BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Pier 1 Soars Following Earnings Report]]>http://www.bloggingstocks.com/2010/04/08/pier-1-soars-following-earnings-report/http://www.bloggingstocks.com/2010/04/08/pier-1-soars-following-earnings-report/http://www.bloggingstocks.com/2010/04/08/pier-1-soars-following-earnings-report/#commentsFiled under: , , , ,

Pier 1 Fourth Quarter Earnings ReportShares of home furnishings retailer Pier 1 Imports (PIR) traded sharply higher after the release of its fourth quarter earnings report. Shares gained over 16% and rose to a new 52-week high.

As we noted in our earnings preview, analysts were expecting to see the company post earnings of $0.32 per share. Excluding one time items, the company reported earnings in-line analyst estimates, and higher than the $0.29 that the company had forecast back in March.

Continue reading Pier 1 Soars Following Earnings Report

Pier 1 Soars Following Earnings Report originally appeared on BloggingStocks on Thu, 08 Apr 2010 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>earningsearnings reportsEarningsReportshome furnishingsHomeFurnishingsnew highsNewHighsPier 1 importsPier1ImportsPIRretailersThu, 08 Apr 2010 15:00:00 EST<![CDATA[Oracle Tops Analyst Estimates]]>http://www.bloggingstocks.com/2010/03/25/oracle-tops-analyst-estimates/http://www.bloggingstocks.com/2010/03/25/oracle-tops-analyst-estimates/http://www.bloggingstocks.com/2010/03/25/oracle-tops-analyst-estimates/#commentsFiled under: , , , , ,

orcl earnigns reportThis afternoon tech giant Oracle Corporation (ORCL) reported its fiscal third quarter numbers, and as analysts expected it was a strong quarter for the California based company, which easily outpaced analyst estimates.

As we noted in our Oracle earnings preview, analysts had been expecting to see the company post earnings of $0.35 per share. The company's actual earnings came in at $0.38 per share, excluding one-time items.

Continue reading Oracle Tops Analyst Estimates

Oracle Tops Analyst Estimates originally appeared on BloggingStocks on Thu, 25 Mar 2010 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>after hoursAfterHoursearningsearnings reportsEarningsReportsfeaturedinthenewsOracleORCLtechtechnologyThu, 25 Mar 2010 17:30:00 EST<![CDATA[Amazon Trades Lower Despite Topping Estimates for Third Quarter]]>http://www.bloggingstocks.com/2010/01/28/amazon-trades-lower-despite-topping-estimates-for-third-quarter/http://www.bloggingstocks.com/2010/01/28/amazon-trades-lower-despite-topping-estimates-for-third-quarter/http://www.bloggingstocks.com/2010/01/28/amazon-trades-lower-despite-topping-estimates-for-third-quarter/#commentsFiled under: , , , , , ,

Amazon Fourth Quarter EarningsShares of e-commerce giant Amazon.com, Inc. (AMZN) are trading lower in after hours trading despite posting better than expected earnings this afternoon for its fourth quarter.

Going into this afternoon's earnings release, analysts were expecting to see Amazon show earnings of 72 cents per share, on revenues of $9.04 billion in revenues.

Continue reading Amazon Trades Lower Despite Topping Estimates for Third Quarter

Amazon Trades Lower Despite Topping Estimates for Third Quarter originally appeared on BloggingStocks on Thu, 28 Jan 2010 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aaplamazonamznapplee-commerceearningsearnings reportsEarningsReportsfeaturedgood newsGoodNewsinternetipadkindlemajor movementMajorMovementonlineonline bookstoresOnlineBookstorestechThu, 28 Jan 2010 18:00:00 EST<![CDATA[McDonald's Posts Better Than Expected Earnings]]>http://www.bloggingstocks.com/2010/01/22/mcdonalds-posts-better-than-expected-earnings/http://www.bloggingstocks.com/2010/01/22/mcdonalds-posts-better-than-expected-earnings/http://www.bloggingstocks.com/2010/01/22/mcdonalds-posts-better-than-expected-earnings/#commentsFiled under: ,

Fast food giant McDonald's (MCD) reported its fourth quarter numbers this morning. The company was able to outpace analyst estimates, pushing shares higher in premarket trading.

