Macy’s Earnings Swing to Profit, Top Expectations

Department store operator Macy’s reported a third-quarter profit, with earnings topping Wall Street expectations due in part to a move toward tailored local offerings and the return of upscale customers to its Bloomingdale’s st…

Week in Preview: Here Come Retail Earnings

The first of the major retailers will report quarterly earnings this week. Analysts expect to see strong results from Macy’s and Penney, but flat earnings from Kohl’s. Agilent may be one of this week’s biggest earnings gainers….

Hasbro Reports Third-Quarter Earnings of $1.09 Per Share

Hasbro Inc (HAS) reported third-quarter earnings of $1.09 per share, compared with 99 cents per share a year earlier.

Net revenue rose 3% to $1.31 billion, the toymaker said in a statement. Absent the negative impact of foreign exchange movements, and revenue was up 4%.

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The company saw growth in its preschool, boys and games & puzzles categories.

“Innovation across Hasbro’s…

Continue reading Hasbro Reports Third-Quarter Earnings of $1.09 Per Share

Hasbro Reports Third-Quarter Earnings of $1.09 Per Share originally appeared on DailyFinance on Mon, 18 Oct 2010 07:16:00.

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Costco Earnings Rise on Overseas Strength

Costco

Costco Wholesale Corp (COST) reported earnings of 97 cents per diluted share for the quarter ended Aug. 29, compared with 85 cents per diluted share a year earlier.

Net sales rose to $23.59 billion, from $21.89 billion a year earlier, the company said in a statement. Comparable sales rose 6% from a year earlier, driven by strong international growth.

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Earnings for the full year were…

Continue reading Costco Earnings Rise on Overseas Strength

Costco Earnings Rise on Overseas Strength originally appeared on DailyFinance on Wed, 06 Oct 2010 06:29:00.

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