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DAILY EARNINGS

DSW, Toll Brothers Net Jump; Workday Net Loss Widens


Author: Mukesh Buch
ticker.com
Last Update: 12:12 PM ET May 28 2014

10:45 AM New York Bank of Montreal second-quarter net climbed 14% to $1.1 billion. Cracker Barrel third-quarter net soared 17% to $29 million. DSW first-quarter net jumped 12% to $39 million. Toll Brothers second-quarter net surged 281% to $111 million. Workday first-quarter net loss widened to $59 million.

Earnings Review

Bank of Montreal (BMO), the financial services provider reported said revenue in the second-quarter ending in April increased 2.6% to $4 billion.

Net income in the quarter climbed 14.3% to $1.1 billion or $1.60 a diluted share compared to $962 million or $1.40.

Cracker Barrel Old Country Store, Inc. (CBRL), the restaurants operator reported total revenue in the second-quarter ending on May 2 rose 0.5% to $643.3 million. Comparable restaurant sales in the quarter fell 0.6%.

Net income in the quarter climbed 16.7% to $28.7 million or $1.20 a diluted share compared to $24.6 million or $1.02.

DSW Inc (DSW), the footwear and accessory retailer said sales in the first-quarter ending on May 4 slid 0.4% to $599 million. Comparable sales in the quarter dropped 3.7%

Net income in the quarter jumped 11.9% to $38.6 million or 42 cents a diluted share compared to $34.5 million or 38 cents.

RBC Bearings Incorporated (ROLL), the ball bearing maker stated net sales in the fourth-quarter ending on March 29 jumped 10.5% to $113.8 million.

Net income in the quarter climbed 71.7% $18.2 million or 78 cents a diluted share compared to $10.6 million or 46 cents.

Toll Brothers Inc (TOL), the home builder stated total revenue in the second-quarter ending in April climbed 59.9% to $1.50 billion.

Net income in the quarter surged 280.7% to $110.8 million or 60 cents a diluted share compared to $29.1 million or 17 cents.

Workday Inc (WDAY), the cloud-based applications developer reported total revenue in the first-quarter ending in April surged 74% to $159.7 million.

Net loss in the quarter widened to $59.4 million or 32 cents a diluted share compared to $33 million or 20 cents.

The Wet Seal, Inc (WTSL), the specialty retailer said net sales in the first-quarter ending on May 3 declined 16.9% to $116.7 million. Comparable sales in the quarter plummeted 16.9%.

Net in the quarter swung to a loss $21.8 million or 26 cents a diluted share compared to profit of $3.1 million or 3 cents.
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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