Tag Archives: Net income

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 »

GMCR Posts 28.5 Percent Net Gain in Q1

GMCR

WATERBURY, Vt.-Keurig brand parent Green Mountain Coffee Roasters (GMCR) began its fiscal year with a 28.5 percent jump in net income, which totaled $138.2 million. Expenses controls helped fuel the bottom-line growth. Operating expenses in the quarter, which ended on Dec. 28, were virtually flat in dollars and declined 56 basis points to 17.1 percent.More »

iRobot Goes from Loss to Gain in Q4

iRobot Posts Loss in Q4; Net Falls 57 Percent for Year

BEDFORD, Mass.-iRobot ended what its chairman and CEO, Colin Angle, termed “a great year” for transforming a fourth-quarter net loss of $5.9 million from the prior year to net income of $3.2 million. For its 2013 fiscal year ending on Dec. 28, the robot technology manufacturer posted net income of $27.6 million, up a resoundingMore »

Tuesday Morning Goes from Loss to Gain in Q2

Tuesday Morning

DALLAS-Thanks to what CEO Michael Rouleau called “a disciplined program aimed at improving operations,” Tuesday Morning turned its bottom line from red to black in its fiscal second quarter, posting $17.7 million in net income compared to a net loss of $21.5 million one year ago. The improvement in the closeout retailer’s operations can beMore »

Electrolux North America Prospers in Fiscal Year, Q4

Electrolux

STOCKHOLM-With demand for major appliances swinging sharply upward, Electrolux North America posted a 52 percent increase in operating income for the fiscal year ending on Dec. 31, to $327.4 million. Net income for the fourth quarter totaled $69.4 million, up 37 percent from the fourth quarter of fiscal 2012. Net sales for the North AmericanMore »

Michaels Net Jumps 65.7 Percent in Q3

Michaels

IRVING, Texas-Increased sales, improved gross margin and a significant reduction in interest expense bolstered Michaels’ bottom line in its fiscal third quarter ending on Nov. 2. Net income for the arts and craft specialty retailer totaled $58 million, up 65.7 percent as net sales gained 10.3 percent to finish the quarter at $1.1 billion. TheMore »

Belk Net Drops, Sales Up in Q3

Belk

CHARLOTTE, N.C.–The cost of strategic initiatives caused Belk’s net income for the third quarter to drop 67 percent. Sales increased 2.8 percent in the period ending Nov. 2. Net income for the third quarter was $3.6 million, compared to $11.1 million for the same prior-year period. Net income excluding non-comparable items was $4.6 million forMore »