Jo-Ann Stores announces record fourth quarter and fiscal year 2010
Jo-Ann Stores Inc., Hudson, Ohio, announced financial results for its fiscal 2010 fourth quarter and full year ended Jan. 30, 2010. Net income for the quarter was $37.1 million versus net income of $20.4 million for the fourth quarter last year. The prior year fourth quarter net income included a $1.3 million after-tax gain related [...]
myPhotopipe.com reports record start to 2010
myPhotopipe.com Inc., Atlanta, Ga., an online provider of digital photo processing, photo finishing, photo-sharing, and related services, announced preliminary sales results for the first two months of 2010.
Revenues increased 3.7 percent to $214,450 through Feb. 28, 2010, compared with $206,737 in the corresponding period of the previous year. February revenues rose 14.1 percent to $101,284, [...]
Spector announces audited results
The Spector Photo Group, Wetteren, Belgium, announced the audited results for fiscal 2009. Total sales declined 8.3 percent to Euro 243.98 million (US-$ 331.63 million), earnings from operations dropped 87.5 percent to Euro 0.62 million (US-$ 0.84 million), resulting in a group loss of Euro 3.79 million (US-$ 5.15 million) compared with Euro 7.75 million [...]
JCPenney, PriceSmart report February sales increases
J. C. Penney Co. Inc., Plano, Texas, reports comparable store sales increased 1.2 percent for the four-week period ended Feb. 27, 2010. In last year’s February period, comparable store sales decreased 8.8 percent. Total Company sales in February increased 1.5 percent.
Geographically, the southeast region was the best performing region in February, while the northeast region [...]
BJ’s Wholesale Club announces fourth quarter and full year results
BJ’s Wholesale Club, Natick, Mass., reported for the fourth quarter ended Jan. 30, 2010, total sales increased by 9.4 percent to $2.74 billion, and comparable club sales increased by 4.6 percent, including a contribution from sales of gasoline of 2.3 percent. For the year ended Jan. 30, 2010, total sales rose by 1.6 percent to [...]
Staples sales rise, net income declines
Staples Inc., Framingham, Mass., reports its sales for the fourth quarter 2009 increased 4 percent to $6.4 billion compared to the fourth quarter of 2008; however net income for the fourth quarter 2009 declined 18 percent year over year to $234 million.
The company says it “laid a solid foundation for growth in our technology services [...]
Costco February sales rise 11 percent year-over-year
Issaquah, Wash.-based retailer Costco reports net sales of $5.61 billion for the four weeks ended Feb. 28, 2010 — an increase of 11 percent from $5.06 billion in the same four-week period of the prior fiscal year.
Costco adds that its operating results for the second quarter overall show net sales also increased eleven percent, to [...]
Rimage improves sales, expands markets
Digital publishing systems provider Rimage reports improved fourth quarter operating results, citing a nearly 26 percent increase in sales of its high-end Producer disc publishing hardware, which included an $800,000 order shipped to the Department of Justice for its new video surveillance data archiving system.
Developed in partnership with a surveillance software provider, Rimage says its [...]
Target announces fourth quarter and fiscal 2009 earnings
Target Corp., Minneapolis, Minn., reported net earnings of $936 million for the quarter ended Jan. 30, 2010, compared with $609 million in the quarter ended Jan. 31, 2009.
Sales increased 3.7 percent in the fourth quarter to $19.7 billion in 2009 from $19.0 billion in 2008, due to the contribution from new stores and a 0.6 [...]
CeWe Color exceeds earnings targets for 2009
CeWe Color Holding AG, Oldenburg, Germany, has announced it nearly doubled its operating profit from Euro 7.7 million to Euro 15.2 million in the fourth quarter of 2009, significantly exceeding the management‘s expectations. Compared with the year-ago period, earnings before taxes (EBT) grew by 97 percent to a record level of Euro 15.2 million. According [...]
