Iconix 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 ...
Dorel Industries reported that its Recreational/Leisure Segment lost $5.4 million after mostly non-cash restructuring charges that reduced its overall earnings by about half. Dorel warned investors in early February that continued ...
Tags: Dorel Industries, Sporting Goods
Quiksilver Inc, the parent of Quiksilver, Roxy and DC Shoes, reported revenues declined 4.6 percent in its first quarter ended Jan. 31, to $393 million compared with $412 million a year ago. Revenues were down 2 percent, or $9 million, in ...
Tags: Sporting Goods, Recreation
Crocs Inc. reported a loss of $66.9 million in the fourth quarter, partly due to $49.2 million in non-recurring restructuring charges. Revenues increased 1.6 percent. Fourth Quarter and Full Year Financial Highlights: GAAP revenue ...
Tags: Restructuring Charges, Crocs, Revenue, GAAP
Pacific Sunwear of California, Inc. said fourth fiscal quarter comparable store sales through Jan. 4, (the "Holiday Period") were flat on a continuing operations basis, excluding online sales. The company stated that with the growing ...
Tags: Pacific Sunwear of California, comparable store sales, Holiday Period
Navistar continues to be dogged by warranty issues related to its previous emissions strategy, and today announced a $154-million loss for the fourth quarter. Still, it was a marked improvement from the Q4 loss of $2.8 billion the company ...
Tags: transportation, Navista
In an earnings call today, ccTroy Clarke said the company’s Q4 loss was in part due to “unanticipated pre-existing warranty adjustments” for its EGR-only engines, but that the company is halfway through the maximum ...
Tags: order, auto parts
According to report, Russian steelmaker MMK group may see its profit up by 35% to 19 million in January- March quarter in 2013 after a loss in the previous quarter. The result for profit including the selling the rail freight carrier MMK ...
Tags: Construction, steel
Hindusthan National Glass and Industries Ltd (HNG) has posted a net loss of Rs 84 crore in Q4 FY13 against a net profit of Rs 31 crore in Q4 FY12. For the full year, the country’s largest container glass maker posted a net loss ...
The company's Q4 loss widens Swiss semiconductor firm STMicroelectronics said it will write down about $500m to exit its struggling mobile chip joint venture, which was formed in 2008 with Swedish telecoms equipment manufacturer Ericsson. ...
Tags: semiconductor firm, STMicroelectronics, mobile chip joint venture
Verizon Communications posted a net loss of $1.9 billion during the fourth quarter of 2012, but the losses were due to a series of one-time expenses announced earlier. The company on Tuesday announced revenue of $30 billion for the fourth ...
Tags: Verizon Communications, net loss, revenue
US food giant ConAgra Foods has reported a fourth-quarter loss of US$86m after changes to the way its accounts for its pension costs. The company said today (21 June) its new method of accounting for pensions hit its bottom line in the 13 ...
Shares in Kettle Chips owner Diamond Foods tumbled today(10 December),the first day of trading after the US snack group reported a fourth-quarter loss. Diamond's stock was down almost 9%today after the company booked a loss of US$32.9m ...
Tags: Diamond Foods, stock, financial results, loss