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Earnings Highlights: Bed Bath & Beyond, Constellation Brands, Family Dollar, Lennar, Sonic ...

Here are some highlights from this past week's earnings coverage on BloggingStocks:

  • Ark Restaurants Corp. (ARKR) shares declined after Q4 earnings fell short of consensus expectations.
  • Azz Inc. (AZZ) Q3 net income fell more than expected but the company reaffirmed its earnings outlook.
  • Bed Bath & Beyond Inc. (BBBY) reported strong Q3 results, sending shares to a new 52-week high.
  • Best Buy Inc. (BBY) declined to lift its earnings forecast despite strong December sales, send shares lower.
  • Constellation Brands Inc. (STZ) lower Q3 earnings topped expectations and revenue declined as well.

Continue reading Earnings Highlights: Bed Bath & Beyond, Constellation Brands, Family Dollar, Lennar, Sonic ...

Ark Restaurants Falls After Disappointing Q4 Results

Shares of Ark Restaurants Corp. (ARKR) opened lower Monday after the New York-based operator of chic restaurants and bars in Las Vegas, New York and Washington DC reported on New Year's Eve that its fourth-quarter earnings fell short of the consensus expectations of analysts polled by Thomson Reuters.

For the quarter that ended October 3, 2009, Ark posted total revenue of $33.3 million. That was down from $34.6 million in the comparable period of last year, but topped the $32.8 million consensus estimate. For the full year, revenue came to $115.0 million, compared to $125.4 million a year ago.

Continue reading Ark Restaurants Falls After Disappointing Q4 Results

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