Content about Profit

August 9, 2012
Kohl’s Q2 profit beats expectations on cost controls; sales disappoint

Kohl’s Corp. reported a better-than-expected second-quarter profit amid efforts to control costs.

Menomonee Falls, Wis. -- Kohl’s Corp. reported a better-than-expected second-quarter profit amid efforts to control costs. Sales, however, disappointed.

The retailer posted a second-quarter profit of $240 million, down from $299 million in the year-ago period.

Net sales were $4.2 billion, down 1.0% from last year. Same-store sales decreased 2.7% for the quarter.

May 23, 2012
Big Lots Q1 profit misses

Big Lots Inc. posted a lower-than-expected adjusted profit for the first quarter and cuts its full-year earnings outlook.

Columbus, Ohio -- Big Lots Inc. posted a lower-than-expected adjusted profit for the first quarter and cuts its full-year earnings outlook.

Big Lots' first-quarter earnings fell 22% to $40.7 million, from $52.5 million a year ago. Sales increased 5.4% to $1.29 billion. Same-store sales edged down 0.8%.

Net profit margin declined to 3.1% from 4.3% a year ago.
 

January 12, 2012
Fast Retailing net profit rises in Q1, but trims outlook

Fast Retailing Co., operator of the Uniqlo apparel chain, reported a net profit of $405.3 million for the first quarter, a 37% rise that the company said was due in large part to a change in accounting methods.

Tokyo -- Fast Retailing Co., operator of the Uniqlo apparel chain, reported Thursday a net profit of $405.3 million for the first quarter, a 37% rise that the company said was due in large part to a change in accounting methods. Operating profit dipped 2.8%.

Sales gained 8.6% overall for the quarter, but the company has trimmed its full-year outlook as sales in its home market remained sluggish.

December 1, 2011
Kroger Q3 profit slips 2%, but beats Street

Kroger Co. raised its full-year forecast and also projected earnings growth for its next fiscal year that was ahead of long-term goals even as its profit slipped 2% in the third quarter.

Cincinnati -- Kroger Co. on Thursday raised its full-year forecast and also projected earnings growth for its next fiscal year that was ahead of long-term goals even as its profit slipped 2% in the third quarter.

The chain reported profit of $195.9 million profit for the quarter ended Nov. 5, down from $202.2 million a year earlier. Still, its results topped Wall Street expectations.

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%.
 

June 2, 2011
Charming Shoppes Q1 profit surges on cost-cutting

Charming Shoppes said Thursday that its first-quarter net income more than quintupled, but its revenue was flat and the profit rise was driven largely by cost cutting.

Bensalem, Pa. -- Charming Shoppes said Thursday that its first-quarter net income more than quintupled, but its revenue was flat and the profit rise was driven largely by cost cutting.

The CEO sounded a cautious tone for the future, saying the company needs to reignite store traffic and cope with rising cotton costs.

The company, which operates Lane Bryant, Catherines and Fashion Bug stores, said its net income for February through April was $26 million, up from $3.9 million in the same period last year.

October 1, 2009
Village Super Market Q4 profit drops

Village Super Market said Friday that its profit fell 3.0% in the fourth quarter due...

December 17, 2008
Pier 1 3Q Loss Widens

Pier 1 Imports Inc. said that the company's loss for the third-quarter ended Nov. 29...

December 4, 2008
Guess 3Q Profit Up 9%

Guess?, Inc. said Thursday that its profit rose 9% in the third quarter on an...

December 3, 2008
Williams-Sonoma Posts 3Q Loss

Williams-Sonoma Inc. Thursday reported a smaller-than-expected quarterly loss on Thursday and said it amended a...

November 25, 2008
Fred’s 3Q Profit Up on Cost Cuts

Fred's Inc. said Wednesday its third-quarter profit rose 32%, as the company cut its expenses....

November 20, 2008
Hibbett 3Q Profit Slips as Overhead Rises

Hibbett Sports Inc. said Thursday its third-quarter profit fell 2% despite a pickup in sales,...

November 18, 2008
Home Depot 3Q Profit Tumbles 31%

Following Tuesday’s news that The Home Depot had experienced third-quarter sales drops in excess of...

July 23, 2008
West Marine 2Q Profit Tumbles

West Marine Inc. said Thursday it earned a much smaller second-quarter profit as hefty charges...

July 22, 2008
Costco Warns on Fourth-Quarter and Yearly Profit

Costco Wholesale Corp. said Wednesday its fiscal fourth-quarter and full-year profit will miss Wall Street...

November 13, 2007
Macy's Swings to 3Q Profit

Atlanta, Macy's Inc....

October 18, 2005
Charges Push Office Depot to 3Q Loss

Delray Beach, Fla., ...

October 18, 2005
Charges Push Office Depot to 3Q Loss

Delray Beach, Fla., ...

March 13, 2005
Smaller Food Retailers’ Profits Higher Than Those of Larger Chains in 2003-04

Washington, D.C., Small...