Despite net sales tumbling more than 43 percent, US-based Hampshire Group, a provider of fashion apparel managed to hike its gross profit margin by 100 basis points in the second quarter of 2014. Net sales at Hampshire Group plunged to ...
Tags: Hampshire, Apparel&Accessories
Earnings improved at department store chain Kohl’s in fiscal second-quarter ending August 2, as lower expenses hid a marginal decline in revenue. In the second fiscal quarter of 2014, Kohl’s reported a profit of $232 million, ...
Tags: Earnings, Apparel, Accessories
A transformation plan initiated in 2012, has not helped Li Ning Company Limited wipe out losses from its balance sheet, instead losses multiplied in the results announced for the first six months of 2014. Loss at Li Ning, one of the ...
Tags: Loss, Apparel, Accessories
In the fiscal second quarter ending August 2, 2014, apparel retailer JC Penney said it reported a third consecutive quarter of growth, while gross margin improved 640 basis points from same quarter last year and 290 basis points ...
Tags: JC Penney, Apparel, Accessories
Return on invested capital (ROIC) for the 12 months ended August 2, 2014 at garment retailer and NYSE-listed Nordstrom stood at 13.2 percent, down from 14.4 percent from same period last year. Nordstrom said, this decrease reflects ...
Tags: ROIC, Apparel, Accessories
Tactical Holdings, a major supplier of military footwear, has filed a Chapter 11 Bankruptcy Petition in U.S. Bankruptcy Court in the District of Delaware, and is seeking a quick sale of its businesses. The company’s footwear ...
Tags: Tactical Holdings, Bankruptcy Petition, Sporting Goods
Crocs, Inc. hit reverse Tuesday, saying it will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The latest restructuring plan coincided with release of the company’s financial ...
Tags: Crocs, Stores, Sporting Goods
Delta Apparel, Inc. reported earnings fell 45 percent in the third quarter ended June 28, to $2.2 million, or 27 cents per share, from $4.0 million or 48 cents, a year ago. Revenues were down 7.6 percent to $123.5 million from $133.6 ...
Tags: Delta Apparel, Earnings, Sporting Goods
For its fiscal third-quarter 2014 (to end-June), Emcore Corp of Albuquerque, NM, USA, which makes compound semiconductor-based components and subsystems for the fiber-optic and solar power markets, has reported revenue of $44.6m, up 5.5% on ...
Tags: Emcore, Electrical, Electronics
Hibbett Sports Inc. lowered its earnings forecast for fiscal 2015 by roughly 5 percent Thursday based on preliminary estimates of results for the 13-week period ended Aug. 2. The retaile said it expects net sales for the period to ...
For full-year fiscal 2014 (ended 29 June), Cree Inc of Durham, NC, USA has reported record revenue of $1.65bn, up 19% on fiscal 2013’s $1.39bn. Fiscal Q4/2013 Q1/2014 Q2/2014 Q3/2014 Q4/2014 Revenue $375m $391m $415.1m $405.3m ...
Tags: Cree LED, Electrical, Electronics
Performance Sports Group Ltd, (PSG) which recently acquired the Easton diamond sport business, reported revenues in the fiscal fourth quarter ended May 31 increased 30 percent to $112.9 million compared to $86.7 million in the same year-ago ...
Tags: Performance Sports, Revenues, Sporting Goods
Mechel, one of the leading Russian mining and steel groups, has reported that it is investing a total of RUB 2.9 billion ($80,4 million) in the technical revamping program for Mechel Mining OAO's production facilities. Investment in program ...
Net earnings from continuing operations in the second quarter ending June 29, 2014, soared at NYSE listed Checkpoint Systems to $0.23 per diluted share versus $0.02 per diluted share in the same period of last year. This was due to ...
Tags: Net Earnings, Checkpoint, Textile
Although revenue shot up at NASDAQ-listed, Gevo, a producer of renewable technology, chemical products, and next generation biofuels, net loss mounted in the second quarter of 2014, from a year earlier, mainly from interest expense ...