenue increase of 14% to $706.8 million, failing to meet the analysts’ expectations of $723.3 million. Higher health insurance expenses and an increase in fuel costs also contributed to a rise in operating expenses. United Natural brands division grew at a rate of 30%, through a combination of growth to existing brands and new acquisitions recently completed. In 2008, earnings are expected to be of $1.40 to $1.45 per share |
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Gartner Second Quarter Earnings Call
Sep 04, 3:44 PM EDT |
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| Contract value was $683 million, reflecting the successful execution of the strategy to accelerate growth of research business by growing salesforce. |
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| The provider of research and analysis on the global information technology industry reported revenue increase of 7% to $303.5 million. Gartner had planned to hire 120 sales associates over the course of 2007, but based on recent performance and market demand, the company has accelerated its investment in growing the research business. The company reduced its GAAP EPS guidance by 4 cents per share to reflect the impact of the charges and non-operating items recorded in Q2. |
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