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Earnings Analysis: 
Dick’s Net Loss, KR Net Rises 8%
Author: Trupti Mehta
123jump.com
Last Update: 9:24 AM ET March 10 2009



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Dick’s Sporting Goods, Inc fourth quarter sales fell 0.4% to $1.20 billion and net loss was $104.4 million or 93 cents a share. The Kroger Co fourth quarter sales rose 0.6% to $17.3 billion and net income rose 8% to $349.2 million or 53 cents a share.

 
[R] 10:00AM New York - Dick’s Sporting Goods, Inc sales fell 0.4% and net loss was $104.4 million. The Kroger Co sales rose 0.6% and net income rose 8%.[/R]

A. M. Castle & Co, a specialty metals and plastics distribution company reported fourth quarter sales fell 0.2% to $321.5 million from $322.1 million a year ago. Net loss in the quarter was $53.6 million or $2.37 per diluted share compared to net income of $6.7 million or 29 cents per share a year ago.

Net sales for the fiscal year 2008 rose 5.6% to $1.50 billion from $1.42 billion a year ago. Net loss for the fiscal year 2008 was $17.1 million 76 cents per diluted share compared to net income of $51.2 million or $2.41 per share a year ago.

A. M. Castle & Co (CAS: chart) in the last one year traded as high as $39.46 in May 2008 and as low as $5.29 in March 2009. Based on the yesterday''s closing price of $5.37 the company has market cap of $121.61 million.

Dick’s Sporting Goods, Inc, the full line sporting goods retailer reported fourth quarter sales fell 0.4% to $1.20 billion from $1.21 billion a year ago. Net loss in the quarter was $104.4 million or 93 cents per diluted share compared to net income of $73.2 million or 62 cents per share a year ago.

Net sales for the fiscal year 2008 rose 6% to $4.13 billion from $3.89 billion a year ago. Net loss for the fiscal year 2008 was $35.1 million 31 cents per diluted share compared to net income of $155.0 million or $1.33 per share a year ago.

Dick’s Sporting Goods, Inc (DKS: chart) in the last one year traded as high as $30.21 in May 2008 and as low as $9.21 in November 2008. Based on the yesterday''s closing price of $10.93 the company has market cap of $1.22 billion.

Evans & Sutherland Computer Corporation, a world’s first computer graphics company reported fourth quarter sales rose 35% to $11.6 million from $8.6 million a year ago. Net loss in the quarter was $0.3 million or 3 cents per diluted share compared to net loss of $0.9 million or 8 cents per share a year ago.

Sales for the fiscal year 2008 rose 44% to $37.7 million from $26.2 million a year ago. Net loss for the fiscal year 2008 was $4.0 million 36 cents per diluted share compared to net loss of $6.3 million or 57 cents per share a year ago.

Evans & Sutherland Computer Corporation (ESCC: chart) in the last one year traded as high as $1.69 in September 2008 and as low as $0.03 in March 2009. Based on the yesterday''s closing price of $0.190 the company has market cap of $2.11 million.

JA Solar Holdings Co., Ltd, a manufacturer of high performance solar product reported fourth quarter revenues fell 6.9% to Rmb 979.0 million from Rmb 1.1 billion a year ago. Net income in the quarter rose 51.4% to Rmb 148.8 million or Rmb 0.68 per ADS compared to net income of Rmb 98.3 million or Rmb 0.64 per ADS a year ago.

Net revenues for the fiscal year 2008 rose 102.6% to Rmb 5.5 billion from Rmb 2.7 billion a year ago. Net income for the fiscal year 2008 rose 19.6% to Rmb 479 million Rmb 2.31 per ADS compared to net income of Rmb 400.4 million or Rmb 2.93 per ADS a year ago.

JA Solar Holdings Co., Ltd (JASO: chart) in the last one year traded as high as $27.00 in April 2008 and as low as $1.55 in November 2008. Based on the yesterday''s closing price of $2.07 the company has market cap of $347.53 million.

The Kroger Co, the nation''s largest retail grocery chains reported fourth quarter sales rose 0.6% to $17.3 billion from $17.2 billion a year ago. Net income in the quarter rose 8% to $349.2 million or 53 cents per diluted share compared to net income of $322.9 million or 48 cents per share a year ago.

Sales for the fiscal year 2008 rose 8.2% to $76.0 billion from $70.2 billion a year ago. Net income s for the fiscal year 2008 rose 6% to $1.25 billion $1.90 per diluted share compared to net income of $1.18 billion or $1.69 per share a year ago.

The Kroger (KR: chart) in the last one year traded as high as $30.63 in August 2008 and as low as $19.39 in March 2009. Based on the yesterday''s closing price of $19.46 the company has market cap of $12.70 billion.
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Market data: BATS Exchange. Inc.

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