10:00AM New York – Aeropostale, Inc sales rose 21% and earnings gained 43%. Bebe stores, Inc sales rose 5% and net income declined 19%. The Gap, Inc revenue fell 5% and earning rose 51%. DryShips Inc revenue surged 63% and net income soared 63%.
Aeropostale, Inc, teen apparel retailer said second quarter sales rose 21% to $377.1 million from $311.2 million a year ago. Net income in the quarter grew 43% to $21.1 million or 31 cents per diluted share compared to net income of$14.7 million or 19 cents per share, a year ago.
Same-store sales or sales at stores open at least a year, rose 11% during the period.
Aeropostale, Inc (
ARO: chart) in the last one year traded as high as $37.40 in May 2008 and as low as $18.29 in September 2007. Based on the yesterday’s closing price the company has a market cap of $2.28 billion.
Bebe stores, Inc, apparel retailer said fourth quarter sales rose 5% to $171.5 million from $162.7 million a year ago. Net income in the quarter slipped 19% to $16 million or 18 cents per diluted share compared to net income of$19.7 million or 21 cents per share, a year ago.
For the full fiscal year, profit declined 18% to $63.1 million, or 69 cents per share, from $77.3 million, or 81 cents per share. Sales rose 2% to $687.6 million from $670.9 million.
Same-store sales decreased 5.6%.
Bebe stores, Inc (
BEBE: chart) in the last one year traded as high as $15.75 in September 2007 and as low as $8.81 in January 2008. Based on the yesterday’s closing price the company has a market cap of $932.94 million.
DryShips Inc, a global provider of marine transportation services for drybulk cargoes said second quarter revenues rose 63% to $302.7 million from $112.5 million a year ago. Net income in the quarter rose 63% to $299.8 million or $7.10 per diluted share compared to net income of$110.8 million or $3.12 per share, a year ago.
DryShips Inc (
DRYS: chart) in the last one year traded as high as $131.34 in October 2007 and as low as $48.21 in January 2008. Based on the yesterday’s closing price the company has a market cap of $3.12 billion.
The Gap, Inc, apparel retailer said second quarter revenues fell 5% to $3.5 billion from $3.69 billion a year ago. Net income in the quarter rose 51% to $229 million or 32 cents per diluted share compared to net income of $152 million or 19 cents per share, a year ago.
Comparable store sales decreased 10%.
The Gap, Inc (
GPS: chart) in the last one year traded as high as $22.02 in December 2007 and as low as $14.77 in July 2008. Based on the yesterday’s closing price the company has a market cap of $13.76 billion.
Intuit Inc, tax preparation and money management software maker said fourth quarter revenues rose 11% to $478.2 million from $432.7 million a year ago. Net loss in the quarter was $61.9 million or 19 cents per diluted share compared to net loss of $13.6 million or 4 cents per share, a year ago.
For the fiscal year, Intuit posted a profit of $476.8 million, or $1.41 per share, an 8% gain over last year''s profit of $440 million, or $1.24 per share. Full-year revenue rose 15% to $3.07 billion, from $2.67 billion last year.
Intuit Inc (
INTU: chart) in the last one year traded as high as $33.10 in October 2007 and as low as $25.08 in March 2008. Based on the yesterday’s closing price the company has a market cap of $3.87 million.
Nordson Corporation, the adhesives and sealants manufacturer said third quarter revenues rose 12% to $288.4 million from $257.7 million a year ago. Net income in the quarter surged 30% to $32.4 million or 93 cents per diluted share compared to net income of $24.5 million or 72 cents per share, a year ago.
Nordson Corporation (
NDSN: chart) in the last one year traded as high as $78.98 in July 2008 and as low as $42.30 in January 2008. Based on the yesterday’s closing price the company has a market cap of $2.42 billion.
Pacific Sunwear of California, Inc, clothing retailer said second quarter sales rose 0.28% to $312.7 million from $311.8 million a year ago. Net income in the quarter was $2.8 million or 4 cents per diluted share compared to net loss of $10.5 million or 15 cents per share, a year ago.