The world's biggest fast-food chain earned $1.22 billion, or $1.11 per share, 23% more than last year's profit of $985.3 million, or 87 cents per share. But the results included a one-time benefit of 8 cents per share.

Continue reading McDonald's Posts Better Than Expected Earnings

McDonald's Posts Better Than Expected Earnings originally appeared on BloggingStocks on Fri, 22 Jan 2010 09:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>earningsearnings reportsEarningsReportsfast foodFastFoodinthenewsMCDMcDonaldsrestaurantsFri, 22 Jan 2010 09:20:00 EST<![CDATA[Intel Options Active Ahead of Earnings]]>http://www.bloggingstocks.com/2010/01/12/intel-options-active-ahead-of-earnings/http://www.bloggingstocks.com/2010/01/12/intel-options-active-ahead-of-earnings/http://www.bloggingstocks.com/2010/01/12/intel-options-active-ahead-of-earnings/#commentsFiled under: , ,

Alcoa Inc. (AA) kicked off earnings season last night -- with mixed results -- but Intel Corp. (INTC) will mark the unofficial beginning of the tech earnings season when it reports after the close on Thursday. Analysts are expecting per-share earnings of 30 cents, a wide improvement over the fourth quarter of 2008, when Intel banked four cents per share.

Although January options do not expire until Friday (the day after Intel reports), some option traders chose to scoop up call positions in the February series during Monday's trading. These later-dated options provide a little more time value and a few more weeks for Intel to make a move.

Continue reading Intel Options Active Ahead of Earnings

Intel Options Active Ahead of Earnings originally appeared on BloggingStocks on Tue, 12 Jan 2010 10:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>call buyingCallBuyingearnings reportsEarningsReportsfeaturedintcinteloptions tradingOptionsTradingTue, 12 Jan 2010 10:40:00 EST<![CDATA[Nike Jumps on Stronger Than Expected Earnings]]>http://www.bloggingstocks.com/2009/12/17/nike-jumps-on-stronger-than-expected-earnings/http://www.bloggingstocks.com/2009/12/17/nike-jumps-on-stronger-than-expected-earnings/http://www.bloggingstocks.com/2009/12/17/nike-jumps-on-stronger-than-expected-earnings/#commentsFiled under: , , , , , , , ,

Shares of athletic giant Nike, Inc. (NKE) are trading sharply higher after hours, following reporting better than expected earnings for its fiscal second quarter.

As we noted in our earnings preview, analysts had been expecting the company to show earnings of 71 cents per share, but the company outpaced these estimates with a reported 76 cents during the quarter, on revenues of $4.4 billion.

Continue reading Nike Jumps on Stronger Than Expected Earnings

Nike Jumps on Stronger Than Expected Earnings originally appeared on BloggingStocks on Thu, 17 Dec 2009 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>athleticsearningsearnings reportsEarningsReportsNikeNKEsportsTiger WoodsTigerWoodsThu, 17 Dec 2009 18:00:00 EST<![CDATA[Best Buy cut by analysts following earnings report]]>http://www.bloggingstocks.com/2009/12/16/best-buy-cut-by-analysts-following-earnings-report/http://www.bloggingstocks.com/2009/12/16/best-buy-cut-by-analysts-following-earnings-report/http://www.bloggingstocks.com/2009/12/16/best-buy-cut-by-analysts-following-earnings-report/#commentsFiled under: , ,

On Tuesday, electronics retailer Best Buy (BBY) released third-quarter results, topping the Street's forecast along with raising guidance for the current fourth quarter. As a result, the stock fell more than 8%. Wait, what? Best Buy crushed the Street's estimate, reporting earnings of 53 cents per share when 43 cents per share was expected; reported increased sales of $12.02 billion, topping expectations for $11.98 billion; and upped its full-year earnings and revenue guidance to a range of $49 billion to $49.5 billion from $48 billion to $49 billion -- so why did the stock plunge?

Best Buy executives noted that profit margins would fall, thanks to shoppers buying more low-margin items like "cheap notebook computers and entry-level flat panel digital TVs." This strategy bothers some analysts, as Anthony Chukumba with FTN Equity Capital Markets noted that, "Best Buy is managing its business for gross margin dollars not the gross margin rate."

