A strong performance from Suzanne Collins”Hunger Games’ trilogy wasn’t enough to stave off steep revenue declines at book publisher Scholastic.
Continue reading ‘The Hunger Games’ Can’t Stem Earnings Declines …
Rite Aid Corporation (RAD) announced a quarterly loss of 23 cents per diluted share, compared to a loss of 14 cents per share a year earlier, thanks to refinancing costs and falling revenues.
Revenue for the quarter ending Aug. 28 was $6.2 billion, compared with $6.3 billion a year earlier, the company said in a statement. Same store sales fell 1.5%.
The net loss included a charge…
Continue reading Rite Aid Earnings Highlight Another Rough Quarter
Rite Aid Earnings Highlight Another Rough Quarter originally appeared on DailyFinance on Thu, 23 Sep 2010 08:16:00.
Filed Under: Company News, Economy, Health Care, Retail
Ford earnings are expected to be weaker next year due to higher costs for pensions and materials, according to a research note released Wednesday by Credit Suisse Securities. Forecasts call for pretax income from Ford’s North A…
CarMax Inc (KMX) reported quarterly earnings of 48 cents per share, up from 46 cents per share a year earlier.
Net sales rose 13% to $2.34 billion, from $2.08 billion a year earlier, the company said in a statement. Comparable store used unit sales rose 4%, with total used unit sales rising 5%.
“We are pleased to report another quarter of solid increases in both used and wholesale…
Continue reading CarMax Earnings Rise to 48 Cents Per Share
CarMax Earnings Rise to 48 Cents Per Share originally appeared on DailyFinance on Wed, 22 Sep 2010 08:15:00.
Filed Under: Company News, Earnings, Autos, Retail
General Mills (GIS) reported adjusted diluted earnings for the quarter of 64 cents per share, matching the results form a year earlier.
Net sales grew 1% to $3.53 billion in the first fiscal quarter ended Aug. 29, the company said in a statement. The cost of goods sold included a $72 million increase in mark-to-market value of commodity positions.
General Mills makes foods such…
Continue reading General Mills Reports Quarterly EPS of 64 Cents
General Mills Reports Quarterly EPS of 64 Cents originally appeared on DailyFinance on Wed, 22 Sep 2010 07:55:00.
Filed Under: Company News, Earnings, Green, Retail