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DAILY EARNINGS

Macy's Net Surges; ADT, Energizer, Fossil Net Fall


Author: Mukesh Buch
ticker.com
Last Update: 11:54 AM ET November 12 2014

12:30 AM New York ADT fourth-quarter net tumbled 15% to $82 million. Energizer fourth-quarter net plunged 19% to $85 million. Fossil third-quarter net declined 16% to $104 million. Macy''s third-quarter net soared 23% to $217 million. Rockwell Automation fourth-quarter net climbed 15% to $249 million.

Tollbooth Index slid 0.06% or 5.64 to 9,806.54.

Earnings Review

ADT Corp (ADP), the electronic security system provider said revenues in the fourth-quarter ending in September increased 4.4% to $883 million from a year ago period.

Net income in the quarter tumbled 14.6% to $82 million or 47 cents a diluted share compared to $96 million or 96 cents from a same quarter last year.

Energizer Holdings, Inc (ENR), the personal care products maker reported net sales in the fourth-quarter ending in September soared 7.1% to $1.14 billion from a year ago period.

Net income in the quarter plunged 18.9% to $85.2 million or $1.36 a diluted share compared to $105.1 million or $1.66 from a same quarter last year.

Fossil Group Inc (FOSL), the consumer fashion accessory designer net sales in the third-quarter ending on October 4 soared 10.4% to $894.5 million from a year ago period.

Net income in the quarter declined 15.6% to $103.7 million or $1.96 a diluted share compared to $89.7 million or $1.58 from a same quarter last year.

The J.M. Smucker Company (SJM), the branded food products maker forecasted net sales in the second-quarter ending in October to drop 5% and net income per diluted share to increase of $1.55 from $1.46 in the same quarter a year ago.

Macy''s, Inc (M), the department stores operator reported total sales in the third-quarter ending on November 1 fell 1.3% to $6.20 billion from a year ago period. Comparable store sales in the quarter decreased 1.4%.

Net income in the quarter soared 22.6% to $217 million or 61 cents a diluted share compared to $177 million or 47 cents from a same quarter last year.

Pinnacle Foods Inc (PF), the frozen food distributor stated net sales in the third-quarter ending on September climbed 9% to $624 million from a year ago period.

Net income in the quarter surged 234.1% to $135.9 million or $1.16 a diluted share compared to $40.7 million or 35 cents from a same quarter last year.

Rockwell Automation (ROK), the electrical equipment provider said total sales in the fourth-quarter ending in September jumped 3.9% to $1.78 billion from a year ago period.

Net income in the quarter climbed 15.5% to $248.7 million or $1.79 a diluted share compared to $215.3 million or $1.53 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