Dick’s Sporting Goods saw net income rise 10 percent to $291 million for its fiscal year ended Feb. 2 as net sales jumped 12 percent to $5.84 billion, according to the company’s 10-K filing. Consolidated same-store sales rose ...
Fujitsu has paid $1.2 billion into its pension funds for current and former U.K. employees, and renegotiated cuts to ongoing pension contributions, freeing up cash to grow other areas of its U.K. business, the company said Monday. The ...
Tags: Fujitsu, Fund Deficit, Electronics
Posting a year-on-year rise of 6.55 percent, Pakistan exported US$ 8.483 billion worth of textiles during July to February—the first eight months of the ongoing financial year 2012-13, Pakistan Bureau of Statistics (PBS) data shows. ...
Tags: textile exports, textile, apparel exports
Foxconn's Hon Hai Precision Industry posted record annual profits last year, a sign that production of Apple products remains strong despite heightened competition from rival electronics vendors. Hon Hai Precision, the central ...
Tags: Apple, Hon Hai Earns, Annual Profit
Macy’s, Inc. announced that it will expand its online order fulfillment center in Goodyear, AZ, to accommodate continued sales growth as part of the company’s omnichannel strategy. The company is expected to invest more than $35 ...
Tags: Macy, Goodyear facility, Goodyear
US-based food company General Mills has reported that its net earnings increased 1.8% to $398.4m for the third quarter of 2013, compared to $391.5m for the same period in 2012. The modest growth in profit was due to one-time charges and ...
Tags: food company, food, Bakeries
Perry Ellis International, Inc. reported results for the fourth quarter ("fourth quarter of fiscal 2013") and the fiscal year ended February 2, 2013 ("fiscal 2013"). Oscar Feldenkreis, president and chief operating officer of Perry Ellis ...
Tags: Perry Ellis, apparel, Revenue
Francesca's Holdings Corporation reported a 73.7% increase in earnings per diluted share of $0.33 for the fourth quarter ended February 2, 2013 compared to $0.19 per diluted share for the same quarter last year. Net sales in the fourth ...
Pacific Sunwear of California, Inc. that net sales from continuing operations for the fourth quarter of fiscal 2012 ended February 2, 2013, were $228.0 million versus net sales from continuing operations of $218.7 million for the fourth ...
Tags: Pacific Sunwear, sunwear, sales
German specialty chemicals company LANXESS has announced strong figures for the past fiscal year, with improvements in key reported numbers. “2012 was the best year in our growth story so far. Our business model proved itself once ...
Tags: Lanxess group, chemicals company, chemicals
The Australian Bureau of Resources and Energy Economics (BREE) has revised its estimations for Australian nickel production in 2012-13. According to the latest estimates, world refined nickel production increased to around 1.7 million mt in ...
Tags: Metallurgy, Mineral, Energy, nickel
The High Point Market Authority would face a significant cut in state funding in the coming years under a budget proposal submitted by North Carolina Gov. Pat McCrory. McCrory, a Republican who was elected to the top job last November, ...
Tags: N.C.Proposes, High Point Market, Furniture
The latest declared glass recycling rate in South Africa is now, according to The Glass Recycling Company (TGRC), 40.1%; a 230% growth in annual volumes recycled since the inception of TGRC six years ago. Evidence of a shift in consumer ...
Hewlett-Packard may seek damages of US$4 billion to $4.2 billion from Oracle in its lawsuit over support for Itanium server architecture. An economist that HP plans to call in the case made the estimate at an evidentiary hearing on Monday ...
Tags: Computer Products, economy
BlackBerry chief executive Thorsten Heins has taken a swipe at rival Apple's iPhone, claiming that its user interface is five years old and suggesting that it is in need of a refresh. "Apple did a fantastic job in bringing touch devices ...
Tags: Computer Products, Consumer Electronics, Blackberry, Apple