March 17, 2006 |
Petco Animal Supplies Inc. said Thursday that fiscal fourth-quarter profit rose slightly on stronger sales in its pet services business. Net income for the period ended Jan. 28 was $26.8 million, or 46 cents a share, compared with $26.3 million, or 45 cents, a year earlier. Sales rose 10% to $541.5 million, the San Diego-based retailer said. Sales at stores open at least a year, a key measure of retail health, rose 2% during the quarter.
January 26, 2007 |
Bristol-Myers Squibb Co. reported a fourth-quarter loss Thursday because of special charges and generic competition for its Plavix blood-clot drug, but results beat expectations. The New York-based company said it lost $134 million, or 7 cents a share, compared with a profit of $499 million, or 26 cents a share, a year earlier. Excluding special items, Bristol-Myers earned 19 cents a share. Analysts, on average, expected 16 cents a share, according to Reuters Estimates.
July 26, 2006 |
Amazon.com Inc. on Tuesday reported a 58% drop in second-quarter profit and cut its earnings outlook for the year because of stepped-up investment in its toy business and lower prices on many products. The company's shares fell 11% in after-hours trading. Wall Street has fretted over slowing sales growth and falling margins at Seattle-based Amazon, the Web's second-most popular commerce site behind EBay Inc. A discount shipping program, Amazon Prime, has been costly.
May 8, 2007 |
Musical instrument retailer Guitar Center Inc. posted a better-than-expected quarterly profit as sales rose. First-quarter net income totaled $17.2 million, or 57 cents a share, up from $15.7 million, or 55 cents, a year earlier. Sales climbed 13.5% to $534.5 million. Analysts on average had expected the Westlake Village-based company to earn 49 cents a share on $525.4 million in sales, according to Reuters Estimates. Sales at Guitar Center stores climbed 11% to $339.
February 22, 2007 |
Restaurant chain operator IHOP Corp. reported higher fourth-quarter earnings, helped by franchise restaurant openings. The company forecast 2007 earnings of $2.50 to $2.60 a share, based on expected same-store sales growth of 2% to 4% and the addition of as many as 66 restaurants. Fourth-quarter net income was $10.3 million, or 57 cents a share, compared with $10 million, or 53 cents, a year earlier, the company said.
September 9, 2005 |
Northrop Grumman Corp. said Hurricane Katrina damaged some of its shipbuilding operations and that work delay could negatively affect its 2005 earnings by 6 cents to 12 cents a share. Analysts on average expected the company to earn $4 a share this year, according to Reuters Estimates. The company, based in Century City, said it expected insurance to cover damage costs.
October 19, 2007 |
Metals processor and distributor Reliance Steel & Aluminum Co. said its third-quarter profit slipped 13% because of softer demand for some products and declines in stainless-steel prices. Net income was $93.6 million, or $1.22 a share, compared with $107.5 million, or $1.41, a year earlier, the Los Angeles-based company said. Revenue rose 11% to $1.81 billion. The earnings came in below the average forecast of analysts of $1.34 a share, according to data compiled by Reuters Estimates.
May 4, 2007 |
First American Corp. said Thursday that first-quarter profit rose 24%, but that the housing slowdown could continue to weigh on results in its title insurance unit. The Santa Ana company's net income rose to $83.8 million, or 84 cents a share, from $67.8 million, or 69 cents, a year earlier. Excluding special items, profit per share slipped to 68 cents from 69 cents, First American said. Analysts on average expected profit of 80 cents a share on revenue of $2.
April 12, 2006 |
Callaway Golf Co. warned that profit and revenue would miss Wall Street targets for the first quarter after the golf equipment maker delayed the release of products. The Carlsbad, Calif.-based company said it was expecting earnings per share excluding items of 34 cents to 36 cents on net sales of about $300 million. The company is scheduled to report first-quarter results April 26.
October 12, 2006 |
California Pizza Kitchen Inc. boosted its third-quarter earnings forecast by a penny because of better-than-expected sales at its pizza restaurants. The Los Angeles-based restaurant chain said it expected quarterly earnings to be 33 cents to 34 cents a share, based on a 15% rise in revenue to $142.8 million and a 5.6% rise in same-restaurant sales. California Pizza Kitchen previously had forecast earnings of 32 cents to 33 cents a share for the quarter ended Oct. 1.