Content about Q4

May 23, 2013
Ralph Lauren’s Q4 profit jumps 35%

Ralph Lauren Corp. reported a 35% jump in fourth-quarter profit as the retailer benefited from lower cotton prices.

New York – Ralph Lauren Corp. reported a 35% jump in fourth-quarter profit as the  retailer benefited from lower cotton prices.

The company reported net income of $127.2 million for the three months that ended March 30, compared with $94.4 million, or 99 cents per share, a year earlier.

Total net revenue rose 1.3% to $1.64 billion. Retail sales improved 7%, while wholesale sales declined 3.9%

March 27, 2013
Books-A-Million sales slip in Q4

Books-A-Million reported a profit of $8.1 million for the fourth quarter, up slightly from $7.6 million a year earlier.

Birmingham, Ala. -- Books-A-Million reported Wednesday a profit of $8.1 million for the fourth quarter, up slightly from $7.6 million a year earlier.

Sales dipped 0.8% to $165.6 million, and same-store sales dropped 6.1%.

For the full year, the retailer swung from a loss of $4 million to a profit of $2.5 million. Revenue rose 7.5% to $503.8 million.

March 22, 2013
New York & Company posts Q4 profit

New York & Company reported net income for the fourth quarter of $10.5 million, compared with a net loss in the prior year fourth quarter of $10.9 million.

New York -- New York & Company reported net income for the fourth quarter of $10.5 million, compared with a net loss in the prior year fourth quarter of $10.9 million.

Net sales for the quarter were $291.8 million, up from $271.8 million in the year-ago period. Same-store sales increased 2.3%.

March 21, 2013
Ross Q4 profit jumps 23%; to stop reporting monthly sales

Ross Stores Inc. said its fourth-quarter net income rose 23%, in line with analysts’ projections.

Pleasanton, Calif. -- Ross Stores Inc. said Thursday its fourth-quarter net income rose 23%, in line with analysts’ projections. The off-price retailer also announced that beginning with the second quarter of fiscal 2013 it will no longer report monthly sales. Instead, quarterly same-store store sales results will be provided with regularly scheduled earnings releases.
 

March 15, 2013
Brown Shoe swings to profit in Q4

Brown Shoe Co. reported Friday that net income of the fourth quarter was $4 million, compared with a loss of $8.2 million in the year-ago period.

St. Louis -- Brown Shoe Co. reported Friday that net income of the fourth quarter was $4 million, compared with a loss of $8.2 million in the year-ago period.

Sales rose to $640.2 million from $628.9 million.

For full year 2012, profit edged up to $27.5 million from $24.6 million. Sales increased to $2.59 billion from $2.58 billion.

 

March 15, 2013
Hibbett Sports Q4 income up 22%; to open 65 to 70 stores

Hibbett Sports reported that net income for its fiscal fourth quarter increased a better-than-expected 22.3% to $19.4 million, compared with $15.8 million for the same period last year.

Birmingham, Ala. -- Hibbett Sports reported that net income for its fiscal fourth quarter increased a better-than-expected 22.3% to $19.4 million, compared with $15.8 million for the same period last year.

Net sales for the fourth quarter increased 14% to $217.4 million from $190.7 million in the year ago period. Same-store sales increased 4.9%.

Looking ahead, in its current fiscal year, the company expects to open 65 to 70 new stores, expand approximately 18 high-performing stores and close 15 to 20 stores.

March 15, 2013
Zumiez Q4 profit up 22%; 60 new stores planned for 2013

Zumiez Inc. said its fiscal fourth quarter net income rose 22.1% to $22.9 million on improved sales.

Lynwood, Wash. -- Zumiez Inc. said Thursday its fiscal fourth quarter net income rose 22.1% to $22.9 million on improved sales.

Revenue for the quarter, ended Feb.2, (14 weeks) increased to $224.4 million from $183.9 million in the year-ago period (13 weeks). Same-store sales fell 1%.

Zumiez said it plans to open about 60 new stores in the current fiscal year, including up to 10 stores in Canada and six stores in Europe.

March 14, 2013
Christopher & Banks narrows Q4 loss

Christopher & Banks Corp. narrowed its fiscal fourth-quarter loss as the company received a boost from an extra week of sales and cut costs.

Minneapolis -- Christopher & Banks Corp. narrowed its fiscal fourth-quarter loss as the company received a boost from an extra week of sales and cut costs.

The retailer posted a loss of $4.1 million for the 14 weeks through Feb. 2, compared with a loss of $53.2 million in the 13 weeks the year before.

Revenue was up 10%, to $116 million from $105.6 million. Same-store sales jumped 18.5%.

Total expenses fell 25% to $120 million.

March 13, 2013
Hot Topic Q4 profit surges, topping expectations

Hot Topic reported net income in the fourth quarter ended February 2, 2013, of $12.1 million, up from $9.0 million in the year-ago period.

City of Industry, Calif. -- Hot Topic reported net income in the fourth quarter ended February 2, 2013, of $12.1 million, up from $9.0 million in the year-ago period.

