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BUSINESS
March 16, 2006
* Gymboree Corp. of San Francisco reported fiscal fourth-quarter net income of $20.4 million, or 61 cents a share, compared with a loss of $811,000, or 3 cents, a year earlier. Sales jumped 17% to $206.4 million.
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CALIFORNIA | LOCAL
June 10, 2008 | From Times Staff and Wire Reports
Stuart Moldaw, 81, who founded the Ross Dress for Less retail clothing chain and was a leading philanthropist in the San Francisco Bay Area, died May 24 from cancer in Atherton, Calif. Moldaw saw a niche in the affordable clothing market and started Ross, now one of the country's leading "off-price" retailers, in the early 1980s. The chain began with six stores in the Bay Area and now has more than 900 locations in 27 states. He was also a co-founder of U.S. Venture Partners, a Menlo Park, Calif.
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BUSINESS
February 16, 2000
* Gymboree Corp.'s top two executives resigned as the children's clothing company reported a loss and bigger-than-expected drop in sales for the fourth quarter. The Burlingame, Calif.-based company named Chairman Stuart Moldaw to replace resigning President Gary White and Chief Executive Melanie Cox.
BUSINESS
May 24, 2007 | From Times Wire Services
Gymboree Corp. said first-quarter net income climbed 17% to $20.9 million, or 67 cents a share. Profit a year earlier at the San Francisco company was $17.9 million, or 53 cents. Sales rose 13% to $206.7 million. Hot Topic Inc. posted a first-quarter net loss of $0.8 million, or 2 cents a share, compared with a net loss of $1.4 million, or 3 cents, a year earlier. Sales at the City of Industry company rose 2% to $157.3 million.
BUSINESS
November 12, 1998
* Gymboree Corp., a Burlingame-based maker and retailer of children's apparel and accessories, as expected reported a net loss for the quarter ended Oct. 31 of $300,000, or 1 cent per share, on revenue of $113 million, contrasted with net income of $10.9 million, or 44 cents, on revenue of $101.1 million last year.
BUSINESS
March 3, 2004 | From Reuters
Children's clothing retailer Gymboree Corp. said fourth-quarter earnings rose slightly, helped by strong performance in its boys business. Gymboree said it earned $11.2 million, or 36 cents a share, up from $10.6 million, or 35 cents, a year earlier. Sales from retail operations rose 11% during the quarter to $171.8 million. Shares of Burlingame, Calif.-based Gymboree rose 29 cents to $15.96 on Nasdaq.
BUSINESS
November 16, 2006 | From the Associated Press
Gymboree Corp. said third-quarter profit jumped 56% as sales surged, but it forecast fourth-quarter profit below Wall Street expectations. The San Francisco company earned $17.4 million, or 53 cents a share, up from $11.1 million, or 35 cents, last year. Revenue rose 22% to $215.6 million. The company took a charge of $10.2 million, or 19 cents a share, for the closure of its Janeville division.
BUSINESS
May 20, 2005 | From Bloomberg News
Shares of Gymboree Corp., which sells children's clothing, rose 17% after the company boosted its 2005 forecast. Profit from continuing operations will be 43 cents to 53 cents a share in 2005, San Francisco-based Gymboree said in a statement released after the close of regular trading Wednesday. It had previously forecast profit of 40 cents to 50 cents. Gymboree said first-quarter net income fell to $5.52 million, or 18 cents a share, from $9.23 million, or 29 cents, in the year-earlier period.
BUSINESS
February 14, 1997 | Times Staff and Wire Reports
Gymboree Corp. said Nancy Pedot, president and chief executive, resigned and will be replaced by Gary White, who is chief operating officer. The company, which operates children's clothing stores, also said it expects its earnings for its fiscal fourth quarter ended Feb. 2 to come within the range of analysts' estimates. They range from 37 cents to 40 cents a share, based on a survey of four analysts by IBES International Inc. Gymboree shares rose 6 cents to close at $23.06 on Nasdaq.
