10:45 AM New York – Cyberonics fourth quarter net surged 57% to $11 million. Guidewire Software third quarter net plunged 89% to $3.1 million. Ulta Salon first quarter net soared 49.7% to $34.9 million. Village Super Market third quarter net surged three folds to $6.54 million. Vail Resorts third quarter net rose 3.5% to $79.6 million.
Earnings Review
Bob Evans Farms Inc. (
BOBE), the restaurant operator said sales in the fourth quarter ending on April 27 fell 1.2% to $413.5 million compared to $418.7 million in the prior year. Net income in the quarter soared 20% to $22 million or 76 cents per diluted share compared to net income of $18.4 million or 60 cents per share last year.
Brown-Forman Corporation ((BF.B)), the alcoholic beverage maker stated net sales in the fourth quarter ending in April rose 1% to $801.3 million from $791.3 million a year earlier. Net income in the quarter declined 37% to $104.5 million or 73 cents per diluted share compared to net income of $165.4 million or $1.13 per share a year ago.
Cyberonics, Inc. (
CYBX), the medical devices maker reported net revenues in the fourth quarter ending on April 27 grew 13% to $58 million compared to $51 million in the same period last year. Net income in the quarter surged 57% to $11 million or 38 cents per diluted share compared to $7 million or 26 cents per share a year ago.
Fastenal Company (
FAST), the industrial and construction equipments supplier said net sales in May increased 18.4% to $274.8 million compared to $232.0 million from a year ago month. Daily sales grew 13.1% to $12.5 million compared to $11.0 million from a year ago month.
Guidewire Software, Inc. (
GWRE), the system software maker reported total revenues in the third quarter ending in April increased 28% to $57 million compared to $44 million in the same period last year. Net income in the quarter plunged 89% to $3.1 million or 5 cents per diluted share compared to $29.4 million or 66 cents per share a year ago earlier.
Iron Mountain Inc (
IRM), the document management services provider approved the plan to convert to Real Estate Investment Trust. Separately, the company announced an 8% increase in its next six regular quarterly dividend and the quarterly dividend of 27 cents per share will be payable on July 13.
Mattress Firm Holding Corp. (
MFRM), the specialty retailer reported net sales in the first quarter ending on May 1 surged 38.1% to $209.8 million compared to $151.9 million in the same period last year. Comparable store sales increased 6.1%.
Net income in the quarter plunged 89% to $1 million or 5 cents per diluted share compared to $10 million or 29 cents per share a year ago period.
The Home Depot, Inc (
HD), the home improvement retailer reaffirmed its sales and diluted earnings-per-share guidance for fiscal 2012. The company still expects sales to be up approximately 4.6% for the year on a 53 week basis and diluted earnings per share increase approximately 17% to $2.90 for the year.
Ulta Salon, Cosmetics & Fragrance, Inc. (
ULTA), the beauty products retailer reported net sales in the first quarter ending on April 28 increased 22.8% to $474 million compared to $386 million in the same period last year. Net income in the quarter soared 49.7% to $34.9 million or 54 cents per diluted share compared to $23.3 million or 37 cents per share a year ago quarter.
Village Super Market, Inc. (
VLGEA), the grocery retailer reported net sales in the third quarter ending on April 28 increased 9.6% to $347 million compared to $316.6 million in the same period last year. Net income in the quarter surged three-fold to $6.54 million or 47 cents per diluted share compared to $1.67 million or 12 cents per share a year ago period.
Vail Resorts, Inc. (
MTN), the resort operator said total revenue in the third quarter ending in April edged down 0.2% to $421.1 million compared to $422.1 million last year. Net income in the quarter increased 3.5% to $79.6 million or $2.17 per share compared to net income of $76.9 million or $2.08 per share in the comparable quarter a year ago.