Continue reading Best Buy cut by analysts following earnings report

Best Buy cut by analysts following earnings report originally appeared on BloggingStocks on Wed, 16 Dec 2009 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BBYBest BuyBestBuyearningsearnings reportsEarningsReportsinthenewsretailretail earningsRetailEarningsWed, 16 Dec 2009 09:00:00 EST<![CDATA[BJ Wholesale reports second-quarter earnings]]>http://www.bloggingstocks.com/2009/08/19/bj-wholesale-reports-second-quarter-earnings/http://www.bloggingstocks.com/2009/08/19/bj-wholesale-reports-second-quarter-earnings/http://www.bloggingstocks.com/2009/08/19/bj-wholesale-reports-second-quarter-earnings/#commentsFiled under: ,

Retailer BJ's Wholesale Club (NYSE: BJ) stepped into the earnings spotlight this morning, reporting second-quarter earnings of 64 cents per diluted share. A year ago, BJ reported net income of 61 cents per diluted share, including three cents per share from favorable state income tax audit settlements.

During the first half of 2009, BJ raked in $1.09 per diluted share compared to 90 cents per diluted share a year ago. Quarterly sales slipped slightly more than 5% to $2.5 billion on a year-over-year basis, but the bulk retailer did forecast full-year sales to increase 0.5% to 1.5%. On the forecast front, BJ now expects full-year earnings between $2.46 and $2.56, which is higher than the previously forecast $2.44 to $2.54.

Continue reading BJ Wholesale reports second-quarter earnings

BJ Wholesale reports second-quarter earnings originally appeared on BloggingStocks on Wed, 19 Aug 2009 08:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BJBJ WholesaleBjWholesaleearningsearnings reportsEarningsReportsinthenewsretailretail earningsretail salesRetailEarningsRetailSalesWed, 19 Aug 2009 08:30:00 EST<![CDATA[Amazon sells off sharply on second quarter numbers]]>http://www.bloggingstocks.com/2009/07/23/amazon-sells-off-sharply-on-second-quarter-numbers/http://www.bloggingstocks.com/2009/07/23/amazon-sells-off-sharply-on-second-quarter-numbers/http://www.bloggingstocks.com/2009/07/23/amazon-sells-off-sharply-on-second-quarter-numbers/#commentsFiled under: , , , , , , ,

amazon amzn second quarter earningsShares of e-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) are selling off sharply this afternoon after disappointing Wall Street with its second quarter numbers.

This afternoon's results shows the company posting a 10% drop in quarterly net profit, as the company was hit by an unfavorable foreign currency translation and legal expenses related to its recent $51 million Toys R Us settlement.

Continue reading Amazon sells off sharply on second quarter numbers

Amazon sells off sharply on second quarter numbers originally appeared on BloggingStocks on Thu, 23 Jul 2009 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AmazonAMZNbad newsBadNewsearningsearnings reportsEarningsReportszapposzappos.comThu, 23 Jul 2009 18:00:00 EST<![CDATA[What are Halliburton's earnings numbers telling us about the economy?]]>http://www.bloggingstocks.com/2009/07/20/what-are-halliburtons-earnings-numbers-telling-us-about-the-eco/http://www.bloggingstocks.com/2009/07/20/what-are-halliburtons-earnings-numbers-telling-us-about-the-eco/http://www.bloggingstocks.com/2009/07/20/what-are-halliburtons-earnings-numbers-telling-us-about-the-eco/#commentsFiled under: , ,

This morning, oil firm Halliburton (NYSE:HAL) posted second-quarter earnings and a warning about North American natural gas markets. First things first, HAL reported second-quarter earnings of 30 cents per share (excluding a $12-million charge stemming from job cuts). While these results were far worse than the 55 cents per share the company earned a year ago, they still managed to top the consensus estimate by four cents per share. The situation was the same for quarterly revenue, which fell to $3.49 billion (from $4.49 billion a year ago) but still managed to outpace the Street's expectations - which called for $3.41 billion.

Continue reading What are Halliburton's earnings numbers telling us about the economy?

