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Earnings Highlights: Borders, CarMax, LDK Solar, Mosaic, RIM, Rite Aid ...

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

  • Acuity Brands Inc. (AYI) Q2 results were essentially flat but an analyst's upgraded helped boost shares.
  • Borders Group Inc. (BGP) reported strong Q4 earnings due to cost cutting but revenue continued to decline.
  • Cal-Maine Foods Inc. (CALM) received an analyst's downgrade on valuation following release of its Q3 report.
  • CarMax Inc. (KMX) rose to a new 52-week high following better-than-expected Q4 earnings and sales results.
  • Charming Shoppes Inc. (CHRS) posted a smaller-than-expected Q4 net loss and said same-store sales declined.

Continue reading Earnings Highlights: Borders, CarMax, LDK Solar, Mosaic, RIM, Rite Aid ...

A Recap of Charming Shoppes' Fourth-Quarter Earnings

Earlier this morning, Charming Shoppes (CHRS) released its fourth-quarter earnings results -- which perhaps were overshadowed a bit by the glut of tech news. Let's take a look at how the apparel retailer (which includes store brands Lane Bryant, Fashion Bug, Catherines, and Petit Sophisticate Outlet) performed in the last quarter. Sales for the most recent quarter dropped 4% at stores open at least a year. Yes, the company's year-over-year loss wasn't quite as bad, when taking one-time items out of the equation (a 10-cent loss versus expectations for a 13-cent loss) -- but it was the drop in sales that have the shares more than 14% lower this afternoon.

Continue reading A Recap of Charming Shoppes' Fourth-Quarter Earnings

Earnings highlights: Ford, Hormel, Limited Brands, Intuitive Surgical, PetSmart and others

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

Additional earnings highlights:
Home Depot, Gap, Lenovo, Air France, Activision, Suntech and others
Hewlett-Packard, Target, Barnes & Noble, Campbell, Staples and others

Upcoming results to watch for include Borders (NYSE: BGP), Polo Ralph Lauren (NYSE: RL), TiVo (NASDAQ: TIVO), Big Lots (NYSE: BIG), Costco (NASDAQ: COST), Dell (NASDAQ: DELL), HJ Heinz (NYSE: HNZ), Sears (NASDAQ: SHLD), Lions Gate (NYSE: LGF), and Tiffany (NYSE: TIF).

Visit AOL Money & Finance for more earnings coverage.

Wednesday's retail apparel Q1 earnings were mixed

First quarter results for apparel retailers reporting earnings on Wednesday were mixed, as consumers continue to scale back their spending.

Talbots Inc. (NYSE: TLB) first-quarter profit dropped 69% to 3 cents per share, hurt by noncore operations and restructuring charges. Same-store sales fell 9.8% during the quarter, and revenue fell 5% to $542.4 million, which missed the estimates of analysts polled by Thomson Financial. Shares rose 6% Wednesday to $7.88.

Hot Topic Inc. (NASDAQ: HOTT) first-quarter loss widened to 3 cents per share due to a 2.8% drop in same-store sales. Revenue rose 1.1% to $159 million. Analysts had expected a loss of 4 cents per share on $159.3 million in revenue. Shares fell 13 cents, or 2.6%, to $4.84.

Tween Brands Inc. (NYSE: TWB) first-quarter profit declined on a hefty charge, but results still topped Wall Street expectations. Adjusted earnings per share were 21 cents, and revenues rose to $251.7 million. Analysts had expected 16 cents in earnings per share and sales of $242 million. Total same-store sales decreased 1%. Shares fell more than 10% to $19.20, but rebounded 7.5% in after-hours trading.

Continue reading Wednesday's retail apparel Q1 earnings were mixed

Starbucks setting a new trend by promoting movies for a cut of the action?

Yesterday we learned that Starbucks (NASDAQ: SBUX) is taking another shot at the movie promotion business by pushing (for a cut of the action) the National Geographic movie "Arctic Tale." Starbuck's initial effort, last year's "Akeela and the Bee," had indifferent results.

While most of the big releases for 2007 already have commercial tie-ins, I thought about other companies that might make money by offering some targeted marketing. Perhaps

And, as a special subscriber gift offer promotion,

  • The Wall Street Journal (Dow Jones, NYSE: DJ) -- Citizen Kane

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 10:33 AM

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