Content about Revenue

January 31, 2014

Wayfair reported $915 million in revenue to close the year 2013, with an annual revenue growth rate of 55% and order intake exceeding $1 billion.

Boston – Wayfair reported $915 million in revenue to close the year 2013, with an annual revenue growth rate of 55% and order intake exceeding $1 billion. The company said its portfolio of home brands experienced steady growth throughout 2013 capped off by strong holiday sales in the fourth quarter.

July 31, 2013

Big 5 Sporting Goods reported that its second-quarter profit more than doubled from a year ago on higher sales and expanding margins, but its revenue fell short of expectations.

El Segundo, Calif. -- Big 5 Sporting Goods reported that its second-quarter profit more than doubled from a year ago on higher sales and expanding margins, but its revenue fell short of expectations.

The sporting goods’ retailer said its net income increased to $6.1 million for the period ended June 30, up from $2.6 million in the year ago period. Net sales climbed 5.9%, to $239.9 million, below the $244 million expected by analysts.

January 24, 2012

McDonald’s Corp. reported that consolidated revenues for fiscal 2011 rose 12% to a record-high $27 billion.

Oak Brook, Ill. -- McDonald’s Corp. reported Tuesday that consolidated revenues for fiscal 2011 rose 12% to a record-high $27 billion. The restaurant chain also said that global same-store sales increased 5.6% for the year ended Dec. 31, with positive comps across all geographic segments for every quarter.

"During 2011, McDonald's continued momentum drove higher profitability and market share gains as we fortified our leadership position around the world," said McDonald's CEO Jim Skinner.

December 13, 2011

Best Buy says its third-quarter net income fell 29% $154 million, from $217 million in the year-ago period, worse than analysts had expected.

Minneapolis -- Best Buy says its third-quarter net income fell 29% $154 million, from $217 million in the year-ago period, worse than analysts had expected. The retailer’s profits were hurt by declining sales in some categories, plus a $150 million one-time charge associated with the planned closing of 11 big-box stores in the United Kingdom.

Total company revenue rose 1.7% to $12.1. Same store sales rose 0.3%.

December 1, 2011

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 30, 2011

American Eagle Outfitters Inc. reported that its third-quarter net income increased 59%, helped by a year-ago charge.

Pittsburgh -- American Eagle Outfitters Inc. reported that its third-quarter net income increased 59%, helped by a year-ago charge. The chain posted fourth-quarter guidance that was above Wall Street expectations.

For the August-October quarter, the company said net income was $52.4 million, compared with $33 million in the same period last year. Analysts expected 26 cents per share.

Revenue rose 11% to $831.8 million, from $751.5 million last year. Analysts expected $820.3 million. Same-store sales rose 5%, as did online revenue.

November 22, 2011

Discounter Fred's Inc. reported that profit for the third quarter rose 16% to $9 million, compared with $7.8 million a year earlier.

Memphis, Tenn. -- Discounter Fred's Inc. reported Tuesday that profit for the third quarter rose 16% to $9 million, compared with $7.8 million a year earlier.

Revenue increased 2% to $444.4 million from $435 million last year, missing Wall Street’s expected $446.5 million in revenue.

Same-store sales rose 1.5%.

November 17, 2011

Hot Topic Inc. reported Wednesday that profit rose to $3.1 million in the quarter ended Oct. 29, compared with $400,000 in the year-ago period.

City of Industry, Calif. -- Hot Topic Inc. reported Wednesday that profit rose to $3.1 million in the quarter ended Oct. 29, compared with $400,000 in the year-ago period. Prior-year results were weighed down by charges from its ShockHound website, which folded.

Revenue fell 4% to $175.8 million from $183.2 million in the quarter, missing Wall Street’s expected $177.8 million in revenue.

Same-store sales dipped 1.6% at Hot Topic and Torrid stores, attributed to disappointing Halloween sales.
 

September 13, 2011

Neiman Marcus Group reported a fiscal fourth-quarter loss on debt-related expense and slightly lower margins, even as its revenue rose 11%.

Dallas -- Neiman Marcus Group reported a fiscal fourth-quarter loss on debt-related expense and slightly lower margins, even as its revenue rose 11%.

