Amrep Corp. ( AXR: chart), land developer and provider of magazine publishing services, said that its second-quarter net income tripled on 61% higher revenue. Quarterly profit increased to $16.1 million, or $2.42 per share, versus $5.1 million, or 76 cents per, in the year-earlier period. Revenue climbed to $56.1 million from $34.8 million a year earlier. Revenue from land sales nearly tripled while revenue from the Kable Media Services business increased 2%.
Kroger Co. ( KR: chart), traditional grocer, reported a third-quarter income of $214.7 million, or 30 cents per share, from $185.4 million, or 25 cents per share, a year ago. Quarterly revenue rose to $14.7 billion from $14 billion in the same period a year earlier. At that time identical supermarket revenue increased 4.9% with fuel and 5.3% without fuel.
World Wrestling Entertainment Inc. ( WWE: chart), wrestling matches for televised and live viewing producer, said that its second-quarter earnings declined to $10.4 million, or 15 cents per share, compared with a year-ago profit of $11.7 million, or 17 cents per share. Revenue climbed to $96.2 million from $88.9 million in the year-ago period.
AutoZone Inc. ( AZO: chart), car parts chain, said that its first-quarter earnings increased to $123.9 million, or $1.73 per share, versus $114.4 million, or $1.48 per share, in the year-ago quarter. Revenue climbed 4.1% and reached to $1.39 billion from $1.34 billion in the year-ago period. Same-store sales were 0.3% higher in the quarter. |