BUSINESS
August 19, 2005 | From Times Wire Services
Gymboree Corp. said its second-quarter loss narrowed from a year earlier, but it forecast third-quarter earnings from continuing operations below Wall Street analysts' average estimate. Shares of the San Francisco-based children's apparel retailer company lost 97 cents to $15.68 in after-hours trading after slipping 36 cents to $16.65 in regular trading.
BUSINESS
November 16, 2006 | From the Associated Press
Gymboree Corp. said third-quarter profit jumped 56% as sales surged, but it forecast fourth-quarter profit below Wall Street expectations. The San Francisco company earned $17.4 million, or 53 cents a share, up from $11.1 million, or 35 cents, last year. Revenue rose 22% to $215.6 million. The company took a charge of $10.2 million, or 19 cents a share, for the closure of its Janeville division.
BUSINESS
March 16, 2006
* Gymboree Corp. of San Francisco reported fiscal fourth-quarter net income of $20.4 million, or 61 cents a share, compared with a loss of $811,000, or 3 cents, a year earlier. Sales jumped 17% to $206.4 million.
BUSINESS
November 17, 2005 | From Associated Press
Children's retailer Gymboree Corp. said Wednesday that third-quarter earnings tripled on strong sales growth. Gymboree earned $12.6 million, or 39 cents a share, up from $4.2 million, or 13 cents, a year earlier. Revenue grew 14% to $177.1 million. Sales at stores open at least a year rose 10%. Analysts surveyed by Thomson Financial expected earnings of 37 cents a share on sales of $176 million.
BUSINESS
August 19, 2005 | From Times Wire Services
Gymboree Corp. said its second-quarter loss narrowed from a year earlier, but it forecast third-quarter earnings from continuing operations below Wall Street analysts' average estimate. Shares of the San Francisco-based children's apparel retailer company lost 97 cents to $15.68 in after-hours trading after slipping 36 cents to $16.65 in regular trading.
BUSINESS
May 20, 2005 | From Bloomberg News
Shares of Gymboree Corp., which sells children's clothing, rose 17% after the company boosted its 2005 forecast. Profit from continuing operations will be 43 cents to 53 cents a share in 2005, San Francisco-based Gymboree said in a statement released after the close of regular trading Wednesday. It had previously forecast profit of 40 cents to 50 cents. Gymboree said first-quarter net income fell to $5.52 million, or 18 cents a share, from $9.23 million, or 29 cents, in the year-earlier period.
BUSINESS
November 17, 2004 | From Reuters
Children's apparel retailer Gymboree Corp. said Tuesday that its third-quarter earnings fell sharply as fierce competition with rivals forced it to cut prices, which bit into profit margins. Net income for the quarter ended Oct. 30 was $5.5 million, or 18 cents a share. In the year-earlier period, Gymboree earned $8.3 million, or 27 cents.
BUSINESS
November 17, 2004 | From Reuters
Children's apparel retailer Gymboree Corp. said Tuesday that its third-quarter earnings fell sharply as fierce competition with rivals forced it to cut prices, which bit into profit margins. Net income for the quarter ended Oct. 30 was $5.5 million, or 18 cents a share. In the year-earlier period, Gymboree earned $8.3 million, or 27 cents.
BUSINESS
November 19, 1998 | GEORGE WHITE, TIMES STAFF WRITER
Gymboree Corp., which operates stores for infants and young children, will graduate to the preteen apparel market and challenge GapKids by launching a chain called Zutopia early next year. The Burlingame-based operator of Gymboree and Gym Baby stores has been trying to develop an apparel store concept for older children but had not announced a name for the chain. Signaling its plans to move forward, the company said Wednesday that it will open 10 Zutopia stores during the first quarter of 1999.
BUSINESS
August 18, 2004 | From Reuters
Children's clothing retailer Gymboree Corp. on Tuesday posted a wider second-quarter loss and said it planned to close its retail operations in Britain and Ireland. For its fiscal second quarter ended July 31, the company posted a net loss of $3.2 million or 10 cents a share, compared with a loss of $1.1 million, or 4 cents a share, a year earlier. Gymboree, based in Burlingame, Calif., had forecast a second-quarter loss of 10 cents or 11 cents a share.
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