Wednesday, March 30, 2011

Earnings Roundup: FDO, SIG, JOSB


Family Dollar Stores Inc. (NYSE: FDO) reported Wednesday that its second-quarter net income rose to $123.2 million, or 98 cents a share, from $112.2 million, or 81 cents a share, in the year-earlier quarter. Revenue grew 8% to $2.26 billion from $2.1 billion. Analysts, on average, expect the company to report earnings of 97 cents per share on revenue of $2.27 billion.

Signet Jewelers Limited (NYSE: SIG) said that its fourth-quarter net income dropped to $105.4 million or 1.21 per share from $115.5 million or $1.34 per share in the previous year. On an adjusted basis, the company earned $1.55 per share in the latest quarter. Revenue grew  6 percent from last year to $1.27 billion. Analysts, on average, expected the company to report earnings of $1.54 per share on revenue of $1.27 billion.

Jos. A Bank Clothiers Inc. (NASDAQ: JOSB) reported Wednesday that its fourth-quarter net income climbed to $40.95 million or $1.47 per share, from prior year's $35.46 million or $1.28 per share. Revenue increased to $318.32 million from prior year's $279.35 million. Analysts, on average, expected the company to report earnings of $1.44 per share on revenue of $305.73 million.

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