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DAILY EARNINGS

Express, G-III, OmniVision Net Climb


Author: Mukesh Buch
ticker.com
Last Update: 11:08 AM ET December 04 2013

10:45 AM New York Bob Evans second-quarter net fell 3% to $7 million. Express third-quarter net jumped 11% to $19 million. G-III Apparel third-quarter net soared 23% to $60 million. OmniVision second-quarter net surged 155% to $26 million. United Natural Foods first-quarter net soared 29% to $28 million.

Earnings Review

Bob Evans Farms, Inc. (BOBE), the restaurant company said net sales in the second-quarter ending on October 25 surged 19% to $332.6 million. Net income in the quarter fell 3.4% to $6.12 million or 23 cents a diluted share compared to $11.3 million or 40 cents.

The Descartes Systems Group Inc (DSGX), the Canada-based network provider stated total revenues in the first-quarter ending in October surged 19% to $38.8 million. Net income in the quarter plunged 72% to $2.2 million or 3 cents a diluted share compared to $7.8 million or 12 cents.

Express, Inc. (EXPR), the specialty retailer reported net sales in the third-quarter ending on November 2 advanced 7% to $503 million. Comparable store sales in the quarter gained 5%.

Net income in the quarter jumped 11% to $19.3 million or 23 cents a diluted share compared to $17.4 million or 20 cents.

G-III Apparel Group, Ltd. (GIII), the apparel products maker said net sales in the third-quarter ending in October climbed 23% to $668.7 million. Net income in the quarter soared 23% to $59.6 million or $2.85 a diluted share compared to $48.3 million or $2.37.

Guidewire Software, Inc. (GWRE), the software developer reported total revenue in the first-quarter ending in October advanced 5% to $66.5 million. Net in the quarter swung to a loss $10.6 million or 18 cents a diluted share compared to a profit of $0.45 million or 1 cent.

OmniVision Technologies, Inc (OVTI), the image-sensor devices maker revenues in the second-quarter ending in October rose 1.8% to $397.2 million. Net income in the quarter surged 155% to $26.3 million or 47 cents a diluted share compared to $10.3 million or 19 cents.

United Natural Foods, Inc (UNFI), the specialty food retailer reported net sales in the first-quarter ending on November 2 jumped 13% to $1.60 billion. Net income in the quarter soared 29% to $27.8 million or 56 cents a diluted share compared to $21.5 million or 43 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