Tag Archives: fiscal year

Hooker Q1 Net Jumps on Higher Sales

Hooker Furniture

MARTINSVILLE, Va.-Rising sales, especially in the casegoods segment, propelled Hooker Furniture to a robust 31.9 percent gain in first-quarter net income, which totaled $2.8 million. Total net sales in the quarter, which ended on May 4, increased 9.1 percent to $61.4 million. Casegoods sales were up 10.1 percent, the result if increased unit volume measuredMore »

Saks Purchase Boosts Hudson’s Bay Q1

Hudson’s Bay

TORONTO-Fueled by its acquisition of Saks, Hudson’s Bay Co. posted net income of C$176 million (about $160.2 million) in its fiscal first quarter, compared to a net loss of C$82 million (about $80.4 million) in last year’s first quarter. The Saks acquisition, which closed last November, also drove Hudson’s Bay’s top line in the quarter,More »

Dollar General Q1 Net Up Slightly

Dollar General

GOODLETTSVILLE, Tenn.-While sales made a healthy gain in the quarter, rising expenses dampened the bottom line for Dollar General, whose net income edged up 1.1 percent to $222.4 million. Net sales totaled $4.5 billion, up 6.8 percent and including a same-store sales increase of 1.5 percent. Rick Dreiling, Dollar General’s chairman and CEO, noted thatMore »

hhgregg Q4, FY Sales Fall

hhgregg

INDIANAPOLIS-hhgregg said it is estimating its fourth-quarter sales to total $538.3 million, 9.9 percent down from the fourth quarter of last year. This would bring its net sales for the fiscal year ending on March 31 to about $2.3 billion, a decrease of about 8 percent from the prior fiscal year. Same-store sales in theMore »

Hudson’s Bay Q4 Net Falls 66.5 Percent

Hudson’s Bay

TORONTO-Increased costs, especially those stemming from its acquisition of Saks, hurt Hudson’s Bay Co.’s bottom line for both the fourth quarter and fiscal year. Net income for the quarter finished at C$29.1 million ($27.2 million, according to the average exchange rate for the quarter), down 66.5 percent from last year’s fourth quarter. The retailer postedMore »

EveryWare Global Posts Q4 Loss, Increased Loss for FY

EveryWare Global

LANCASTER, Ohio-With gross margin off and expenses rising due to restructuring and the recently acquired business in the United Kingdom, EveryWare Global reported a net loss of $14.3 million in its fiscal fourth quarter, compared to net income of $1.1 million for its fourth quarter of last year. For the fiscal year ending on Dec.More »

Burlington Stores’ FY, Q4 Nets Fall

Burlington Stores

BURLINGTON, N.J.-Although the company’s top line picked up momentum in both periods, Burlington Stores posted declines of 36.2 percent and 6.4 percent in fiscal-year and fourth-quarter net income, respectively. Net income for the year totaled $16.2 million, and for the fourth quarter was $63.6 million (the company posted a net loss for the first threeMore »

Lifetime Brands FY, Q4 Net Fall; Acquires La Cafetière

Lifetime Brands

GARDEN CITY, N.Y.-Higher expenses and an increased provision for income taxes slashed Lifetime Brands’ bottom line for both the fiscal year and the fourth quarter, which ended on Dec. 31. Along with announcing its financial results, Lifetime also said it has acquired U.K.-based La Cafetière from The Greenfield Group Limited, including exclusive distribution rights. LaMore »