Thursday Morning Earnings Roundup
• Tractor Supply Co. posted a 140.8% improvement in net income to $18.3 million in the third quarter. The heady growth was supported by a 12.5% increase in net sales to $479.6 million and same-store sales growth of 1.8%.
• Linens ‘n Things Inc. reported net earnings of $1 million in the third quarter, down from $17.2 million in the year-ago period. The downturn came on a 3.8% decline in net sales to 3.8% for the quarter and comps shrinkage of 10.2%.
•Build-A-Bear Workshop grew its net income by half to $5.3 million in the third quarter on 1.3% comps growth and a 25.7% jump in net sales to $83.2 million.