Tag Archives: Gross margin

Lifetime Q1 Loss Jumps; Sales Gain 20 Percent

Lifetime Brands

GARDEN CITY, N.Y.-Although sales rose by a robust 20 percent, Lifetime Brands’ first-quarter net loss reached $2.9 million, compared to a net loss of $632,000 in its first quarter of last year. Net sales totaled $118.4 million in the quarter, which ended on March 31, and gross margin gained 63 basis points to finish atMore »

Stanley Q1 Net Loss Widens

Stanley Furniture

STANLEYTOWN, Va.-With sales dropping and costs on the rise, Stanley Furniture posted a net loss of $4.4 million in its fiscal first quarter, compared to a net loss of $2.1 million in last year’s first quarter. Net sales fell 16 percent to $21.9 million in the quarter, which ended on March 29. Selling, general andMore »

Container Store Net Rises in FY, Falls in Q4

Container Store

COPPELL, Texas-The Container Store Group reported adjusted net income of $16.4 million for its fiscal year ending on March 1, up 1.2 percent, despite a drop in fourth-quarter net income of 10.6 percent to $10.7 million. The bottom-line numbers were adjusted for a number of items such as distributions to preferred shareholders, the costs forMore »

Amazon Q1 Net Jumps 31.7 Percent

Amazon

SEATTLE-Riding on the back of healthy gains in sales, Amazon.com reported an increase of 31.7 percent in its first-quarter net income, to $108 million. Total net sales in the quarter, which ended on March 31, were $19.7 billion, up 22.8 percent over the first quarter of last year. Net product sales posted an 18.3 percentMore »

Aaron’s Q1 Net Drops

Aaron's

ATLANTA-Lagging revenues and a spike in expenses cut 24.8 percent from Aaron’s first-quarter net income, which totaled $38.3 million. Net revenues in the quarter, which ended on March 31, slipped by 1.3 percent to $585.4 million. Sales at the company-operated retail stores edged up 0.6 percent in total, but same-store revenues and customer counts forMore »

Bed Bath Posts Weak Q4, FY Results

Bed Bath & Beyond

UNION, N.J.-A poor fourth quarter ended Bed Bath & Beyond’s fiscal year with shortfalls in the bottom line for both periods. Net income in the quarter dropped 10.9 percent to $333.3 million, bringing net income for the fiscal year ending on March 1 to $1 billion, down 1.5 percent from the previous fiscal year. NetMore »

Havertys Q1 Sales Fall

Havertys

ATLANTA-Havertys’ first-quarter sales fell 2.5 percent to $181.4 million, according to a preliminary report from the home furnishings retailer. Same-store sales in the quarter, which ended on March 31, were down 0.9 percent. Clarence Smith, Havertys’ chairman, president and CEO, said the results came off last year’s first quarter, in which same-store sales rose 11.5More »

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 »