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DAILY EARNINGS

Burlington Stores, FactSet Net Surge; Arcos Dorados Net Tumbles


Author: Mukesh Buch
ticker.com
Last Update: 9:53 AM ET March 17 2015

12:30 AM New York Arcos Dorados fourth-quarter net tumbled 69% to $10 million. Burlington Stores fourth-quarter net soared 49% to $95 million. DSW fourth-quarter net jumped 8% to $31 million. FactSet Research second-quarter net soared 18% to $62 million.

Tollbooth Index fell 0.2% or 21.47 to 10,643.49.

Earnings Review

Arcos Dorados Holdings Inc (ARCO), the Argentina-based restaurant said net revenues in the fourth-quarter ending in December dropped 12.7% to $913.6 million from a year ago period.

Net income in the quarter tumbled 68.8% to $10 million or 5 cents per diluted share compared to $32.1 million or 15 cents from the same quarter last year.

Burlington Stores, Inc. (BURL), the branded apparel retailer reported net revenues in the fourth-quarter ending in December jumped 11.3% to $151.1 million from a year ago period. Comparable store sales in the quarter increased 6.7%.

Net income in the quarter soared 48.9% to $94.7 million compared to $63.6 million from the same quarter last year.

DSW Inc. (DSW), the footwear and accessories retailer stated net revenues in the fourth-quarter ending in December advanced 5.4% to $2.5 billion from a year ago period. Comparable store sales in the quarter rose 1.8%.

Net income in the quarter jumped 8.1% to $30.8 million or 34 cents per diluted share compared to $28.1 million or 30 cents from the same quarter last year.

FactSet Research Systems Inc. (FDS), the financial information provider said net revenues in the second-quarter ending in February jumped 9.2% to $247.8 million from a year ago period.

Net income in the quarter climbed 17.6% to $61.6 million or $1.46 per diluted share compared to $52.4 million or $1.22 from the same quarter last year.
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc