CBRL Group Inc. (
CBRL: chart), operator of Cracker Barrel Old Country Store Restaurants, said that its second-quarter earnings increased to $102.5 million, or $2.88 per share, compared with a year-ago profit of $30.8 million, or 61 cents per share. On a continuing operations basis the company earned $20.5 million, or 60 cents per share, in the latest quarter. Revenue climbed 4% to $612.1 million versus $586.7 million a year earlier.
Fossil Inc. (
FOSL: chart), watch and accessory company, earned $38.2 million, or 55 cents per share, in the fourth quarter, according to preliminary data. Because there is a chance that net income for past periods may be restated, the company did not provide a comparison to year-ago figures. Sales jumped 20.5% to $390.8 million against $324.2 million a year earlier.
Wal-Mart Stores Inc. (
WMT: chart), retail stores operator, reported fourth-quarter net income rose 9.8% on 11% higher revenue. Earnings from continuing operations rose 8.8%. For the quarter the company earned $3.94 billion, or 95 cents per share, compared with $3.59 billion, or 86 cents per share, a year earlier. Earnings from continuing operations were 95 cents compared with 87 cents. Total revenue was $99.08 billion against $89.25 billion last year. Sales climbed 11% to $98.09 billion against $88.42 billion a year ago.
Ituran Location and Control Ltd. (
ITRN: chart), provider of stolen vehicle recovery and tracking services, said that its fourth-quarter profit increased 41.3% to $5.2 million, or 22 cents per share, compared with $3.7 million, or 16 cents per share, a year earlier. The fourth-quarter revenue climbed 23.4% to $29 million, driven by an increase in subscriber numbers.