Industrial parts maker Rexnord Corp. (RXN) Tuesday reported a higher fourth-quarter profit, while net sales remained flat with last year. The company said its board of directors continues to review Rexnord's various strategic alternatives and expects to complete its review by the end of the first quarter...
Off-price retailer TJX Companies, Inc. on Tuesday reported an 8 percent increase in profit for the first quarter on higher revenues and improved merchandise margins. Revenues beat analysts' expectations, while earnings per share matched their estimates. The company provided earnings guidance for the second quarter and raised the lower end of its fiscal 2014 earnings range, but below Street view.
Rexnord Corp. (RXN), which designs, manufactures, markets, and services process and motion control, and water management products, Tuesday reported net income of $24 million or $0.24 per share for the fourth quarter compared with $8.6 million or $0.12 per share during the corresponding quarter last year....
Medical equipment maker Medtronic, Inc. Tuesday reported a decline in fourth-quarter profit, reflecting higher restructuring charges and a gain on sale recorded in the prior year. Adjusted earnings and revenues, however, topped analysts' expectations. Net sales grew, with 4 percent increase in international revenue, which accounted for 47 percent of the company's worldwide revenue.
Luxury retail chain Saks, Inc. (SKS) reported Tuesday a profit for the first quarter that decreased from last year, reflecting higher charges and lower operating margins. However, comparable store sales grew 5.9 percent from last year. Adjusted earnings per share matched analysts' expectations, while...
TJX Companies, Inc. (TJX) reported that its first-quarter net income rose to $452.89 million from $419.20 million in the same quarter last year. Earnings per share for the quarter were $0.62, a 13% increase over last year's $0.55. Analysts polled by Thomson Reuters expected the company to report earnings...
Red Robin Gourmet Burgers Inc. (RRGB) reported first-quarter net income of $9.5 million or $0.66 per share compared to $10.6 million or $0.71 per share last year.
Total revenues increased 2.3% to $306.3 million. Company-owned comparable restaurant revenues increased 2.2%.
On average, 15 analysts...
Tidewater Inc. (TDW), a provider of offshore service vessels and marine support services, Tuesday reported an increase in its earnings and revenues for the fourth quarter.
For the quarter, net earnings were $46.6 million or $0.95 per share, compared with $33.6 or $0.44 per share for the corresponding...
Dick's Sporting Goods, Inc. (DKS) on Tuesday reported a 13 percent increase in profit for the first quarter, reflecting higher revenues and the partial recovery of a previously impaired investment that helped offset lower consolidated same store sales. However, revenues missed analysts' expectations,...
Consumer electronics retailer Best Buy Co., Inc. (BBY) reported Tuesday a loss for the first quarter compared to a profit last year, when results included Super Bowl big-screen sales. The company also said it will not provide financial guidance but indicated a weak second quarter.
Auto-parts retailer AutoZone Inc. (AZO) Wednesday said profit in the third quarter increased nearly 7 percent from last year, amid improved sales. However, domestic same store sales saw a marginal drop.
Retailer Saks Inc. (SKS) posted first-quarter net income of $20.0 million, or $0.13 per share, down from $32.15 million, or $0.18 per share in the year ago quarter.
The latest-quarter results included after-tax items totaling $10.1 million comprising $2.3 million of store closing costs and a $7.8...
Monro Muffler Brake Inc. (MNRO) reported that net income for the fourth quarter decreased 22.6% to $8.1 million from $10.5 million in the prior year period. Earnings per share for the quarter decreased 24.2% to $0.25. This compared to earnings per share of $0.33 in the fourth quarter of fiscal 2012,...
Home improvement retailer Home Depot, Inc. Tuesday reported a higher first-quarter profit that was benefited from a recovering housing market. Net sales grew 7 percent and surpassed analysts' expectations. The company also lifted its outlook for fiscal 2013. In pre-market trading, the shares are currently up about 4 percent.
DICK'S Sporting Goods Inc. (DKS) reported first-quarter net income of $64.8 million or $0.52 per share. The company noted that the results include an after-tax increase to net income of $4.3 million, or $0.04 per share, resulting from an estimated partial recovery of its previously impaired JJB investment....