PALO ALTO, Calif.— Hewlett-Packard Co.' s earnings slipped in the latest quarter as the long-slumping technology company struggled to boosts its sales while preparing to split up its operations. That figure was a penny above the projections of analysts surveyed by Zacks Investment Research. Revenue for the period totaled $24.45 billion— about $340 million...
GREENSBORO, N.C. _ The Fresh Market Inc. on Thursday reported fiscal first-quarter net income of $15.2 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share. Fresh Market expects full-year earnings in the range of $1.85 to $1.93 per share.
NEW YORK— Shares of Aeropostale tumbled in aftermarket trading Thursday after the teen clothing retailer posted another quarterly loss, saying its first-quarter sales declined 20 percent. Aeropostale said its sales were hurt by problems with its merchandise assortment, a slowdown in work at West Coast ports and cold weather. Aeropostale shares dropped 51...
MOUNTAIN VIEW, Calif. _ Intuit Inc. on Thursday reported fiscal third-quarter profit of $501 million. Nine analysts surveyed by Zacks expected $2.15 billion. Analysts surveyed by Zacks had expected revenue of $737.1 million.
DUBLIN, Calif. _ Ross Stores Inc. on Thursday reported fiscal first-quarter net income of $282.2 million. Ross Stores expects full-year earnings to be $4.72 to $4.87 per share. Ross Stores shares have climbed almost 8 percent since the beginning of the year, while the Standard& Poor's 500 index has risen nearly 4 percent.
HP reported strong notebooks sales in its fiscal second quarter, adding that its planned split into two companies is on track.
SAN FRANCISCO _ Gap Inc. on Thursday reported fiscal first-quarter net income of $239 million. The average estimate of 15 analysts surveyed by Zacks Investment Research was also for earnings of 56 cents per share. Fifteen analysts surveyed by Zacks expected $3.7 billion.
NEW YORK— Gap Inc. reported an 8 percent decline in its first-quarter profit, as results were hurt by currency fluctuations and persistent sluggish sales at its Gap and Banana Republic stores. The San Francisco- based company, however, stuck with its annual profit outlook Thursday. The company's Old Navy brand has been a bright spot, while it's trying to turn...
May 21- Apparel retailer Gap Inc reported an 8 percent fall in quarterly profit, hurt by a stronger dollar, supply delays in the United States and lower demand for its namesake brand. Gap's Old Navy line, however, has drawn customers with its affordable-yet-trendy merchandise, helping it become the largest brand by sales in the company's portfolio.
CNBC's Courtney Reagan reports on Gap's quarterly results.
NetApp sank 9 percent early Thursday, the most in the Standard& Poor's 500 index, after reporting disappointing results. Dollar Tree fell 1 percent after reporting results that came in below analysts' expectations. U.S. benchmark crude was up $1.04 to $60.02 a barrel in New York.
ROANOKE, Va. _ Advance Auto Parts Inc. on Thursday reported first-quarter profit of $148.1 million. Advance Auto Parts expects full-year earnings in the range of $8.10 to $8.30 per share. Advance Auto Parts shares have dropped almost 6 percent since the beginning of the year.
BLOOMINGTON, Minn. _ Toro Co. on Thursday reported fiscal second-quarter net income of $93.8 million. On a per-share basis, the Bloomington, Minnesota- based company said it had profit of $1.64. This story was generated by Automated Insights using data from Zacks Investment Research.
JOHANNESBURG, May 21- South Africa's biggest private hospital group Mediclinic International reported a sharp slowdown in earnings growth on Thursday as regulations squeezed the profit margin of its Swiss unit. Mediclinic said its Hirslanden unit, the largest private hospital network in Switzerland, was hit by an adjustment of the national outpatient...
DURANGO, Colo. _ Rocky Mountain Chocolate Factory Inc. on Thursday reported fiscal fourth-quarter net income of $1.4 million. On a per-share basis, the Durango, Colorado- based company said it had profit of 22 cents. For the year, the company reported profit of $3.9 million, or 61 cents per share.
May 21- Best Buy Co Inc, the largest U.S. consumer electronics chain, reported better-than-expected quarterly profit and sales, helped by strong demand for smartphones and large-screen TVs. Best Buy said its revenue growth in the United States was driven by sales of mobile phones bundled with billing plans by telecom carriers. Best Buy's revenue from the United...
MILWAUKEE _ Brady Corp. on Thursday reported fiscal third-quarter profit of $17.2 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share. Three analysts surveyed by Zacks expected $295.9 million.
MONTE CARLO MC, Monaco _ Navios Maritime Holdings Inc. on Thursday reported a first-quarter loss of $30.8 million, after reporting a profit in the same period a year earlier. This story was generated by Automated Insights using data from Zacks Investment Research. Keywords: Navios Maritime Holdings, Earnings Report.
Some of the names on the move ahead of the open.
ROCHESTER, N.Y. _ Monro Muffler Brake Inc. on Thursday reported fiscal fourth-quarter earnings of $12.6 million. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 39 cents per share. Four analysts surveyed by Zacks expected $224.9 million.