Gymboree First Quarter Earnings Call
22nd May 2008 00:00 AM |
|
| Net income rose 20% to $25 million, mainly due to higher retail sales. |
|
| Revenue rose 16% to $242.1 million from $209.3 million a year ago. The total number of stores open at the end of the quarter was 811. Gross profit increased 140 basis points to 51%. SG&A as a percentage of sales increased 30 basis points to 33.8% of sales. Cash, cash equivalents, and investments at the end of the quarter were $58 million with no short or long-term borrowings outstanding. The company expects earnings of 18 cents to 20 cents a share in Q2 and $3.10 to $3.15 a share in 2008. |
|
|
Full Story... |
Gymboree Fourth Quarter Earnings Call
14th March 2008 00:00 AM |
|
| The earnings increased to $26.8 million or 93 cents per share as against $24.4 million or 75 cents per share. |
|
| 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. |
|
|
Full Story... |
|
|
