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Revenue in Calvin Klein licensing biz relatively flat at PVH
...or year’s fourth quarter GAAP earnings per share was $0.55. GAAP revenue was $577.8 million, a decrease of 1% compared to the prior year’s fourth quarter of $584.5 million. For the year 2008: • earnings per share excluding restructuring items was $2.95. GAAP earnings per share was $1.76, which included $99.3 million of pre-tax costs related to restructuring items. For the prior year, GAAP earnings... |
Tiffany enjoys successful launches of new products
... July 31, 2009. Sales and net earnings were below last year but exceeded expectations, and management increased its outlook for the full year accordingly.Michael J. Kowalski, chairman and chief executive officer, said, "While economic and retail conditions remain challenging, we were encouraged to see many stores achieving either smaller year-over-year rates of sales declines or modest sales growt... |
Disney to acquire Marvel in $4 billion deal
...t 37 times its estimated 2009 earnings, and offers shareholders a 29 percent premium to Friday's closing price. Standard & Poor's reacted by placing Disney's credit rating on its negative watchlist, saying it may need to issue new debt even as earnings stagnate or fall in the recession.But the risk of overpaying did not deter Disney from seeking out a deal to address an area of concern among i... |
SKECHERS Announces Fourth Quarter and Fiscal Year 2008 Financial Results
...f $1.394 billion in 2007. Net earnings for 2008 were $55.4 million versus net earnings of $75.7 million in 2007. For fiscal year 2008, diluted earnings per share were $1.19 based on 46,708,000 weighted average shares outstanding versus diluted earnings per share of $1.63 based on 46,741,000 weighted average shares outstanding in the prior year. Net sales for the fourth quarter of 2008 were $298.1 ... |
Coach details cost saving initiatives
...tain cost reduction measures, earnings per share totaled $0.36. Net income excluding the one-time charge totaled $123 million compared with $162 million, a 24% decline. Including the one-time charge, net income totaled $115 million for the quarter. The company also announced that its Board of Directors has voted to initiate a cash dividend, at an annual rate of $0.30 per share. The first quarterly... |
Luxury retailer Neiman Marcus sees FY06 sales growth
...er fiscal year 2005.Operating earnings for the fourth quarter totaled $20.7 million, less than half of the $46.8 million in operating earnings for the same period in 2005. Adjusted operating earnings for the fourth quarter totaled $38.5 million, a slight drop from the $40.6 million in operating earnings for fiscal year 2005.Operating earnings for fiscal year 2006 totaled $328.1 million, compared w... |
Liz Claiborne reduces total debt to $744 million
Liz Claiborne Inc announced earnings for the fourth quarter and full year 2008. For the fourth quarter of 2008 and on a GAAP basis, the loss per share from continuing operations was ($8.36) compared to a loss per share from continuing operations of ($4.34) for the fourth quarter of 2007. Adjusted loss per share from continuing operations for the fourth quarter of 2008 was ($0.04) compared to adjus... |
Le Château reports record year-end earnings
...Château Inc reported that net earnings for the 53-week period ended January 31, 2009 increased 18.4% to $38.6 million from $32.6 million for the 52-week period ended January 26, 2008. earnings per share (basic) for the year increased 20.0% to $1.56 per share from $1.30 per share the previous year. earnings before interest, income taxes, depreciation and amortization (EBITDA) for the year increased... |
Q4 sales up double digits at Tiffany
... helped us to generate strong earnings and free cash flow.” Same-store U.S. sales rose 11 percent in the fourth quarter and fell 15 percent for the fiscal year, with sales in the New York flagship store up 22 percent in the fourth quarter but down 15 percent on the year. U.S. branch store sales, meanwhile, were up 8 percent in the fourth quarter but also down 15 percent on the year. Combined ... |
Profit reports push Dow to best July in 20 years
... and fall. Caterpillar Inc.'s earnings for the April-June quarter fell but the company raised its profit forecast for the year. Its stock surged 33.4 percent for the month.earnings reports that fueled the rally often contained a few dark spots, and many companies have been increasing their bottom line by taking a knife to costs. Eventually they will have to bring in more revenue because trimming c... |
