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Fourth Quarter Earnings
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Apple Might Not Meet iPhone 7 Plus Demand This Year
Nov 4, 2016Tim Cook has revealed Apple might not meet demand for the iPhone 7 Plus by the end of the year, during an investor call to discuss fourth-quarter earnings. The company is hoping for a return to growth following declining sales ...
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PSG Swings to a Fiscal Q3 Loss on Retailer Bankruptcies
Apr 19, 2016Performance Sports Group Ltd. swung to a net loss in the fiscal third quarter ended February 29 as expected due to a precipitous drop in baseball and softball sales, retail bankruptcies and the impact of currency exchange rates on its ...
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G-III Apparel Misses 4Q Profit Forecasts
Mar 23, 2016G-III Apparel Group Ltd. reported fourth-quarter earnings that came in well short of Wall Street targets. For the fourth quarter ended Jan. 31, 2016, G-III reported that net sales increased by 3 percent to $527.4 million from $514.3 ...
Tags: G-III, Earnings, Wall Street targets
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Earnings Per Share on a Non-Gaap Basis Surged 23% at Apparel Marketer PVH Corp
Mar 30, 2015Earnings per share on a non-GAAP basis surged 23 per cent at apparel marketer PVH Corp which has brands like Calvin Klein and Tommy Hilfiger in its portfolio for the fourth quarter ended December 31, 2014. PVH said its fourth quarter ...
Tags: PVH Corp, Heritage brands business, Apparel
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Foot Locker's Earnings Rose 18.0% to $146 Million in Q4
Mar 16, 2015Foot Locker, Inc. reported fourth-quarter earnings rose 18.0 percent to $146 million, or $1.01 a share, easily eclipsing Wall Street's target. Earnings, adjusted for non-recurring gains, came to $1 per share, beating Wall Street's consensus ...
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Apparel Marketer L Brands see the sales growth 7%
Feb 11, 2015In preliminary estimates, marketer of intimates’ iconic brand Victoria Secret, L Brands said its net sales for the fourth quarter rose 7 per cent year on year for the fourth fiscal quarter ended January 31, 2015. Net sales for the ...
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Tornier Could Be Delayed and Wright Turn Into One
Feb 5, 2015Not so fast, Wright and Tornier. U.S. regulatory agencies want a few matters cleared up before deciding whether to approve the proposed $3.3 billion merger of U.S. bone-implant maker Wright Medical Group Inc. with Dutch orthopedic ...
Tags: orthopedic device, medical device
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Stryker Corp.Still on The Prowl for Acquisitions
Jan 30, 2015Stryker Corp. is still on the prowl for acquisitions, although it isn’t naming names, the company’s CEO told analysts this week. Kalamazoo, MI–based Stryker Corp. has been eyeing British company Smith & Nephew Plc and ...
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Fourth-Quarter Business Group Discussion Reported by 3M
Jan 30, 20153M has reported fourth-quarter earnings of $1.81 per share, an increase of 11.7 percent versus the fourth quarter of 2013. Sales grew 2.0 percent year-on-year to $7.7 billion. Organic local-currency sales grew 6.3 percent with acquisitions ...
Tags: income margins, shareholders, Construction
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EBay Studying Whether to Spin off The Business as Part of a Broadening Restructuring
Jan 23, 2015Less than four years after acquiring GSI Commerce for $2.4 billion, eBay Inc. announced Wednesday it was studying whether to spin off the business in IPO as part of a broadening restructuring. The company disclosed the plans in its ...
Tags: broadening restructuring, box retailers, Sporting Goods
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The Impact of Foreign Currency Held Down Sales Growth in The Fourth Quarter Ended January
Jan 16, 2015Posted in Medical Device Business by Nancy Crotti on January 14, 2015 As the U.S. dollar strengthens amid global economic uncertainty, travelers aren’t the only ones affected. Major medtech companies including St. Jude Medical and ...
Tags: Medical Device, Health
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Lululemon Cuts 2014 Guidance
Jun 30, 2014Lululemon Athletica Inc. reported a drop in profit for the fiscal first quarter amid a tax charge tied to a share-repurchase plan and lowered its outlook for the year. Comparable-store sales for the first quarter decreased 4 percent on a ...
Tags: Sporting Goods, Recreation
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Goodman Fielder Expects Its EBIT in The 2014 Financial Year
Apr 3, 2014Bread and snack food manufacturer Goodman Fielder has announced it expects its earnings before interest and tax (EBIT) in the 2014 financial year to be approximately 10 to 15 per cent lower than the previously expected $180 million. The ...
Tags: Agriculture, Food
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PVH Corp. Reported 2013 Q4 and Full Year Results. GAAP Loss Per Share Was $(0.46)
Mar 27, 2014PVH Corp. reported 2013 fourth quarter and full year results. GAAP loss per share was $(0.46) as compared to the prior year’s fourth quarter earnings per share of $1.09. Highlights: -Fourth quarter Non-GAAP EPS of $1.43 ...
Tags: Calvin Klein, PVH Corp, Apparel
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L Brands,Inc. Reported 2013 Fourth Quarter and Full-Year Results
Feb 28, 2014L Brands, Inc. reported 2013 fourth quarter and full-year results. Fourth Quarter results: Earnings per share for the 13-week fourth quarter ended Feb. 1, 2014, were $1.65 compared to adjusted earnings per share of $1.76 for the ...
Tags: L Brands, Apparel, Full-Year Results