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Second Quarter Profits
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Havertys Said Second-Quarter Profits More Than Doubled on a 12.9% Increase in Sales
Aug 9, 2013Top 100 retailer Havertys said second-quarter profits more than doubled on a 12.9% increase in sales. The company, which has 119 stores in the South and Midwest, said same-store sales rose 11.2% and the average ticket was up 7.7%. Net ...
Tags: Furniture, Furnishing
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PPG Industries Reported Record Second-Quarter Net Sales in 2013 of $4.1 Billion
Jul 19, 2013PPG Industries reported record second-quarter net sales in 2013 of $4.1 billion, up 16 percent versus the prior year, but company glass sales dipped in what chairman and chief executive officer Charles E. Bunch calls a ...
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Bassett Furniture Said Second-Quarter Sales Rose 20.4%
Jul 10, 2013Driven by double-digit increases in its wholesale and retail divisions, Bassett Furniture Inds. said second-quarter sales rose 20.4%. It marked the third straight quarter in which sales were more than 20% ahead of the same quarter the ...
Tags: Furniture, Furnishing
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Ledlink Optics, Saw Its First-Quarter Gross Margin Fall to 43%
May 16, 2013Taiwan-based LED optical lens maker, Ledlink Optics, saw its first-quarter gross margin fall to 43%. According to Telung Tang, CEO of Ledlink, performance in the second quarter is expected to show growth and mass production of LED ...
Tags: LED Lighting, Lighting
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Cisco Has Reported a $900m Year on Year Rise on Its Second Quarter Profits
Feb 17, 2013Networking specialist Cisco has reported a $900m (£579m) year on year rise on its second quarter profits – a 44 per cent increase. The firm reported net sales of $12.1bn in its second quarter, which is a rise of five per cent ...
Tags: Networking, Cisco, profits
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PepsiCo Has Booked a 21% Decline in Second-Quarter Net Profit
Dec 13, 2012US snack and cola maker PepsiCo has booked a 21% decline in second-quarter net profit. In an earnings update today (25 July), the company said net profit totalled US$1.49bn in the 12 weeks to 16 June, down from $1.89bn in the previous ...
Tags: PepsiCo, Q2, second-quarter net profit, decline, earnings, net profit
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Flowers Foods Has Changed Its Forecast for Annual Earnings
Dec 11, 2012US baker Flowers Foods has changed its forecast for annual earnings, pointing to "heightened" competition and "challenging" trading conditions. Flowers expects adjusted earnings per share to increase by 3.5% to 8% in 2012, including the ...
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Smithfield Foods Reported a Slump in Second-Quarter Profits
Dec 11, 2012Smithfield Foods today (6 December) reported a slump in second-quarter profits but the US pork group's shares rose as underlying earnings beat forecasts. The company booked a 91% drop in net income for the three months to 28 October after ...
Tags: Debt, charges, Debt Charge
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Almarai Had Booked an Increase in Second-Quarter Profits on The Back of a Jump in Sales
Dec 10, 2012Saudi food group Almarai had booked an increase in second-quarter profits on the back of a jump in sales, which were up more than one-quarter. Almarai said net profit rose by 8.7% in the three months to 30 June, while operating profit ...
Tags: Sales Jump, stake, bakery and poultry
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Wessanen Has Seen Its Second-Quarter Profits Slide
Dec 10, 2012Dutch organic food specialist Wessanen has seen its second-quarter profits slide as a result of lower sales volumes and higher marketing spend. The company today (25 July) booked net profits of EUR3.1m (US$3.8m) in the quarter, down from ...
Tags: Wessanen, second quarter profit, marketing spend, sales volume
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Amazon Is Expected to Announce One or More New Models in Its Kindle Fire
Sep 6, 2012Amazon is expected to announce one or more new models in its Kindle Fire range later today,at an event in Santa Monica,California. The conference will start at 10.30am PST(6.30pm UK time),and while Amazon has not directly admitted what it ...
Tags: Amazon, Kindle Fire, Santa Monica, tablet market
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Baidu Reported Second-Quarter Profits That Were up 70 Percent
Jul 23, 2012IDG News Service-Baidu,China's largest search engine,reported second-quarter profits that were up 70 percent from a year earlier as it continued to add new customers for its online marketing services. Baidu's profits for the quarter ended ...
Tags: Baidu, Profit, search engine, online marketing
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The Average Price of Cement Across China Last Week Fell 0.83 Percent
Jun 20, 2012The average price of cement across China last week fell 0.83 percent week-on-week to 336.25 yuan per ton, reports Shanghai Securities News. According to the report, the price of cement has been falling for several weeks since the end of ...
Tags: market view, cement, price