What are Halliburton's earnings numbers telling us about the economy? originally appeared on BloggingStocks on Mon, 20 Jul 2009 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>black goldBlackGoldcrude oilCrudeOilearnings reportsEarningsReportsinthenewsnatural gasNaturalGasoiloil inventoriesOilInventoriesMon, 20 Jul 2009 15:00:00 EST<![CDATA[Hasbro (HAS) posts better than expected earnings]]>http://www.bloggingstocks.com/2009/07/20/hasbro-has-posts-better-than-expected-earnings/http://www.bloggingstocks.com/2009/07/20/hasbro-has-posts-better-than-expected-earnings/http://www.bloggingstocks.com/2009/07/20/hasbro-has-posts-better-than-expected-earnings/#commentsFiled under: , , ,

Hasbro second quarter earningsGame and toy maker Hasbro (NYSE: HAS) had its chance to impress Wall Street with its second quarter results Monday morning, and the company indeed did not disappoint, posting stronger than expected earnings.

Spurred by strong sales of G.I. Joe and Transformers toys, the company reported a 5% jump in profit with earnings of 26 cents per share. Going into today's earnings report analysts had expected earnings of just 23 cents per share.

Continue reading Hasbro (HAS) posts better than expected earnings

Hasbro (HAS) posts better than expected earnings originally appeared on BloggingStocks on Mon, 20 Jul 2009 08:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Brian GoldnerBrianGoldnerearnings reportsEarningsReportsg.i. joeG.i.Joegood newsGoodNewshasHasbrointhenewsmoviestoystransformersMon, 20 Jul 2009 08:40:00 EST<![CDATA[Citigroup: what the numbers say about credit cards and mortgages]]>http://www.bloggingstocks.com/2009/07/17/citigroup-what-the-numbers-say-about-credit-cards-and-mortgages/http://www.bloggingstocks.com/2009/07/17/citigroup-what-the-numbers-say-about-credit-cards-and-mortgages/http://www.bloggingstocks.com/2009/07/17/citigroup-what-the-numbers-say-about-credit-cards-and-mortgages/#commentsFiled under: , ,

"This is a great time to be a banker," New York Times columnist Floyd Norris says, somewhat tongue-in-cheek. Jabs about bailouts and huge bonus payments aside, it's true that banking system is finally seeing rational pricing of risk -- and that means earnings power has greatly increased for deposit-taking banks. If you have a savings account or money market, you might have noticed that your interest payments have dried up to a pittance; the interest you aren't being paid is dropping through to banks' bottom lines.

Looking at today's earnings report from Citigroup, Inc. (NYSE: C), for example, is useful to see how the economics of the industry function, and whether Citicorp -- the "good bank" as Citigroup works to split itself -- will live up to the promise CEO Vikram Pandit attributes to it. In a company press release, Pandit said, "Citicorp is our core franchise and will be the source of Citi's long term profitability and growth. Citicorp is unique with institutional and consumer businesses operating on an unmatched global footprint."

Continue reading Citigroup: what the numbers say about credit cards and mortgages

Citigroup: what the numbers say about credit cards and mortgages originally appeared on BloggingStocks on Fri, 17 Jul 2009 15:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bankscitigroupearningsearnings reportsEarningsReportsfinancialsFri, 17 Jul 2009 15:40:00 EST<![CDATA[Johnson & Johnson earnings: More of the same from this blue chip]]>http://www.bloggingstocks.com/2009/07/14/johnson-and-johnson-earnings-more-of-the-same-from-this-blue-chip/http://www.bloggingstocks.com/2009/07/14/johnson-and-johnson-earnings-more-of-the-same-from-this-blue-chip/http://www.bloggingstocks.com/2009/07/14/johnson-and-johnson-earnings-more-of-the-same-from-this-blue-chip/#commentsFiled under: ,

Johnson & Johnson (NYSE: JNJ), the huge producer of pharmaceutical and over-the-counter drugs and consumer healthcare products, reported earnings before the market opened today. Earnings per share for the second quarter of 2009 were $1.15 on $15.2 billion in revenue, compared to the $1.11 average and $1.14 high expected from analysts. The consensus revenue target was $15 billion, so the firm also beat on the top line despite seeing a single-digit percentage drop in revenues from last year.

Similar to consulting firm Accenture (NYSE: ACN), international results were hurt by foreign exchange effects, which offset nearly 4% operational growth overseas. Half of Johnson & Johnson's total revenues for the quarter came from outside the United States. Shares, which are down year-to-date and are underperforming the S&P 500, were up fractionally today in mid-day trading.

