Tag Archives: Net income

Keurig Q2 Net Rises 22.4 Percent

Keurig Green Mountain

WATERBURY, Vt.-Strong sales and a tight hand on expenses propelled Keurig Green Mountain to a 22.4 percent jump in second-quarter net income, to $162.1 million. Net sales rose 9.8 percent to $1.1 billion in the quarter, which ended on March 29. Selling, general and administrative expenses were flat in dollars and declined by 109 basisMore »

Newell Rubbermaid Q1 Net Slips 2.4 Percent

Newell Rubbermaid

ATLANTA-Weak sales of home products and higher costs both played a part in reducing Newell Rubbermaid’s first-quarter profit and sales. Net income in the quarter, which ended on March 31, fell 2.4 percent to $52.9 million. Net sales were down 0.7 percent to $1.2 billion. Sales in Newell’s Home Solutions segment were down 5.2 percent,More »

Mohawk Net Climbs 60.6 Percent in Q1

Mohawk Industries

CALHOUN, Ga.-Bolstered by gains in sales and margins, Mohawk Industries posted a 60.6 percent jump in first-quarter net income, which totaled $81.1 million. Jeffrey Lorberbaum, the company’s chairman and CEO, said the bottom-line performance exceeded Mohawk’s expectations. Lorberbaum attributed this to contributions from tile maker Marazzi and panel-board manufacturer Spano, which Mohawk acquired last year;More »

HSNi Q1 Net Drops 23.3 Percent

HSNi

ST. PETERSBURG, Fla.-The malaise throughout the retail sector struck HSNi, whose first-quarter net income fell 23.3 percent to $24.2 million. Net sales in the quarter, which ended on March 31, rose a bare 0.6 percent to $777.4 million. The results included a 1 percent decline in HSN’s sales and a pickup of 5 percent inMore »

Libbey Goes from Profit to Loss in Q1

Libbey

TOLEDO, Ohio-With sales slipping and costs rising, Libbey reported a first-quarter net loss of $3.4 million, compared to net income of $2 million in the first quarter of last year. Net sales were down 1 percent to $181.6 million in the quarter, which ended on March 31. Sales in Libbey’s Americas segment were down 1.3More »

Iconix Sets Q1 Records for Earnings, Revenues

Iconix

NEW YORK-Iconix Brand Group got its 2014 fiscal year off to what Neil Cole, chairman and CEO, called “a strong start” by achieving record earnings and revenues for its fiscal first quarter. Net income totaled $59.8 million, up 74.8 percent from the first quarter of last year. Licensing and other revenue increased 10.5 percent toMore »

Michaels Q4, FY Net Rockets

Michaels

IRVING, Texas-A modest gain in sales and reduced expenses boosted Michaels Stores to increases of 36.2 percent and 32 percent in fourth-quarter and fiscal-year net income, respectively. Net income totaled $143 million for the quarter and $264 million for the year ending on Feb. 1. Net sales recorded an increase of 2 percent in theMore »

Helen of Troy Net Falls for Q4, FY

HelenOfTroy

EL PASO, Texas-Helen of Troy ended its 2014 fiscal year with significant drops in net income for both the year and the fourth quarter. Net income in the quarter plummeted 59.7 percent to $11 million. For the year ending on Feb. 28, net income totaled $86.2 million, down 24.8 percent from the prior year. LaggingMore »