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DAILY EARNINGS

Thor, Vail Resorts Net Jump; Men's Wearhouse Net Plunges


Author: Mukesh Buch
ticker.com
Last Update: 12:24 PM ET June 06 2014

10:45 AM New York Ė Cooper second-quarter net jumped 5% to $79 million. Men''s Wearhouse first-quarter net tumbled 50% to $17 million. Thor third-quarter net surged 26% to $55 million. VeriFone second-quarter net loss narrowed to $24 million. Vail Resorts third-quarter net climbed 21% to $118 million.

Earnings Review

The Cooper Companies, Inc (COO), the medical devices maker said revenue in the second-quarter ending in April increased 9% to $412.3 million.

Net income in the quarter jumped 5.4% to $79.2 million or $1.62 a diluted share compared to $75.1 million or $1.52.

Hurco Companies, Inc (HURC), the testing and measuring equipment maker said revenue in the second-quarter ending in April jumped 8% to $53.7 million.

Net income in the quarter gained 9% to $3.54 million or 54 cents a diluted share compared to $3.18 million or 48 cents.

The Men''s Wearhouse, Inc (MW), the menís apparel retailer reported total sales in the first-quarter ending onMay 3 rose 2.3% to $630.5 million. Comparable sales in the quarter increased 2.9% and Moores'' Canadian brand comparable sales soared 6%.

Net income in the quarter tumbled 50.1% to $16.5 million or 34 cents a diluted share compared to $33.1 million or 65 cents.

Piedmont Natural Gas Company, Inc (PNY), the energy services provider stated revenue in the second-quarter ending in April soared 16% to $462.2 million.

Net income in the quarter climbed 12% to $62.5 million or 80 cents a diluted share compared to $55.8 million or 74 cents.

Thor Industries, Inc. (THO), the recreation vehicles maker said net sales in the third-quarter ending in April climbed 12.9% to $1.05 billion.

Net income in the quarter surged 25.8% to $55.1 million or $1.03 a diluted share compared to $43.8 million or 82 cents.

VeriFone Systems Inc (PAY), the electronic payment solution provider reported revenue in the second-quarter ending in April jumped 9% to $466.4 million.

Net loss in the quarter narrowed to $23.9 million or 22 cents a diluted share compared to $58.4 million or 54 cents.

Vail Resorts, Inc (MTN), the ski resorts operator said total revenue in the third-quarter ending in April surged 15.6% to $543 million.

Net income in the quarter climbed 20.8% to $117.9 million or $3.18 a diluted share compared to $97.6 million or $2.66.
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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