Continue reading Johnson & Johnson earnings: More of the same from this blue chip

Johnson & Johnson earnings: More of the same from this blue chip originally appeared on BloggingStocks on Tue, 14 Jul 2009 14:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>earnings reportsEarningsReportsfeautredjnjpharmaceuticalsTue, 14 Jul 2009 14:30:00 EST<![CDATA[Don't believe the headline hype on Alcoa]]>http://www.bloggingstocks.com/2009/07/09/dont-believe-the-headline-hype-on-alcoa/http://www.bloggingstocks.com/2009/07/09/dont-believe-the-headline-hype-on-alcoa/http://www.bloggingstocks.com/2009/07/09/dont-believe-the-headline-hype-on-alcoa/#commentsFiled under: ,

Aluminum producer Alcoa Inc. (NYSE: AA), the first Dow Jones Industrial Component to report earnings, beat estimates when they announced after the bell -- or so the story goes. It continues that this touched off buying interest across the market that had been sorely lacking in prior sessions. There's only one problem: Alcoa's results weren't very good, and they didn't boost the market.

Alcoa opened trading today up more than 5.5% from its close yesterday, before it reported earnings. Going into the final minutes of trading, the stock was down more than 2% -- a tough reversal for those buying on the pop. The company reported a headline EPS of -$0.32, or -$0.26 excluding restructuring charges. This compared to analysts' consensus of -$0.38 on $3.9 billion in revenue.

Continue reading Don't believe the headline hype on Alcoa

Don't believe the headline hype on Alcoa originally appeared on BloggingStocks on Thu, 09 Jul 2009 18:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aaearnings reportsEarningsReportsmetalsminingThu, 09 Jul 2009 18:20:00 EST<![CDATA[KB Home drops amid more losses]]>http://www.bloggingstocks.com/2009/06/26/kb-home-drops-amid-more-losses/http://www.bloggingstocks.com/2009/06/26/kb-home-drops-amid-more-losses/http://www.bloggingstocks.com/2009/06/26/kb-home-drops-amid-more-losses/#commentsFiled under: ,

Shares in homebuilder KB Home (NYSE: KBH) dropped more than 8% as of mid-day Friday following the company's earnings release. Earnings per share for the quarter ending May 31 were a loss of $1.03, or $78.4 million, on $384.5 million in revenue, compared to the $0.64 average loss expected from analysts. The expected earnings range was between a $0.03 and a $1.40 loss, reflecting uncertainty about the writedowns needed on home inventories, land, and joint ventures.

When the housing market was at its peak in 2006, KB Home's sales topped $3 billion in one quarter. The company has struggled since, as the worst housing market in generations has led to a decline in housing starts of more than 75% from the peak to the present.

Continue reading KB Home drops amid more losses

KB Home drops amid more losses originally appeared on BloggingStocks on Fri, 26 Jun 2009 14:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>earnings reportsEarningsReportsfeaturedhousingkbhxhbFri, 26 Jun 2009 14:30:00 EST<![CDATA[Accenture shares rise on earnings beat]]>http://www.bloggingstocks.com/2009/06/25/accenture-shares-rise-on-earnings-beat/http://www.bloggingstocks.com/2009/06/25/accenture-shares-rise-on-earnings-beat/http://www.bloggingstocks.com/2009/06/25/accenture-shares-rise-on-earnings-beat/#commentsFiled under: ,

Accenture Ltd. (NYSE: ACN), a global consulting firm that also offers outsourcing and technology services, reported earnings after the close today. Earnings per share for the quarter ending May 31 were $0.68 on $5.15 billion in revenue, compared to the $0.64 average and $0.67 high expected from analysts. The consensus revenue target was $5.2 billion, and results were hurt by currency translation effects, which reduced U.S. dollar results by 12%. Year-over-year, EPS was down 8% from the $0.74 earned in the same quarter last year, with the difference again attributable to currency exchange.

Shares, which were up fractionally today, jumped almost 5% in after-hours trading following the earnings results.

