Vail Resorts, Inc, ( MTN: chart), reported that excluding the previously announced charges for early extinguishment of debt in fiscal 2004 and the net loss from sale of businesses in fiscal 2005, the Company's net loss for Q4 of fiscal 2005 would have been 76 cents per share, using a normalized tax rate, up from a net loss which would have been 90 cents per share in the previous fiscal year. The company reported record fiscal year Resort revenue, up 8.2% over last fiscal year, net income of $23.1 million compared to a net loss of $6.0 million last year, record fiscal year Resort Reported EBITDA of $167.5 million, 15.8% higher than last year's $144.6 million.
Yum Brands,( YUM: chart), operator of fast food restaurants, posted Q3 earnings of 72 cents a share, up from a year-earlier profit of 61 cents a share on strong revenue growth. Excluding items, the company gained 71 cents a share, beating the analysts’ estimate for a profit of 70 cents a share. The company raised its full-year outlook to earnings of $2.64 a share, excluding items, slightly above the analysts’ forecasts for earnings of $2.63 a share.
Wolverine World Wide Inc., ( WWW: chart), footwear maker, posted a Q3 profit rise of12 % on strong sales for all three of its major brands. Quarterly profit advanced to 42 cents per share, up from 37 cents per share in the same period last year, topping analysts’ expectations of earnings of 41 cents per share. Sales increased 7 %.
Nu Horizons Electronics Corp., ( NUHC: chart), electronic components distributor, reported Q2 net income was down to 5 cents a share compared to 7 cents a share in the year-ago period despite a net sales increase to $128.3 million from $119.2 million in the same time last year. |