Tag Archives: Net income

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 »

Leggett & Platt Q1 Net Rises

Leggett & Platt

CARTHAGE, Mo.-A decline in operating expenses offset a small drop in sales to propel Leggett & Platt to a first-quarter gain of 7.5 percent in net income, which totaled $53.1 million. Selling and administrative expenses were down 8.1 percent in dollars and 77 basis points as a percentage of sales, to 10.7 percent. Net salesMore »

Electrolux Q1 Net Up 19.4 Percent

Electrolux

STOCKHOLM-Despite a relatively low sales gain—including flat sales performance from its North American region—Electrolux recorded a 19.4 percent increase in net income in its first quarter, to SEK431 million (about $66.8 million). Net sales edged up 1.2 percent to SEK25.6 billion (about $4 billion) in the quarter. Keith McLoughlin, Electrolux’s president and CEO, said theMore »

Hooker Q4, FY Net Drops

Hooker Furniture

MARTINSVILLE, Va.-Startup costs for two new businesses cut into Hooker Furniture’s bottom line for both the fourth quarter and the fiscal year. Fourth-quarter net income fell 45.9 percent to $2 million, bringing total net income for the fiscal year ending on Feb. 2 to $7.9 million, down 8.1 percent from the prior fiscal year. TheMore »

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 »

Pier 1 Net Slides for Q4, FY

Report: Pier 1 Imports to Sell Online

FORT WORTH, Texas-A weak fourth-quarter performance led to significant cuts in Pier 1 Imports’ bottom line for both the quarter and the fiscal year. Net income in the quarter fell 31 percent to $42.6 million, bringing net income for the fiscal year ending on March 1 to $107.5 million, down 16.9 percent. Net sales inMore »

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 »