On a GAAP basis, operating profit surged 25 per cent to $90 million while earnings per share (EPS) rose higher by 30 per cent to $0.13, both up from the year ago quarter at HanesBrands in the first fiscal quarter ended April 4, 2015. ...
Tags: GAAP basis, Hanes
For fiscal third-quarter 2015 (to 29 March), Cree Inc of Durham, NC, USA has reported revenue of $409.5m, down about 1% on $413.2m last quarter but up 1% on $405.3m a year ago (and on the higher end of the targeted range of $395-415m), as ...
RPM International Inc. has reported record sales for its fiscal 2015 third quarter ended February 28, 2015, but incurred an as-reported loss for the quarter due to a one-time, non-cash net charge for a tax accrual related to the possible ...
Tags: RPM International, record sales
Sportsman's Warehouse Holdings Inc. reported same store sales decreased by 5.3 percent in the fourth quarter, compared with a 6.2 percent decline in the prior quarter and an 8.4 percent decline for the full year. The Utah-based retailer ...
Tags: Sportsman, Sporting Goods
Big 5 Sporting Goods Corp. noted that in addition to the three candidates for election previously announced by Stadium Capital Management, LLC, Engaged Capital, LLC also has nominated four other director candidates for election to the ...
Tags: Sporting Goods Corp, Big 5, Sporting Goods
Global fast food restaurant chain McDonald's has announced a decrease in global comparable sales of 1.7 per cent in February 2015, continuing a downward trend. In the Asia Pacific region, the Middle East and Africa, sales decreased by ...
Tags: fast food restaurant, McDonald's
Chinese steelmakers are facing more headwinds this year as economic growth slows and need government support to tackle long-term overcapacity, the chairman of Anshan Iron & Steel Group said. China's steel sector has been struggling with ...
Tags: Steel, Metallurgy, Mineral
For the fourth fiscal quarter ended January 31, 2015, Wal-Mart Stores, Inc, the biggest global retailer posted a 1.4 per cent year over year hike in consolidated net sales. Consolidated net sales for the fourth quarter amounted to $130.7 ...
Tags: Wal-Mart, e-commerce
China will focus on improving economic quality in 2015 and adapt itself to slower growth against global economic headwinds, top policy makers agreed on Thursday. Economic growth should remain within the desired range and restructuring of ...
Tags: Economic Quality, economic policy
Deckers Brands reported earnings in its third quarter ended Dec. 31 rose 7.5 percent to $149.4 million, or $4.50, but missed its original guidance. Overall Ugg sales grew 6.5 percent but Ugg Classic styles declined due to a slow October and ...
Tags: casual boots, weather boots, Sporting Goods
Posted in Medical Device Business by Chris Newmarker and Brian Buntz on January 28, 2015 Medtronic is expected to enjoy lower corporate taxes now that it has moved its official headquarters from the U.S. to Ireland through its merger with ...
Tags: credit rating, Health
Jarden Corporation expects net sales of at least $2.4 billion for the fourth quarter of 2014, driven by strong organic growth. The owner of The Coleman Co., K2, Marmot, Rawlings and two dozen other sporting goods brands also expects ...
Tags: net sales, Sporting Goods
Supporting some upbeat holiday forecasts, Zumiez and Pacific Sunwear of California both raised fourth-quarter guidance after reporting healthy comps in December. A few department stores also showed above-plan performances although both ...
Tags: hard goods, footwear, Sporting Goods
U.S. specialty jewelry store sales fell 7.1 percent year on year to $2.734 billion in November -- the latest sign that jewelers in the U.S. have been facing economic headwinds. Furthermore, the sales figures from November, the month that ...
Tags: specialty jewelry, jewelry
Tennessee-based printing papers, specialty papers and pulp manufacturing company Verso Paper has completed the acquisition of its larger rival NewPage Holdings for $1.4bn. Verso announced that with this acquisition, it will have ...
Tags: flexible packaging, technical paper applications, Agriculture