Total sales for the fourth quarter increased 11.0% to $233.0 million, compared to $209.9 million last year. Total same-store sales increased 2.6%. (Due to the 53rd week in fiscal 2012, fourth quarter comparable sales are compared to the corresponding 14 week period ended February 4, 2012.)

March 6, 2013
Big Lots profit edges up in Q4; 50 stores on tap for fiscal 2013

Big Lots reported that net income for the fourth quarter rose to $120.3 million, from $114.7 million in the year-ago period.

Columbus, Ohio -- Big Lots reported Wednesday that net income for the fourth quarter rose to $120.3 million, from $114.7 million in the year-ago period. Sales in the U.S. increased 4.4% to $1.7 billion from $1.6 billion, and domestic same-store sales dipped 3.5%.

For the full year, income from continuing operations dropped to $177.2 million, from $207.2 million in the prior fiscal year. This year’s results included $3.4 million in charges related to new inventory system implementation.

March 1, 2013
Best Buy tops Street as Q4 loss narrows; buyout talks with founder Schulze end

Best Buy Co. said that its loss narrowed in the fourth quarter, helped by improved U.S. sales.

Minneapolis -- Best Buy Co. said that its loss narrowed in the fourth quarter, helped by improved U.S. sales. In a separate release, the company said that the deadline passed without it having received an acquisition offer from its co-founder, Richard Schulze, who had been considering making a bid for the chain.

“The company received no such offer and will continue to focus on its transformation for the benefit of all of its stakeholders,” Best Buy said in a statement.

February 28, 2013
Chico’s Q4 up 26%; to open Boston Proper stores

Chico's FAS’ fiscal fourth quarter net income rose 26%, helped by new store openings and the same of more items at full price.

Fort Meyers, Fla. -- Chico's FAS’ fiscal fourth quarter net income rose 26%, helped by new store openings and the same of more items at full price. The quarter also had an extra week of sales.

Chico’s earned $31.5 million for the 14 weeks ended Feb. 2, compared with $25.1 million in the 13-week period a year earlier.

Revenue rose 15% to $651.9 million, from $569.2 million. Wall Street analysts had expected higher revenue of $666.1 million.

Same-store sales rose 3.7%.  

February 27, 2013
Target Q4 slips but tops Street; will open 124 stores in Canada by yearend

Target Corp. reported a profit of $961 million for the fourth quarter, down from $981 million in the year-ago period.

Minneapolis -- Target Corp. reported Wednesday a profit of $961 million for the fourth quarter, down from $981 million in the year-ago period. The profit slip reflected expenses related to its Canadian market entry along with a spending slowdown during the holiday period. It was Target's weakest holiday season performance since 2008. But its adjusted results beat analysts' estimates and it forecast first-quarter earnings above Wall Street's view.

February 26, 2013
Home Depot Q4 profit surges 32%, beating estimates

The Home Depot Inc. said its fiscal fourth-quarter net income jumped 32%, beating expectations, helped by strong U.S. sales and repairs and cleanup resulting from Superstorm Sandy.

Atlanta -- The Home Depot Inc. said Tuesday its fiscal fourth-quarter net income jumped 32%, beating expectations, helped by strong U.S. sales and repairs and cleanup resulting from Superstorm Sandy. The chain also said it will buy back $17 billion of its common stock and boosted its quarterly dividend by 34%.

January 31, 2013
Tractor Supply Q4 profit up

Tractor Supply Co. reported that net income for the quarter was $79.5 million, compared with net income of $70.5 million in the fourth quarter of the prior year.

Brentwood, Tenn. — Tractor Supply Co. reported that net income for the quarter was $79.5 million, compared with net income of $70.5 million in the fourth quarter of the prior year.

Net sales for the fourth quarter increased to $1.29 billion, or 3.7% over the prior year's 14-week period.

Same-store sales increased 4.7%, compared with a strong 7.6% increase in the prior-year period.

The company opened 25 new stores in fourth quarter 2012, compared with 31 new store openings in the prior year's fourth quarter.

November 8, 2012
Whole Food Q4 profit jumps nearly 50%

Whole Foods Market Inc. said that its fiscal fourth-quarter profit increased nearly 50% on strong sales.

Austin, Texas -- Whole Foods Market Inc. said Wednesday that its fiscal fourth-quarter profit increased nearly 50% on strong sales. The grocer’s company's net income rose to $112.7 million for the period ended Sept. 30, up from $75.5 million a year ago.

Revenue rose nearly 24% to $2.91 billion, with an extra week in the most recent quarter. Same-store sales were up nearly 9%.

September 28, 2012
Walgreens Q4 profit falls 55%, but adjusted results top forecasts

Walgreens’ fiscal fourth quarter net income fell 55% compared with a year ago when the drugstore operator recorded a big business sale gain.

Deerfield Beach, Fla. -- Walgreens’ fiscal fourth quarter net income fell 55% compared with a year ago when the drugstore operator recorded a big business sale gain. However, its adjusted earnings still beat analysts’ expectations.

Walgreen earned $353 million for the quarter ended Aug. 31, compared with $792 million a year ago. On an adjusted basis, Walgreen earned $553 million versus $599 million a year earlier. Adjusted earnings excluded acquisition-related costs and costs related to inventory.