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Earnings Analysis: 
Steak N Shake Quarterly Profit Falls 13%
Author: 123jump.com Staff
123jump.com
Last Update: 1:52 PM EST November 15 2006



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Steak N Shake fourth-quarter profit declined 13% from last year, while revenue increased. TII Network Technologies third quarter profit and revenue decreased. Daktronics second-quarter profit and sales rose. Tween Brands posted higher quarterly net income on higher revenue compared to a year-ago period. Talbots reported lower quarterly profit and higher revenue.

 
Steak N Shake Co. (SNS: chart), restaurant chain, said that its fourth-quarter net earnings declined to $7.5 million, or 27 cents per share, compared with $8.66 million, or 31 cents per share, in the year-ago period. Revenue increased to $152 million from $145.7 million in the same quarter a year earlier.

TII Network Technologies Inc. (TIII: chart), network protection and management products provider, said that its third-quarter net earnings fell to $399,000, or 3 cents per share, versus $1.52 million, or 12 cents per share, in the year-ago period. Revenue declined to $10.5 million from $11 million in the same quarter last year.

Daktronics Inc. (DAKT: chart), electronic display systems maker, said that its second-quarter net earnings increased to $8.89 million, or 22 cents per share, versus $5.19 million, or 13 cents per share, in the year-ago period. Revenue climbed to $123.5 million from $75.8 million in the year-ago period.

Tween Brands (TWB: chart), clothing retailer, said its third-quarter net income rose to $19 million, or 58 cents per share, from $16 million, or 48 cents per share. Revenue increased to $230.5 million from $203.5 million in the same quarter a year ago.

Talbots Inc. (TLB: chart), clothing store chain, said that its third-quarter net income declined to $8.1 million, or 15 cents per share, compared to a year-ago profit of $20 million, or 37 cents per share. Revenue increased to $568.6 million from $426.3 million in the same period a year earlier. Same-store sales increased 2.3% for the third quarter.
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