Tag Archives: Net sales

Spectrum Appliance-Unit Q3 Profit Climbs

Spectrum Brands

MIDDLETON, Wis.-Increased sales of personal-care products and batteries helped boost net income for Spectrum Brands’ Global Batteries and Appliances Unit by 9.4 percent, to $49.1 million, in the company’s fiscal third quarter ending on June 29. Net sales in the global personal-care product category (represented by the Remington brand) edged up 1.8 percent in theMore »

Amazon.com Q2 Net Loss Reached $126 Million

Amazon.com

SEATTLE-Substantial increases in expenses offset a significant gain in sales to send Amazon.com’s net loss to $126 million in its fiscal second quarter, compared to a net loss of $7 million in the second quarter of last year. Total operating expenses jumped 23.9 percent in dollars and 57 basis points as a percentage of sales,More »

Tempur Sealy Loss Grows in Q2

Tempur+Sealy

LEXINGTON, Ky.-Tempur Sealy posted a second-quarter net loss of $2.2 million, compared to a second-quarter net loss of $1.6 million from last year. The loss occurred as the company continued to absorb integration costs of last year’s merger between Tempur-Pedic and Sealy. In addition, it reported a $20.4 million loss related to its disposal ofMore »

Leggett & Platt Posts Q2 Loss of $23.9 Million

Leggett & Platt

CARTHAGE, Mo.-A one-time charge of $108 million put Leggett & Platt’s second-quarter bottom line in the red to the tune of $23.9 million. Last year, the company posted second-quarter net income of $71.3 million. The company recorded the pre-tax, non-cash impairment charge to write off all of the goodwill associated with its Store Fixtures group.More »

Ethan Allen Doubles Q4 Net; FY Net Rises 32.2 Percent

Ethan Allen

DANBURY, Conn.-Sales gains in both of its divisions and controlled expenses helped Ethan Allen to a 108.5 percent jump in fourth-quarter net income, to $17.1 million. For the fiscal year ending on June 30, the company posted a net-income gain of 32.2 percent to $42.9 million. Net sales in the quarter climbed 9.1 percent toMore »

Jarden Q2 Net Falls 31.8 Percent in Spite of Record Sales

Jarden

MIAMI-Increased expenses and a loss on the early extinguishment of debt offset a record sales performance to send Jarden’s second-quarter net income into a 31.8 percent plunge, to $52.1 million. Selling, general and administrative expenses were up 23 percent in dollars and 181 basis points as a percentage of sales from the second quarter ofMore »

Electrolux Q2 Net Gains 27 Percent

Electrolux

STOCKHOLM-In spite of an overall sales decline, Electrolux bolstered its second-quarter bottom line by 27 percent to SEK815 million (about $124.3 million based on the conversion rate of Swedish kroners to U.S. dollars for the period). Expense controls provided some of the help to the bottom line in the quarter. Selling, general and administrative expensesMore »

Havertys Sales Gain in Q2

Havertys

ATLANTA-Havertys posted a second-quarter increase of 2.4 percent in net sales, to $175.1 million, according to a preliminary statement on the quarter, which ended on June 30. The sales pickup included a 3.2 percent rise in same-store sales. Clarence Smith, Havertys’ chairman, president and CEO, said the retailer experienced growth in sales of upholstery, mattressesMore »