12:30 AM New York – AutoZone first-quarter net jumped 9% to $238 million. Argan third-quarter net rose 4% to $12 million. Burlington Stores third-quarter net loss widened to $34 million. Conn''s third-quarter net swung to a loss but revenues surged 19%. H & R Block second-quarter net loss widened to $112 million.
Tollbooth Index fell 0.5% or 51.57 to 9,869.08.
), the auto parts retailer and distributor said net sales in the first-quarter ending on November 22 soared 8% to $2.3 billion from a year ago period. Domestic same-store sales in the quarter climbed 4.5%.
Net income in the quarter jumped 9.3% to $238.3 million or $7.27 a diluted share compared to $218.1 million or $6.29 from a same quarter last year.
), the engineering construction company said revenues in the third-quarter ending in October more than doubled to $127.6 million form a year ago period.
Net income in the quarter increased 4.2% to $12.4 million or 84 cents a diluted share compared to $11.9 million or 83 cents from a same quarter last year.
Burlington Stores Inc
), the discount retailer reported net sales in the third-quarter ending on November 1 advanced 8.7% to $1.17 billion from a year ago period. Comparable store sales in the quarter surged 5.2%.
Net loss in the quarter widened to $34.2 million compared to $16.9 million and adjusted diluted earnings per share increased to 16 cents from 5 cents a same quarter last year.
), the specialty retailer stated revenues in the third-quarter ending in October surged 19% to $370.1 million form a year ago period. Same-store sales in the quarter slipped 1.0%.
Net in the quarter swung to a loss of $3.1 million or 8 cents a diluted share compared to profit of $24.4 million or 66 cents from a same quarter last year.
H & R Block Inc
), the tax and banking service provider reported revenues in the second-quarter ending in October edged up 0.7% to $134.6 million form a year ago period.
Net loss in the quarter widened to $112 million or 41 cents a diluted share compared to $104.9 million or 39 cents from a same quarter last year.
Verizon Communications Inc
), the wireless communication service provider forecasted stronger than expected wireless customer growth in the fourth-quarter.
Verizon estimated 9.5% current post-paid subscriber will upgrade to a new device in the fourth quarter compared to an upgrade rate of 7.4% in the same period a year ago.
The company reiterated capital spending for 2014 is estimated to be about $17 billion.