11:45 PM New York – United Natural Foods fourth-quarter net soared 12% to $40 million and revenues jumped 6%. Value Line fourth-quarter net tumbled 65.6% and revenues plunged 46%.
Tollbooth Index fell 16.79 to 12,534.02.
), after the yesterday’s conference financial services provider’s chief financial officer John C. Gerspach forecasted bank’s trading revenue in the third-quarter may slump 15% from a year ago period.
JPMorgan Chase & Co
), the investment banking and financial services provider’s chairman and chief executive officer James L. Dimon said at an industry conference estimated trading revenue in the third-quarter may decline by 20% from a year ago period.
United Natural Foods, Inc
), the specialty products retailer and distributor said revenues in the fourth-quarter ending on July 29 jumped 5.7% from a year ago to $2.3 billion.
Net income in the quarter soared 12.1% to $38.9 million or 76 cents per diluted share from $34.7 million or 69 cents in the same quarter last year.
The specialty retailer forecasted fiscal 2018 earnings per diluted share in the range of $2.67 to $2.77, an increase between 4.3% and 8.2% from the earnings per diluted share of $2.56 in the fiscal 2017.
Value Line, Inc
), the investment periodicals provider said revenues in the first-quarter ending in July plunged 46.4% from a year ago to $8.9 million.
Net income in the quarter tumbled 65.6% to $2.2 million or 23 cents per diluted share from $6.4 million or 65 cents in the same quarter last year.