Tag Archives: Gross margin

WestPoint Has Break-Even Q2

WestPoint

NEW YORK-WestPoint Home posted a break-even second quarter, the first time it has not posted a quarterly loss for some years, compared to a net loss of $3 million in last year’s second quarter. Net sales in the quarter, which ended on June 30, totaled $46 million, a decrease of 8 percent. However, gross marginMore »

Lifetime Brands Q2 Net Loss Hits $3.2 Million

Lifetime Brands

GARDEN CITY, N.Y.-Lower gross margin and increased expenses led Lifetime Brands to a second-quarter net loss of $3.2 million, compared to a net loss of $568,000 in the second quarter of last year. Gross margin in the quarter, which ended on June 30, was down 207 basis points to 35.42 percent—the result, according to LifetimeMore »

hhgregg Q1 Loss Grows as Sales Fall

hhgregg

INDIANAPOLIS-The first-quarter net loss for hhgregg increased from $1.3 million last year to $10.3 million this year, as the specialty retailer’ sales fell by double digits. Net sales in the quarter, which ended on June 30, dropped 10 percent to $472.3 million, primarily due to the decrease of 10.2 percent in same-store sales. Computers andMore »

Newell Rubbermaid Q2 Net Climbs 37.2 Percent

Newell Rubbermaid

ATLANTA-In what Michael Polk, president and CEO, described as “very strong second-quarter results across all key metrics,” Newell Rubbermaid posted second-quarter net income of $150.6 million, up 37.2 percent from the second quarter of last year. Net sales in the quarter, which ended on June 30, gained 3.1 percent to finish at $1.5 billion. TheMore »

Libbey Sales Up, Income Loss in Q2

Libbey

TOLEDO, Ohio-Libbey’s second quarter sales grew 6.5 percent, to $223.5 million. Yet a loss of $47.2 million on redemption of debt led the company to red ink in its fiscal second quarter, which ended on June 30, to the tune of $25.2 million, compared to net income of $12.4 million in the second quarter ofMore »

SodaStream Q2 Net Falls 55.8 Percent

SodaStream_2014

AIRPORT CITY, Israel-Rising expenses and reduced margins cut deeply into SodaStream’s second-quarter net income, which dropped 55.8 percent to $11 million. Total operating expenses rose 10.9 percent in dollars and 300 basis points as a percentage of sales, to 46.1 percent. Part of this increase came from higher selling expenses as a result of SodaStream’sMore »

Amazon.com Q2 Net Loss Reached $126 Million

Amazon.com

SEATTLE-Substantial increases in expenses offset a significant gain in sales to send Amazon.com’s net loss to $126 million in its fiscal second quarter, compared to a net loss of $7 million in the second quarter of last year. Total operating expenses jumped 23.9 percent in dollars and 57 basis points as a percentage of sales,More »

Ethan Allen Doubles Q4 Net; FY Net Rises 32.2 Percent

Ethan Allen

DANBURY, Conn.-Sales gains in both of its divisions and controlled expenses helped Ethan Allen to a 108.5 percent jump in fourth-quarter net income, to $17.1 million. For the fiscal year ending on June 30, the company posted a net-income gain of 32.2 percent to $42.9 million. Net sales in the quarter climbed 9.1 percent toMore »