Big Lots Inc, ( BLI: chart), reported that Q2 comparable store sales are forecast to rise 1% to 4%, and it expects to narrow its quarterly loss from continuing operations to a range of 7 cents to 10 cents a share. Analysts were expecting a Q2 loss of 8 cents a share and earnings of 37 cents a share for the year.
Sanderson Farms Inc, ( SAFM: chart), poultry producer, reported it reversed to a Q2 loss of 83 cents a share, down from a net income of $1.32 a share a year earlier. The company added that sales fell to $225.1 million from $259.2 million. The company also said that results reflect a combination of sluggish demand for poultry products in the domestic market coupled with a decline in export levels that has depressed market prices. The company missed analyst estimate for a loss of 47 cents a share.
Genesco Inc, ( GCO: chart), footwear, headwear and accessories retailer, reported Q1 net income advanced to 40 cents a share, up from 34 cents a share a year earlier. The company added that earnings from continuing operations totaled 41 cents a share. Sales advanced to $315 million from $286.1 million. The company met analyst estimate.
Flowers Foods Inc, ( FLO: chart), bakery products maker, reported that Q1 net income advanced 15% to 37 cents a share on 11% revenue growth on sales of Nature''s Own products. Earnings from continuing operations at the company were 36 cents a share, topping analyst estimate by three cents.
Patterson Companies, ( PDCO: chart), dental products distributor, reported it Q4 earnings advanced to 41 cents a share, up from 36 cents a share a year ago on 11% revenue growth, with sales in its largest business, Patterson Dental, up 11% and sales from its veterinary unit 19% higher. The company met analysts’ views. |