Bijou Brigitte shop network grows in first quarter
...fiscal year 2008, the pre-tax earnings totalled EUR 117.4 million (prior year: EUR 121.9 million). Group after-tax profit was a record result in the history of Bijou Brigitte, an increase of 2.8% from EUR 80.3 million to EUR 82.6 million.With EUR 10.29, earnings per share were 3.7% above the prior year’s EUR 9.91.On 15 July 2009 the management board and supervisory board will propose distribution ... |
Wal-Mart's 4Q earnings decline 7.4 percent
...mpany also said first-quarter earnings could miss Wall Street expectations.The Bentonville, Ark.-based discounter earned $3.79 billion, or 96 cents per share in the quarter ended Jan. 31. That compares with $4.096 billion, or $1.02 per share, a year earlier.Analysts surveyed by Thomson Reuters had expected the company to earn 99 cents per share, excluding the after-tax charge for the settlement an... |
Despite Rough Quarter, Nike's at the Top of Its Game
...ently reported second quarter earnings per share of $0.80, up 13% from last year and two cents above the consensus estimate of $0.78 per share. Although some of this growth was due to currency gains and a lower tax rate, Nike is still doing arguably well in an extremely tough macroeconomic environment.Nike is a large, geographically diverse company, so in order to get a real feel for how the Swoos... |
Top-earning celebrities this year according to Forbes
...as came second with estimated earnings of $170 million.3: Steven Spielberg is third with $150 million.4: Madonna took home $110 million this year.4: As did Tiger Woods.6: Jerry Bruckheimer is sixth with $100 million.7: Beyonce is seventh with $87 million.8: Jerry Seinfeld is eighth with $85 million.9: Dr. Phil McGraw is ninth with $80 million.10: Simon Cowell is tenth with $75 million.11: Along wi... |
‘Environment at retail remains challenging’ - K-Swiss President
...uted share, compared with net earnings of $26,423,000, or $0.75 per diluted share, in the prior-year period. Net loss for the six months ended June 30, 2009, was $12,590,000, or $0.36 per diluted share, compared with net earnings of $33,533,000, or $0.95 per diluted share, in the six months ended June 30, 2008. Results for the 2009 periods include a pre-tax non-operating loss of $2.6 million, or $... |
Apparel biz perks up at Baltimore-based retailer
...cond quarter of 2009. Diluted earnings per share for the second quarter of 2009 was $0.03 on weighted average common shares outstanding of 50.6 million compared with $0.03 per share on weighted average common shares outstanding of 50.3 million in the second quarter of the prior year.Second quarter apparel net revenues increased 16.5% to $112.0 million compared with $96.2 million in the same period... |
Cherokee’s net income for Q1 decreases
...r. However, our First Quarter earnings also benefited by approximately $0.04 per diluted share from amended tax returns filed in the First Quarter. Normalizing for all of these adjustments to both periods, the Company estimates that First Quarter diluted EPS would have been $0.46 as compared to $0.49 per share last year. Howard Siegel, President of Cherokee, stated, “Our domestic royalty revenues ... |
Obama, in another first, named "power" celebrity
...ks celebrities based on their earnings and mentions in the media -- after he made $2.5 million last year from his two best-selling books."Obama is hands-down the most famous person in the world," said Lacey Rose of Forbes magazine. "His historic presidential run helped him sell more than a million copies of his books; he landed on many magazine covers.""There is a real interest in him as a preside... |
Amazon.com shares soar on rosy outlook, holiday sales
... posted higher fourth quarter earnings on robust holiday sales, outshining results from other retailers, and forecast first-quarter sales above expectations, pushing its shares 13 percent higher.Amazon's upbeat outlook and sales performance signaled at least temporary relief for investors who have endured a stream of disappointing forecasts from major consumer companies in past weeks, from Wal-Mar... |
Björn Borg sees continues sales & profit growth in weak market
...EK 1.50 (1.42). Fully diluted earnings per share amounted to SEK 1.50 (1.41).Nine-month period January 1 – September 30, 2008• Brand sales increased by 18 percent to SEK 1,869 million (1,584).• The Group’s net sales rose by 11 percent to SEK 395.3 million (355.1).• The gross profit margin was 53.7 percent (53.4).• Operating profit rose by 3 percent to SEK 102.7 million (99.8).• Profit after tax in... |
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