12:00 PM New York – American Outdoor Brands fourth-quarter net declined 22% to $28 million. Franklin Covey third-quarter net loss widened to $4.5 million. Lindsay third-quarter net soared 15% to $11 million. Micron Technology third-quarter net swung to profit $1.6 billion. Nike fourth-quarter net jumped 19% to $1 billion.
Tollbooth Index increased 17.39 or 0.2% to 12,008.92.
American Outdoor Brands Corp
), the handgun and firearms maker said net sales in the fourth-quarter ending in April advanced 3.6% from a year ago to $229.2 million.
Net income in the quarter declined 22.2% to $27.7 million or 50 cents per diluted share from $35.6 million or 63 cents in the same quarter last year.
The firearms maker forecasted fiscal 2018 net sales in the range of $750 million to $790 million and diluted earnings per share between $1.16 and $1.36.
Franklin Covey Co
), the educational services provider stated revenues in the third-quarter ending in May fell 2% from a year ago to $43.8 million.
Net loss in the quarter widened to $4.5 million or 33 cents per diluted share from $1.1 million or 7 cents in the same quarter last year.
During the third quarter, Franklin Covey plans to exit the publishing business in Japan and restructured its U.S./Canada direct office operations.
), the infrastructure services provider said revenues in the third-quarter ending in May jumped 7.2% from a year ago to $151.5 million.
Net income in the quarter soared 14.6% to $11 million or $1.02 per diluted share from $9.6 million or 90 cents in the same quarter last year.
Lindsay said revenues in the U.S. irrigation equipment business increased on higher selling prices and improved volume and revenues in the infrastructure segment surged 31% to $31.5 million.
Micron Technology, Inc
), the memory chip maker said revenues in the third-quarter ending on June 1 surged 92% from a year ago to $5.6 billion.
Net in the quarter swung to profit $1.6 billion or $1.40 per diluted share from a loss of $215 million or 21 cents in the same quarter last year.
The NAND and DRAM memory maker said quarter ended with cash, marketable investments, and restricted cash of $4.90 billion.
), the athletic footwear, apparel and equipment maker reported revenues in the fourth-quarter ending in May jumped 5% from a year ago to $8.7 billion.
Net income in the quarter jumped 19% to $1 billion or 60 cents per diluted share from $846 million or 49 cents in the same quarter last year.
Nike confirmed the pilot program to sell some items directly through Amazon.com marketplace.
""In the US, we''re executing a new pilot with Amazon with a limited Nike product assortment. We''re in the early stages, but we look forward to evaluating the results of the pilot,"" said chief executive officer Mark Parker.