March 3, 2004 |
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.
November 16, 2006 |
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.
May 20, 2005 |
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.
November 19, 1998 |
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.
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.
CALIFORNIA | LOCAL
June 10, 2008 |
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.