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Non cash impairment
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B&G Foods Reports 49% Increase in Sales for Third Quarter 2016
Nov 14, 2016B&G Foods has announced a 49.2% increase in net sales for the July-September quarter of this year. Highlights (vs. year-ago quarter where applicable): Net sales increased 49.2% to $318.2 millionNet income increased 63.6% to $32.4 ...
Tags: B&G Foods, Financial Results
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Catalyst Reports Q3 2016 Operating Results
Nov 11, 2016Catalyst Paper reported significantly improved operating results for the quarter ended 30 September 2016 despite a non-cash impairment write-down of $186.4m on fixed assets at our Powell River, Port Alberni and Crofton paper mills resulting ...
Tags: Catalyst, non-cash impairment
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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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Iconix Posts Steep Q4 Loss After Writeoffs
Mar 30, 2016Iconix Brand Group Inc. reported a loss of $263 million, or $5.44 a share, after charges of $402.4 million to writeoff the company's trademarks and goodwill. Over 90 percent of the impairment is related to the company's men's business ...
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SunOpta Sells Minerals Business to Focus on Food Distribution
Feb 17, 2016Canada-based organic food company SunOpta has entered into an agreement to sell Opta Minerals business to Speyside Equity Fund for CAD$6.2m ($4.4m), in order to focus on its core business of food distribution. The acquisition proposal has ...
Tags: SunOpta, organic food
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J Crew Posts Non-Cash Impairment Charges of $684.0 Million Pushed Apparel Retailer
Dec 16, 2014Non-cash impairment charges of $684.0 million pushed apparel retailer, J Crew Group to post a massive loss in the third fiscal quarter of 2014 as against net income in the prior year quarter. Net loss at the apparel retailer totalled to ...
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Collins Foods Reported a 37 Per Cent Lift in EBITA
Dec 2, 2014Australian quick service restaurant operator Collins Foods Limited, which operates KFC and Sizzler restaurants, has reported a 37 per cent lift in Earnings Before Interest Tax Depreciation and Amortisation (EBITA) and a 43 per cent lift in ...
Tags: Collins Foods, Agriculture
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Billabong International Limited Was Able to Significantly Reduce Its Net Loss
Aug 29, 2014Aussie apparel retailer Billabong International Limited was able to significantly reduce its net loss in the fiscal year ending June 30, 2014, when compared with fiscal year of 2013. Including significant items and discontinued ...
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Ecommerce Sales Accounted for 6.3% of Total Revenue at Dick's Sporting Goods
Aug 21, 2014Ecommerce sales accounted for 6.3% of total revenue at DICK'S Sporting Goods, Inc., the largest U.S. based full-line omni-channel sporting, including apparel goods retailer in the second quarter ended August 2, 2014, up from 5.6% in the ...
Tags: Dick's Sporting, apparel goods
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Big 5 Sporting Goods Corporation Reported Financial Results
Aug 13, 2014Big 5 Sporting Goods Corporation, a leading sporting goods retailer, reported financial results for the fiscal 2014 second quarter ended June 29, 2014. For the fiscal 2014 second quarter, net sales were $231.2 million, compared to net ...
Tags: Same Stores Sales, Big 5 Sporting, Apparel
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Clariant Had a Promising Start to The Year with Good Volume Growth
Apr 30, 2014"Clariant had a promising start to the year with good volume growth and an increase in operating profitability," said CEO Hariolf Kottmann. "Overall, our businesses performed well in an improving but still mixed economic environment. The ...
Tags: Construction, Decoration, economy
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Bebe Stores Compares Sales for The Quarter Ended April 5,2014 ,Decreased 5.7%
Apr 24, 2014bebe stores, inc. announced that based on its preliminary financial results, the Company is updating its net loss per share guidance for the fiscal third quarter ended April 5, 2014. The Company expects to report actual fiscal third quarter ...
Tags: Bebe Stores
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Greencore Plans to Strengthen a New Sandwich Manufacturing Facility in Rhode Island
Mar 20, 2014Irish food company Greencore plans to strengthen its presence in the US with a new sandwich manufacturing facility in Rhode Island, with an investment of around £20m. The 100,000ft2 facility will enable Greencore USA to extend ...
Tags: Greencore, Sandwich, sandwich market
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Big 5 Sporting Goods Corporation Reported Financial Results
Feb 27, 2014Big 5 Sporting Goods Corporation, a leading sporting goods retailer, reported financial results for the fiscal 2013 fourth quarter and full year ended December 29, 2013. Highlights: -Achieves Fourth Quarter Earnings per Diluted Share ...
Tags: Big 5 Sporting Goods, Apparel
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Growing Investor Interest in The Australian Processed Food Sector
Jan 9, 2014Growing investor interest in the Australian processed food sector and divestments by large Australian food manufacturers are becoming more frequent. The recent drop in the Australian dollar and export market opportunities may be driving ...