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DAILY EARNINGS

RH Net Swing to Profit, Lands' End Net Loss Narrows


Author: Mukesh Buch
ticker.com
Last Update: 1:05 PM EDT June 12 2018

11:45 PM New York Casey`s General Stores fourth-quarter net tumbled 36% to $19 million. John Wiley & Sons fourth-quarter net soared 16% to $54 million. Lands'' End first-quarter net loss narrowed to $3 million. RH first-quarter net swung to profit $28 million.

Tollbooth Index increased 71.99 or 0.5% to 15,475.84 but for the year-to-date soared 12.5%.

Earnings Review

Casey`s General Stores Inc (CASY), the convenience stores operator said total revenues in the fourth-quarter ending in April soared 12.9% from a year ago to $2.1 billion.

Net income in the quarter tumbled 35.9% to $19.3 million or 51 cents per diluted share from $30.1 million or 76 cents in the same quarter last year.

John Wiley & Sons Inc ((JW.A)), the academic journals, encyclopedias and books publisher reported revenues in the fourth-quarter ending in April jumped 5.5% from a year ago to $477.3 million.

Net income in the quarter soared 15.8% to $54.1 million or 93 cents per diluted share from $46.7 million or 81 cents in the same quarter last year.

Lands'' End, Inc (LE), the casual apparel, accessories, footwear and home products retailer said revenues in the first-quarter ending on May 4 soared 11.7% from a year ago to $299.8 million.

Same store sales in the quarter plunged 18.9% and same store sales in Lands'' End Shops at Sears locations plummeted 20.4% while same store sales in company operated stores declined 9.9%.

Net loss in the quarter narrowed to $2.6 million or 8 cents per diluted share from $7.8 million or 24 cents in the same quarter last year.

RH (RH), the luxury furniture and home furnishing retailer reported revenues in the first-quarter ending on May 5 fell 0.8% from a year ago to $557 million.

Comparable brand revenue in the quarter increased 1%.

Net in the quarter swung to profit $28.1 million or $1.11 per diluted share from a loss of $3.4 million or 9 cents in the 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