For the quarter ended July 30, Neiman Marcus lost $61.4 million, compared with a year-earlier loss of $32.8 million. Excluding a $42.7 million after-tax loss on debt extinguishment, the adjusted loss was $18.7 million. Gross margin narrowed to 30.5% from 30.9%.

August 30, 2011

Barnes & Noble said Tuesday it narrowed its net loss in its fiscal first quarter as sales of its Nook e-book reader and e-books helped offset lower physical book sales.

New York City -- Barnes & Noble said Tuesday it narrowed its net loss in its fiscal first quarter as sales of its Nook e-book reader and e-books helped offset lower physical book sales. The chain, which recently received a $204 million investment from former suitor Liberty Media, said sales of Nooks, e-books and magazines and other digital content and accessories, rose 140% to $227 million during the quarter.

August 2, 2011

Coach reported Tuesday that net income for the fourth quarter rose 4% to $202.5 million, compared with $195.5 million in the year-ago period.

New York City -- Coach reported Tuesday that net income for the fourth quarter rose 4% to $202.5 million, compared with $195.5 million in the year-ago period.

Revenue surged 9% to $1.03 billion, edging Wall Street estimates. Same-store sales rose 10.1% in North America.

Coach’s performance is in line with overall strength in the luxury category. During the recessionary onslaught, the company pushed sales of handbags priced under $300, but said its average retail price of handbags is now inching back up.

June 17, 2011

Kroger Co. reported double-digit jumps in first-quarter revenue and net income, as the chain's fuel stations and loyalty discounts helped draw more frequent shoppers.

New York City -- Kroger Co. reported double-digit jumps in first-quarter revenue and net income, as the chain's fuel stations and loyalty discounts helped draw more frequent shoppers.

Kroger said net income rose to $432.3 million, up nearly 16% from $373.3 million, or 58 cents per share, a year ago. Revenue rose 11% to $27.5 billion. Same-sales rose 4.6%, excluding fuel sales.

Kroger has steadily expanded its gas business, now with more than 1,000 store gas stations at its nearly 2,500 stores.
 

June 2, 2011

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.

May 26, 2011

Guess Inc. beat first-quarter revenue expectations, even though it also reported a 15% decline in net income. The company said net income fell to $42.7 million in the quarter ended April 30, compared with $50.3 million in the year-ago period.

Los Angeles — Guess Inc. beat first-quarter revenue expectations, even though it also reported a 15% decline in net income. The company said net income fell to $42.7 million in the quarter ended April 30, compared with $50.3 million in the year-ago period.

Total revenue increased 9.8% to $592.2 million, beating analysts' predictions of $567.7 million. Strength in Asia, where revenue rose 24%, drove the increase. Revenue in Europe also helped, rising 12%. Revenue in North America was the weakest, up 5%.

Same-store sales fell 3.1% in U.S. dollars.

May 25, 2011

Brown Shoe Company Inc., which operates Famous Footwear stores, said Wednesday that its first-quarter earnings tumbled, despite rising revenue caused by higher costs.

St. Louis — Brown Shoe Company Inc., which operates Famous Footwear stores, said Wednesday that its first-quarter earnings tumbled, despite rising revenue caused by higher costs.

The company earned $3.7 million, compared with year-ago earnings of $10 million. Excluding special charges for restructuring and other items, the company earned $7 million.

Revenue rose to $624.6 million from $597.7 million a year earlier. Revenue declined at the company's Famous Footwear and specialty retail operations, but wholesale revenue jumped 27%.

April 28, 2011

Cabela's said Thursday that stronger revenue helped its fiscal first-quarter profit more than double from results weighed down by a hefty charge a year ago.

Sidney, Neb. -- Cabela's said Thursday that stronger revenue helped its fiscal first-quarter profit more than double from results weighed down by a hefty charge a year ago.

The reported net income of $17.8 million in the three months ended April 2, up from $8.1 million a year earlier.

The year-ago period included an $11.9 million charge related to a 2009 FDIC compliance examination.

Revenue increased 5% to $586.7 million, from $559.6 million. Same-store sales rose 8.9%.

April 26, 2011

Coach's third-quarter net income increased 18% amid higher demand in North America, which helped offset an estimated $20 million hit to its revenue from Japan's tsunami and earthquake.

