SITE SEARCH | NEWS | EARNINGS | CALENDARS | MUTUAL FUNDS
Sector Tables: Energy - Retail - Utilities - REIT - Banks - Brokerage - ETFs | Oil Data
Login | Subscribe to Ticker
Earnings Analysis: 
Atlantic & Pacific Tea Records a Profit
Author: 123jump.com Staff
123jump.com
Last Update: 1:38 PM EST January 09 2007



Email article | Print article

Volt Information fourth-quarter profit surged 62%, driven by strong results from company’s staffing services business. Supervalu third-quarter earnings jumped almost 51% because of company’s purchase of grocery chain Albertson''s. Greenbrier first-quarter earnings fell sharply, due to production difficulties and unexpected income delays. Great Atlantic & Pacific Tea posted a quarterly profit versus a net loss a year ago on a tax benefit related to the sale of its Canadian operations.

 
Volt Information Sciences Inc. (VOL: chart), staffing and information technology company, said that its fourth-quarter net earnings increased to $13.6 million, or 86 cents per share, compared with $8.36 million, or 54 cents per share, in the year-ago period. Revenue climbed to $610.2 million from $590.2 million in the same quarter last year.

Supervalu, Inc. (SVU: chart), supermarket chain, said that its third-quarter net income increased to $113 million, or 54 cents per share, compared with $75 million, or 53 cents per share, a year earlier. Results for the most recent quarter included 8 cents per share in one-time charges. Quarterly revenue jumped to $10.7 billion versus $4.7 billion in the year-ago period.

Greenbrier Cos. (GBX: chart), manufactures and services railroad freight cars, reported first-quarter earnings of $1.9 million, or 12 cents per share, compared with $8 million, or 51 cents per share, in the year-earlier period. Revenue jumped to $246.6 million versus $186.4 million in the year-ago period. The company said that a number of factors knocked 40 cents off the latest share earnings. Half that 40 cents was tied to thinner-than-expected profit margins from new rail-car and marine production.

Supermarket chain the Great Atlantic & Pacific Tea Company, Inc. (GAP: chart), stores operator, recorded a third-quarter profit of $41 million, or 97 cents per share, compared with a loss of $71 million, or $1.74 per share, a year earlier. U.S. sales declined to $1.54 billion versus $1.58 billion a year earlier. Comparable sales fell 3%, mainly due to the sales lift post Hurricane Katrina in its New Orleans operations and difficult economic conditions in company’s Midwest operations.
More: Earnings Archive

 

 
About Us | Contact Us | Privacy Policy | Disclaimer

©1999-2008 123jump.com. All rights reserved