Content about Finance

May 18, 2012

Foot Locker's first-quarter profit rose 36%, exceeding Wall Street predictions.

May 18, 2012

GameStop said that net income for the quarter ended April 28 slid to $72.5 million, from $80.4 million in the same period last year, negatively impacted by weakened demand in the video game market.

May 18, 2012

Hibbett Sports Inc. said that its fiscal first-quarter net income increased 24% on higher demand for sneakers and other athletic gear.

May 18, 2012

Kirkland's first-quarter profit dropped 38% amid promotions and price cuts.

May 18, 2012

Ann Inc.'s fiscal first-quarter net income increased a better-than-expected 5%, boosted by growing sales at its Loft division.

May 17, 2012

Aeropostale said that net income for the first quarter narrowed to $10.6 million, from $16.4 million in the same period last year.

May 17, 2012

The Buckle Inc. reported Thursday that profit for the quarter ended April 28 increased 13% to $37.8 million, compared with $33.5 million in the year-ago period, as shoppers spent more in the teen retailer’s stores and online.

May 17, 2012

Women’s apparel retailer Cato Corp. said that first-quarter profit rose 4% to $31.7 million, from $30.5 million last year, prompting the company to raise its full-year profit forecast.

May 17, 2012

The Children's Place reported that net income for the first quarter slid 19% to $23.6 million from $29.1 million last year, but beat Wall Street forecasts and prompted the retailer to raise the low end of its full-year outlook.

May 17, 2012

Gap Inc. said that profit for the quarter ended April 28 was flat compared with the year-ago period, but its results beat Wall Street forecasts and prompted the retailer to raise its outlook for the year.

May 17, 2012

Limited Brands Inc. reported a first-quarter profit of $124.6 million, compared with $165.2 million in the year-ago period. Results topped Wall Street estimates.

May 17, 2012

Pacific Sunwear of California reported a loss of $15.6 million, narrowed from a loss of $28.7 million in the year-ago period.

May 17, 2012

Ross Stores reported that net income for the first quarter surged 21% to $208.6 million, from $173 million in the same period last year.

May 17, 2012

Sears Holdings Corp. reported that it generated a profit of $189 million for the quarter ended April 28, after losing $170 million in the same period last year.

May 17, 2012

Stein Mart said that net income for the quarter ended April 28 slid 26% to $11.8 million, compared with $15.9 million in the same period last year.

May 17, 2012

Wal-Mart Stores Inc. reported a better-than-expected 9.2% increase in first-quarter profit on increased sales in the United States and a strong performance abroad.

May 17, 2012

Action sports retailer Zumiez Inc. reported that profit surged 140% to $4.5 million for the quarter ended April 28, compared with $1.9 million for the year-ago period.

May 16, 2012

Abercrombie & Fitch Co. reported a 88% decline in its first quarter profit, hurt in part by difficult market conditions in Europe.

May 16, 2012

Chico's FAS Inc. said that its fiscal first-quarter net income rose a better-than-expected 17% to 53.6 million in the three months through April 28, compared with $45.9 million a year ago.

May 16, 2012

Hot Topic reported net income in the first fiscal quarter of $3.8 million, compared with a net loss of $7.7 million for the year-ago period.

May 16, 2012

Publix Super Markets Inc. announced the promotion of Gino DiGrazia to VP finance.

May 16, 2012

Publix Super Markets Inc. announced the promotion of Gino DiGrazia to VP finance.

May 16, 2012

Staples Inc. said its first-quarter net income fell 6% to $187.1 million, compared to $198.2 million a year ago, hurt by weakness abroad.

May 16, 2012

The Talbots and Sycamore Partners extended the exclusivity period for the private equity firm's non-binding $214.6 million takeover offer to May 22.

© 2012