Continue reading Accenture shares rise on earnings beat

Accenture shares rise on earnings beat originally appeared on BloggingStocks on Thu, 25 Jun 2009 18:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>accentureacnearnings reportsEarningsReportsoutsourcingThu, 25 Jun 2009 18:10:00 EST<![CDATA[Bed Bath & Beyond on the move after earnings ]]>http://www.bloggingstocks.com/2009/06/25/bed-bath-and-beyond-on-the-move-after-earnings/http://www.bloggingstocks.com/2009/06/25/bed-bath-and-beyond-on-the-move-after-earnings/http://www.bloggingstocks.com/2009/06/25/bed-bath-and-beyond-on-the-move-after-earnings/#commentsFiled under: ,

Bed Bath and BeyondLeading domestics retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) closed more than 9% higher today after the one-two punch of a well-received earnings report and a brokerage upgrade. The company announced first-quarter results of 34 cents per share, a whopping nine cents better than analysts were expecting. Revenue edged 2.8% higher year over year. The one gray lining was same-store sales numbers, which drifted 1.6% lower during the reporting period.

Reacting to this after-the-close earnings report, Cowen & Co. upgraded the shares this morning to "neutral" from "underperform." The brokerage noted that BBBY has been able to cut advertising expenses now that its chief competitor, LInens n' Things, has filed for bankruptcy. Cowen also notes that BBBY has reduced its payroll expenses.

Continue reading Bed Bath & Beyond on the move after earnings

Bed Bath & Beyond on the move after earnings originally appeared on BloggingStocks on Thu, 25 Jun 2009 17:50:00 EST. Please see our terms for use of feeds.

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Athletic apparel company Lululemon Athletica Inc. (NASDAQ: LULU) struck a pose in the earnings confessional today, announcing revenue and earnings per share for the fiscal first quarter.

Net revenue jumped 6% to $81.7 million, while same-store sales slipped 8% lower. Profit, meanwhile, fell to $6.5 million, or nine cents per share, down from 12 cents in the year-earlier period but one penny ahead of analysts' estimates.

Continue reading After earnings report, lululemon in downward-dog pose

After earnings report, lululemon in downward-dog pose originally appeared on BloggingStocks on Thu, 11 Jun 2009 17:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>earnings reportsEarningsReportslululululemonThu, 11 Jun 2009 17:30:00 EST<![CDATA[Men's Wearhouse reports first-quarter earnings that top expectations]]>http://www.bloggingstocks.com/2009/06/09/mens-wearhouse-reports-first-quarter-earnings-that-top-expectat/http://www.bloggingstocks.com/2009/06/09/mens-wearhouse-reports-first-quarter-earnings-that-top-expectat/http://www.bloggingstocks.com/2009/06/09/mens-wearhouse-reports-first-quarter-earnings-that-top-expectat/#commentsFiled under:

Men's Wearhouse (NYSE: MW) reported first-quarter results after the close Monday. Earnings dropped 47% compared to a year ago. Although earnings contracted due to fewer customers, cost-cutting measures helped the company top the consensus estimate and forecast solid second-quarter earnings.

First-quarter earnings checked in at 10 cents per share for the quarter, down from 19 cents per share a year ago but far better than the Street's forecast loss of a penny per share. Quarterly sales dropped 6% to $464.1 million from $491.1 million a year ago, as clothing product sales dropped 7.6%. Nevertheless, sales topped the consensus estimate of $459.3 million.

Continue reading Men's Wearhouse reports first-quarter earnings that top expectations

Men's Wearhouse reports first-quarter earnings that top expectations originally appeared on BloggingStocks on Tue, 09 Jun 2009 09:31:00 EST. Please see our terms for use of feeds.

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Ross Stores Quarterly EarningsShares of discount retailer Ross Stores, Inc. (NASDAQ: ROST) have been soaring today after the company reported strong first quarter numbers, and raised its future guidance.

It is no secret that shoppers are looking for bargain deals these days, and that trend resulted in a 3% jump in same store sales for Ross, and a 15% jump in its first quarter earnings. The company's earnings came in at 72 cents per share, which was in line with analyst estimates, and its revenues were above what Wall Street was looking to see.

Continue reading Ross Stores soars on first quarter results

Ross Stores soars on first quarter results originally appeared on BloggingStocks on Thu, 21 May 2009 17:00:00 EST. Please see our terms for use of feeds.

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