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DAILY EARNINGS

Carnival, CarMax Net Jump


Author: Mukesh Buch
ticker.com
Last Update: 12:13 PM ET September 23 2014

12:30 AM New York Ascena Retail fourth-quarter net increased 1% to $16 million. Carnival third-quarter net surged 37% to $1.3 billion. CarMax second-quarter net soared 10% to $155 million. Ennis second-quarter net rose 2% to $10 million.

Tollbooth Index fell 0.1% or 13.14 to 9,354.64.

Earnings Review

Ascena Retail Group Inc (ASNA), the specialty retailer said net sales in the fourth-quarter ending on July 26slipped 1.7% to $1.18 billion from a year ago period.

Net income in the quarter increased 1.3% to $15.7 million or 10 cents a diluted share compared to $29.8 million or 18 cents from a same quarter last year.

Carnival Corporation (CCL), the cruise operator reported revenue in the third-quarter ending in August jumped 4.6% to $4.95 billion from a year ago period.

Net income in the quarter surged 36.7% to $1.25 billion or $1.60 a diluted share compared to $934 million or $1.20 from a same quarter last year.

CarMax, Inc (KMX), the car dealer said net sales in the second-quarter ending in August climbed 10.9% to $3.60 billion from a year ago period.

Net earnings in the quarter soared 10.2% to $154.5 million or 70 cents a diluted share compared to $140.3 million or 62 cents from a same quarter last year.

The company said used unit sales in comparable stores increased 0.2% and total used unit sales rose 6.3%. Total wholesale unit sales climbed 7.4% and new vehicles sales surged 18%.

Ennis, Inc (EBF), the printing service provider stated net sales in the second-quarter ending in August jumped 12.2% to $151.8 million from a year ago period.

Net earnings in the quarter rose 2% to $10 million or 39 cents a diluted share compared to $9.8 million or 38 cents from a 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