Staples (SPLS)

Staples, the world's largest office supply retainer, said Tuesday that its third quarter net income rose to $269.4 million, or 37 cents a share, from $156.7 million, or 22 cents, a year earlier. Sales fell 6.2 percent to $6.52 billion in the 13 weeks ended Oct. 31.
Earnings and sales both topped Street estimates.

Dec 1 · 11:41:00 AM · Source: Company News Release
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by Larry Etter

Tiffany (TIF)

Tiffany & Co. said Wednesday that third quarter profits declined 1 percent to $43.3 million, or 35 cents a share, from $43.8 million a year earlier. Earnings from continuing operations, excluding some items, totaled 33 cents a share. Total revenue dropped 2.9 percent to $598.2 million in the three months ended Oct. 31. U.S. stores open at least a year decreased 10 percent after declining 27 percent in the previous quarter.
Sales and profits topped Street estimates and the company's CEO said Tiffany was "pleased to see that the rate of sales declines in the U.S. lessened as the quarter progressed. At the same time, many countries in Asia-Pacific and Europe achieved considerably better-than-expected sales."

Nov 25 · 12:36:00 PM · Source: Company News
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by Larry Etter

Borders Group Inc. (BGP)

Bookseller Borders Group Inc said Tuesday that it had a fiscal second quarter loss from continuing operations of $39 million, or 65 cents per share, basically unchanged from $39 million, or 64 cents per share, a year earlier. Sales fell 12.7 percent to $595.5 million from $682.1 million a year earlier.
The loss was larger than expected as online book sales continue to eat into the company's business.

Nov 24 · 12:09:00 PM · Source: Company News Release
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by Larry Etter

Barnes & Noble (BKS)

Barnes & Noble reported a second quarter net loss was $24.0 million, or $0.43 per share. Included in the net loss were one-time transaction expenses of $0.13 per share associated with the Barnes & Noble College Bookstore acquisition.

The company is lowering its full year earnings per share forecast to be in a range of $0.33 to $0.63, from its previous forecast of $0.59 to $0.89.

Additionally, the company also announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share payable on December 31, 2009, to stockholders of record on December 10, 2009.

Nov 24 · 11:48:00 AM · Source: Company Press Release
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by Rich Pike

D.R. Horton (DHI)

California homebuilder D. R. Horton Friday said it had a net loss for the fiscal fourth quarter ended Sept. 30 of $231.9 million, or 73 cents a share, compared with a year-earlier loss of $799.9 million, or $2.53 a share. Revenue slumped 44 percent to $1 billion as the number of completed sales dropped 31 percent.
Results missed Street estimates

Nov 20 · 1:21:00 PM · Source: Company News
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by Larry Etter

America's Car-Mart Inc. (CRMT)

America's Car-Mart said its fiscal second quarter net income attributable to common shareholders increased to $6.3 million or $0.53 per share from $3.87 million or $0.33 per share in the previous year. Total revenues for the quarter grew 14.7% to $82.56 million from $71.98 million in the same quarter last year. Three analysts estimated revenues of $80.56 million for the quarter.

Nov 20 · 1:15:00 PM · Source: Company News
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by Larry Etter

AnnTaylor Stores Corporation (ANN)

New York-based retailer Ann Taylor said Friday it posted net income of $2.07 million or $0.03 per share for the third quarter, compared to a net loss of $13.45 million or $0.24 per share in the prior-year quarter. Net sales for the quarter dropped to $462.41 million from $527.22 million last year. Comparable-store sales decreased 13.7%.
Net sale missed Street estimate of $473.85 million.

Nov 20 · 1:01:00 PM · Source: Company News Release
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by Larry Etter

Time Warner (TWX)

AOL plans to cut 2,500 jobs, a third of their work force as it prepares to spin off from Tine Warner next month.
AOL's legacy dial-up Internet access business has been fading for many years. It's business is profitable, but profits are declining.

Nov 19 · 3:20:00 PM · Source: Yahoo Finance
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by Rich Pike