David Jones Posts 2nd-Half Profit on Clothing Sales
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David Jones Ltd., Australia&#39;s second- largest department store, posted a second-half profit after increasing earnings at its credit card unit, selling more clothes and opening a store in Sydney&#39;s Bondi Junction.
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Clothing retailer Talbots Inc. reported a slight rise in second-quarter profit on Wednesday, lifted by an income-tax benefit and higher mail-order sales during the period.
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DuPont Co. , the No. 2 U.S. chemical company, on Tuesday reported lower-than-expected second-quarter profit due to lower U.S. volumes coupled with higher energy and raw material costs.
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Department store operator J.C. Penney  Co. Inc. JCP.N on Tuesday posted a second-quarter profit,  reversing a year-earlier loss, helped by inventory controls and  strong department store sales.
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The No. 2 grocer reports double-digit gains in sales and earnings after recent acquisitions.
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Department store operator J.C. Penney  Co. Inc. JCP.N on Tuesday posted a second-quarter operating  profit, reversing a year-earlier loss, helped by inventory  controls and strong department store sales.
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Men's apparel retailer JoS. A. Bank Clothiers Inc. reported Thursday that double-digit same-store sales gains, as well as continued strength in catalog and Internet sales, drove second-quarter earnings up 75 percent to beat Wall Street expectations.
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Australian supermarket giant, Woolworths, beat forecasts on Monday with a 12 per cent rise in second-half profit on vigorous cost savings and its ability to drive margins despite a competitive onslaught.
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The retailer reports another quarter of double-digit sales growth.
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Nike Inc., the world&#39;s largest shoemaker, on Thursday said its profit grew 46 percent in the second quarter as its sales gained traction in the US, Chinese, Russian and Turkish markets.
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Apple announced second quarter financial results, with revenue of $5.26 billion and a net profit of $770 million, or $.87 per diluted share. These results compare to revenue of $4.36 billion and a net profit of $410 million, or $.47 per diluted share, in the year-ago quarter. Gross margin was 35.1%, up from 29.8% a year ago. International sales accounted for 43% of revenue.
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The company reported strong second-quarter results and said its profits for all of 2007 would beat analystsâ expectations.
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Upmarket department store retailer David Jones posted its strongest result in eight years for the last financial year, the company said Tuesday.
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ATLANTA -- Delta Air Lines Inc., the nation's third-largest carrier, cited a 5.5 percent gain in sales as it reported Wednesday that it swung to a profit in the second quarter, which saw it emerge from bankruptcy after shaving billions of dollars in costs.
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The luxury goods maker LVMH MoÃ«t Hennessy Louis Vuitton posted a sharp increase in its first-half earnings, helped by more stable international currency markets and strong sales from its wines and spirits, fashion and leather goods, and perfumes and cosmetic divisions. The company reported a first-half net profit of 817 million euros ($1.05 billion), up 46 percent from 559 million euros in the period last year. Operating profit jumped to 1.26 billion euros ($1.61 billion), up 35 percent from 935 million euros ($1.19 billion), the company said. LVMH, which is based in Paris, also reported a 13 percent jump in its first-half revenue to 6.97 billion euros ($8.92 billion), up from 6.17 billion euros a year earlier.
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Department store operator J.C. Penney Co. Inc. (JCP.N) on Tuesday posted a second-quarter profit, reversing a year-earlier loss, helped by inventory controls and strong department store sales.
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NEW YORK (CBS.MW) -- Nike Inc. said late Thursday that strong domestic sales, coupled with increased demand from developing markets and a stronger euro, propelled robust second-quarter profit gains.