Joe's Jeans Inc. (JOEZ) turned a profit in the third quarter, as sales rose 25%.
Q3 net income of $1.39 million or $0.02/share vs. year-ago loss of $2.04 million or $0.03/share. Consensus loss of $0.01 per share.
Q3 sales rose to $30.3 million from $24.2 million last year. Consensus $27.74 million.
Retail same store sales increased 7%.
Gross margin was 46% vs. 40% in the prior year period, due to the absence of a $1.6 million inventory write-down in the year-ago period.
Before year-end, the company plans to open 3 full-priced stores, bringing the total to 30.
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Automobile financing company Consumer Portfolio Services, Inc. (CPSS) is another back-in-the-black story.
Q3 net income was $2.7 million, or $0.11 per share vs. year-ago loss of $4.0 million, or $0.20 per share.
Q3 revenues rose 42% to $47.9 million from $33.8 million last year.
Packaging Corporation of America (PKG) guided fourth quarter earnings, slightly above estimates.
The company sees Q4 earnings of $0.61 per share vs. consensus $0.59.
Health and beauty products maker CCA Industries, Inc. (CAW) posted a slight increase in third-quarter profit, on a nearly 15% increase in revenues.
Q3 net profit rose to $429 thousand, compared to $399 thousand in the year-ago period. On a per share basis, earnings were unchanged at $0.06.
Revenues rose 14.5% to $14.0 million from $12.2 million last year.
Health insurer UnitedHealth Group Inc. (UNH) lifted its FY12 earnings per share outlook to $5.20 to $5.25 from previous expectations of $4.90 to $5 per share. Consensus $5.10.
Goldman Sachs Group Inc. (GS) turned to a profit in the third-quarter, as revenues more than doubled.
Q3 net earnings applicable to common shareholders $1.46 billion, versus loss of $428 million
Earnings per share were $2.85, vs. year-ago loss of $0.84 a year earlier. Consensus $2.12.
Net revenues, including net interest income, jumped to $8.35 billion, from $3.59 billion last year. Consensus $7.30 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.