New York City -- Coach's third-quarter net income increased 18% amid higher demand in North America, which helped offset an estimated $20 million hit to its revenue from Japan's tsunami and earthquake. Same-store sales in North America rose 10.3%. Analysts said Coach’s results offered further proof that spending by affluent shoppers is back on track and rising faster than other segments.

Net income rose to $186 million for the three months that ended April 2, up from $157.6 million a year earlier. Revenue rose nearly 15% to $950.7 million.

April 7, 2011

Pier 1 Imports reported Thursday that net income for the quarter ended Feb. 26 surged 65% to $57.1 million, from $34.5 million a year earlier.

Fort Worth, Texas -- Pier 1 Imports reported Thursday that net income for the quarter ended Feb. 26 surged 65% to $57.1 million, from $34.5 million a year earlier.
 
The home décor retailer cited improving sales, cost control efforts and strong merchandise margins for the substantial improvement.

Pier 1 also announced a three-year growth plan that includes investing $200 million of capital into its operations and starting a $100 million share buyback.

March 15, 2011

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.

March 8, 2011

Dick's Sporting Goods said Tuesday its net income increased 30% in the fourth quarter on improving revenue.

Pittsburgh -- Dick's Sporting Goods said Tuesday its net income increased 30% in the fourth quarter on improving revenue.

The sporting goods retailer reported net income of $87.5 million in the quarter ended Jan. 29, from $67.4 million last year.

March 4, 2011

Genesco said Friday that its net income rose 19%, boosted by acquisitions and higher revenue from its stores.

Nashville, Tenn. -- Genesco said Friday that its net income rose 19%, boosted by acquisitions and higher revenue from its stores.

Net income rose 19% to $30.9 million, from $25.9 million in the prior-year period. Revenue rose 17% to $560.5 million, from $479 million. Analysts expected revenue of $539.8 million.

Same-store sales were up 9%.

For the full year, net income rose 85% to $53.2 million. Revenue rose 14% to $1.79 billion, from $1.57 billion.

March 1, 2011

PetSmart's fourth-quarter net income rose 20%, helped by more customer transactions and a strong holiday season.

Phoenix -- PetSmart's fourth-quarter net income rose 20%, helped by more customer transactions and a strong holiday season.

The chain's net income rose to $90.3 million from $75 million in the same period last year. Revenue rose 8% to $1.52 billion. Same-store sales were up 6.3 %.

For the year, net income increased 21% to $239.9 million. Revenue rose 6% to $5.04 billion.

February 25, 2011

Target Corp. said its annual sales may top $100 billion within the next seven years, with revenue boosted by its first expansion outside the United States, Bloomberg reported.

New York City -- Target Corp. said its annual sales may top $100 billion within the next seven years, with revenue boosted by its first expansion outside the United States, Bloomberg reported.

The chain also may double earnings per share over that period, CFO Douglas Scovanner said Thursday on a conference call after fourth-quarter results. Net income in the period ended Jan. 29 rose 11% to $1.04 billion.

February 24, 2011

Kohl's Corp. reported Thursday that its fourth quarter net earnings rose 14% and the board authorized the first dividend in the company's history.

Menomonee Falls, Wis. -- Kohl's Corp. reported Thursday that its fourth quarter net earnings rose 14% and the board authorized the first dividend in the company's history. But the chain said consumers will remain cautious in 2011 and gave a full-year earnings forecast below Wall Street’s expectations.

Kohl’s said that income the quarter ended Jan. 29 increased to $493 million from $431 million a year earlier, slightly ahead of predictions. Revenue rose 6% to $6.04 billion from $5.68 billion, in line with projections.

November 24, 2010

Guess said its fiscal third-quarter net income rose 7.8% to $69.1 million from $64.1 million a year ago, surpassing analysts forecasts.

Los Angeles -- Guess said its fiscal third-quarter net income rose 7.8% to $69.1 million from $64.1 million a year ago, surpassing analysts forecasts. The company lifted its full-year earnings forecast.

Revenue for the quarter ended Oct. 30 rose 17% to a record $613.9 million, also topping predictions, with a strong boost from international sales.

The company's retail stores in North America generated revenue of $253.7 million in the third quarter, up 5.9% from the same period a year ago. Same-store sales increased 1.5%.