Content about Net profit

November 18, 2011
Kirkland’s Q3 profit falls 48%, but beats expectations

Kirkland’s net profit in its fiscal third quarter as operating expenses and cost of sales rose, and same-store sales declined. But its results still beat Wall Street's expectations.

Nashville, Tenn. -- Kirkland’s net profit in its fiscal third quarter as operating expenses and cost of sales rose, and same-store sales declined. But its results still beat Wall Street's expectations. The company earned $1.2 million, compared with $2.3 million a year earlier.

Operating expenses rose 8% to $31.3 million, while the company's cost of sales rose 7% to $60.9 million.

Sales rose 5% to $97.1 million, from $92.7 million. Same-store sales were down 3.6%.
 

April 26, 2011
Office Depot reports Q1 loss amid weak sales

Office Depot reported a first quarter loss of $5.4 million, down from a profit of $29.5 million in the prior-year period, amid weaker sales and a higher tax rate.

Boca Raton, Fla. -- Office Depot reported a first quarter loss of $5.4 million, down from a profit of $29.5 million in the prior-year period, amid weaker sales and a higher tax rate.

Total company sales for the quarter were $2.97 billion, down 3% from last year.

April 21, 2011
Apple reports strong Q2 earnings

Apple reported a record second-quarter net profit of $5.99 billion, or $6.40 per diluted share, and revenue of $24.67 billion, thanks to strong sales in Macs, iPhones and iPads.

Cupertino, Calif. -- Apple reported a record second-quarter net profit of  $5.99 billion, or $6.40 per diluted share, and revenue of $24.67 billion, thanks to strong sales in Macs, iPhones and iPads. These results compare with net quarterly profit of $3.07 billion, or $3.33 per diluted share, and revenue of $13.5 billion, in the year-ago quarter. International sales also helped boost profits, as they accounted for 59% of the quarter’s revenue, the company reported.

March 15, 2011
Williams-Sonoma reports record earnings growth

Williams-Sonoma announced that net revenues for fourth quarter 2010 increased 9.7% to $1.195 billion versus $1.09 billion in fourth quarter 2010, including Internet net revenue growth of 27.2% and a comparable-store sales increase of 5.2%.

San Francisco -- Williams-Sonoma announced that net revenues for fourth quarter 2010 increased 9.7% to $1.195 billion versus $1.09 billion in fourth quarter 2010, including Internet net revenue growth of 27.2% and a comparable-store sales increase of 5.2%.

Diluted earnings per share on a GAAP basis were $1.05 for the quarter, compared with 81 cents for the same period last year.

November 20, 2008
Gap 3Q Profit Up

Gap Inc. posted higher quarterly net profit on Thursday, topping Wall Street expectations, helped by...

May 27, 2008
Polo Ralph Lauren Profit Rises

Polo Ralph Lauren Corp. reported a higher quarterly profit on Wednesday, helped by strong sales,...

May 14, 2008
Blockbuster Swings to Profit in 1Q

Blockbuster posted a higher-than-expected quarterly profit as it cut costs by closing stores, reducing advertising...

December 3, 2007
Guess Reports Record 3Q

Guess? Inc. reported record net earnings of $58.3 million for the third quarter of...

September 4, 2007
J. Crew Turns to Profit in 2Q

New York, J....