Tag Archives: Gross margin

Havertys Net Jumps 42.8 percent in Q4

Havertys

ATLANTA-With its turnaround in full throttle, Havertys ended its fiscal year with increases of 42.8 percent and 116.4 percent in its fourth-quarter and fiscal-year net income, respectively. Net income in the quarter totaled $9.7 million, bringing the bottom line for the year to $32.3 million. Clarence Smith, Havertys’ chairman, president and CEO, called the resultsMore »

Jarden Net Falls in Q4, Fiscal Year

Jarden Corpration

RYE, N.Y.-Despite a record-breaking sales total, Jarden posted a 24 percent drop in fourth-quarter net income, to $37 million. This brought the bottom-total for the housewares giant to $203.9 million, down 16.4 percent, for its fiscal year ending on Dec. 31. Net sales in the quarter reached a record $2.2 billion, up 21.8 percent. ForMore »

Crown Crafts Q3 Net Gains 10.9 Percent

Crown Crafts

GONZALES, La.-Crown Crafts bucked the tough retail economy by turning in double-digit increases in both net income and operating income in its fiscal third quarter, which ended on Dec. 29. Net income rose 10.9 percent to finish the quarter at $1.8 million. The company did not break out selling, general and administrative expenses in itsMore »

Aaron’s Q4, Fiscal-Year Net Plummet

Aaron's

ATLANTA-Ending a difficult year, Aaron’s posted a 38.1 percent drop in fourth-quarter net income to $22.7 million, bringing its full fiscal-year net income to $120.7 million, down 30.3 percent from the prior year. Total revenues for the specialty retailer were down 2 percent to $553.9 million in the quarter, which ended on Dec. 31. ForMore »

Tempur Sealy Net Down for Q4, Fiscal Year

Lifetime Brands

LEXINGTON, Ky.-With the company still meeting expenses for the acquisition of Sealy, which was completed last March, Tempur Sealy reported a 2.7 percent drop in fourth-quarter net income, to $22.9 million, and a decline of 30.7 percent in net income for the fiscal year, which totaled $74 million. The inclusion of Sealy into the companyMore »

Stanley Furniture Q4 Loss Grows—Red Ink for Fiscal Year

Stanley Furniture

HIGH POINT, N.C.-Reflecting the troubled condition of the casegoods industry, Stanley Furniture Co. turned in a fourth-quarter loss of $4.6 million, compared to a net loss of $3 million in the fourth quarter of last year. For the fiscal year ending on Dec. 31, Stanley posted a net loss of $12.6 million, compared to netMore »

Helen of Troy Q3 Net Off 0.5 Percent

HelenOfTroy

EL PASO, Texas-Third-quarter net income for Helen of Troy slipped 0.5 percent to $37.5 million, as sales gained modestly and margin fell. Net sales totaled $380.7 million, up 1.6 percent, in the quarter which ended on Nov. 30. In a conference call to financial analysts yesterday, Gerald Rubin, Helen of Troy chairman, president and CEO,More »

Costco Q1 Net Edges Up 2.2 Percent

Costco

ISSAQUAH, Wash.-With expenses rising faster than sales, Costco reported first-quarter net income of $425 million, up just 2.2 percent from last year’s first quarter. The bottom line felt the impact of reduced gross margin and rising operating expenses. A 5.3 percent increase in merchandise costs cut 166 basis points from Costco’s gross margin, which finishedMore »