Deere & Co. (
DE: chart), agricultural equipment producer, said that its fourth-quarter net income rose 19% on 3% higher revenue. Quarterly earnings reached $277 million, or $1.20 per share, from $233 million, or 96 cents per share, in the year-earlier period. Earnings from continuing operations, which exclude the company''s discontinued health-care business, were $1.20 versus 91 cents. Revenue reached $5.12 billion from $4.99 billion a year ago.
Signet Group Plc. (
SIG: chart), retail jeweler, said that its third-quarter loss widened to 14.9 million pounds ($28 million) from 11.6 million pounds, hurt by foreign exchange movements. Revenue jumped 23% to 328 million pounds in the same quarter a year ago. U.S. same-store sales rose 6.5% while U.K. same-store sales were up 3% in the quarter.
Genesco Inc. (
GCO: chart), footwear and accessories chains operator, reported third-quarter net income of $15.6 million, or 62 cents per share compared to $16.1 million, or 61 cents per share a year ago. Revenue jumped to $364.3 million compared to $316.3 million a year ago.
Eaton Vance Corp. (
EV: chart), investment management firm, reported fourth-quarter net income of $38.5 million, or 29 cents per share, compared with $37.7 million, or 27 cents per share in the prior year. The company said that quarterly earnings were reduced by 6 cents per share on expenses related to the early retirement of long-term debt. Fourth-quarter revenue jumped to $227.3 million versus $198.1 million a year earlier.
Dollar Tree Stores Inc. (
DLTR: chart), discount retail chain, reported 4.5% higher third-quarter profit due to a better mix of merchandise. The quarterly net earnings were $32.5 million, or 32 cents per share, versus $31.1 million, or 29 cents per share in last year quarter. Revenue climbed 14.3% to $910.4 million from $796.8 million a year ago. Sales at stores open longer than a year were higher by 4%.