Thursday Afternoon Earnings Roundup
New York City, The following is a roundup of companies reporting quarterly earnings today: Syndey, Neb.-based Cabela’s reported total revenue for the third quarter ended Oct. 1 increased 12.0% to another record of $429.8 million, compared to $383.8 million for the same period last year. The third quarter net income was $16.3 million, down slightly from $16.5 million for the same period a year ago. The net income for the third quarter was negatively impacted by the timing of promotional events, additional store pre-opening expenses and increased fuel prices, the company said. Brisbane, Calif.-based Bebe Stores made a 19% jump in quarterly net income on strong sales of its trendy fashions. The company reported a net income of $13.6 million, in the first quarter of fiscal 2006, compared with $11.4 million in the year-ago period. Bellevue, Wash.-based drugstore.com reported net sales of $96.6 million and a gross profit of $19.2 million, propelled by year-over-year net sales growth of 27% in its over-the-counter (OTC) segment (excluding wholesale OTC) and 19% in its mail-order pharmacy segment. Quincy, Mass.-based The J. Jill Group in the third quarter ended Sept. 24 reported a net sales increase of 8.5% to $103.0 million from $94.9 million reported in the prior year. The company generated an operating loss for the quarter totaling $4.9 million, compared to a $4.4 million operating loss in the prior year. The company posted a net loss for the quarter of $2.7 million, the same as last year.