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Earnings Analysis: 
McAfee Net Rises 20%; General Cable Net Loss
Author: Mita Yagnik
123jump.com
Last Update: 4:38 AM ET February 12 2010


McAfee, Inc fourth quarter revenues rose 24% to $525.7 million and net income rose 20% to $54.5 million or 34 cents a share. General Cable Corporation fourth quarter sales fell 12.4% to $1.13 billion and net loss was $9.3 million or 17 cents a share.

 
[R]4:30AM New York - McAfee, Inc revenue rose 24% and net income rose 20%. General Cable Corporation sales fell 12.4% and net loss was $9.3 million.[/R]

Buffalo Wild Wings, Inc., the restaurant operator said fourth quarter revenues rose 19.6% to $145.0 million from $121.2 million a year ago. Net income in the quarter rose 8% to $8.3 million or 46 cents per diluted share compared to net income of $7.7 million or 43 cents per share a year ago.

Total revenues for the fiscal year 2009 rose 27.6% to $538.9 million from $422.4 million a year ago. Net income for the year rose 26% to $30.7 million or $1.69 per diluted share compared to net income of $24.4 million or $1.36 per share a year ago.

Buffalo Wild Wings, Inc. (BWLD: chart) in the last one year traded as high as $48.73 in February 2010 and as low as $21.53 in February 2009. Based on the yesterday’s closing price of $48.40 the company has market cap of $872.43 million.

Chipotle Mexican Grill, Inc., the restaurant said fourth quarter sales rose 12.2% to $387.5 million from $345.3 million a year ago. Net income in the quarter rose 86% to $31.6 million or 99 cents per diluted share compared to net income of $17.0 million or 52 cents per share a year ago.

Net sales for the fiscal year 2009 rose 14% to $1.52 billion from $1.33 billion a year ago. Net income for the year rose 62% to $126.8 million or $3.95 per diluted share compared to net income of $78.2 million or $2.36 per share a year ago.

Chipotle Mexican Grill, Inc. (CMG: chart) in the last one year traded as high as $102.90 in February 2010 and as low as $47.89 in March 2009. Based on the yesterday’s closing price of $101.12 the company has market cap of $3.20 billion.

General Cable Corporation, the fiber optic and metal cable products said fourth quarter sales fell 12.4% to $1.13 billion from $1.29 billion a year ago. Net loss in the quarter was $9.3 million or 17 cents per diluted share compared to net income of $10.6 million or 20 cents per share a year ago.

Net sales for the fiscal year 2009 fell 29% to $4.4 billion from $6.2 billion a year ago. Net income for the year fell 42.5% to $108.4 million or $2.06 per diluted share compared to net income of $188.7 million or $3.54 per share a year ago.

General Cable Corporation (BGC: chart) in the last one year traded as high as $42.73 in August 2009 and as low as $12.77 in March 2009. Based on the yesterday’s closing price of $28.16 the company has market cap of $1.46 billion.

McAfee, Inc, the security software maker said fourth quarter revenues rose 24% to $525.7 million from $424.0 million a year ago. Net income in the quarter rose 20% to $54.5 million or 34 cents per diluted share compared to net income of $45.4 million or 29 cents per share a year ago.

Net revenues for the fiscal year 2009 rose 20.6% to $1.93 billion from $1.60 billion a year ago. Net income for the year rose 0.7% to $173.4 million or $1.09 per diluted share compared to net income of $172.2 million or $1.08 per share a year ago.

McAfee, Inc (MFE: chart) in the last one year traded as high as $45.68 in October 2009 and as low as $26.65 in March 2009. Based on the yesterday’s closing price of $37.89 the company has market cap of $5.98 billion.

Microtune, Inc., a provider of radio frequency integrated circuits said fourth quarter sales fell 12% to $21.1 million from $24.0 million a year ago. Net loss in the quarter was $1.2 million or 2 cents per diluted share compared to net income of $822,000 or 2 cents per share a year ago.

Net sales for the fiscal year 2009 fell 31% to $74.6 million from $108.0 million a year ago. Net loss for the year was $13.3 million or 25 cents per diluted share compared to net income of $6.4 million or 12 cents per share a year ago.

Microtune, Inc. (TUNE: chart) in the last one year traded as high as $2.70 in June 2009 and as low as $1.32 in March 2009. Based on the yesterday’s closing price of $2.33 the company has market cap of $124.56 million.

Panera Bread Company, the operator of retail bakery-cafes said fourth quarter revenues rose 2.6% to $367.0 million from $357.8 million a year ago. Net income in the quarter rose 16.4% to $29.7 million or 95 cents per diluted share compared to net income of $25.5 million or 84 cents per share a year ago.

Total revenues for the fiscal year 2009 rose 4% to $1.35 billion from $1.30 billion a year ago. Net income for the year rose 28% to $86.1 million or $2.78 per diluted share compared to net income of $67.4 million or $2.22 per share a year ago.

Panera Bread Company (PNRA: chart) in the last one year traded as high as $74.42 in February 2010 and as low as $42.30 in March 2009. Based on the yesterday’s closing price of $72.91 the company has market cap of $2.30 billion.

The Cheesecake Factory Incorporated, the restaurant chain said fourth quarter revenues rose 0.05% to $400.6 million from $400.4 million a year ago. Net loss in the quarter was $13,000 or break even per diluted share compared to net income of $7.1 million or 12 cents per share a year ago.
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Market data: BATS Exchange. Inc.

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