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Used car chain CarMax's 2Q profit up 10 percent

2014-09-23 20:41:32| Auto Dealers - Topix.net

Used car dealership chain CarMax Inc.'s profit jumped 10 percent in its fiscal second-quarter despite slowing sales at stores open at least one year. Its earnings missed Wall Street expectations, and the company's shares fell more than 7 percent in morning trading Tuesday.

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CarMax misses 2Q profit forecasts

2014-09-23 20:41:31| Auto Dealers - Topix.net

On a per-share basis, the Richmond, Virginia-based company said it had profit of 70 cents. Earnings, adjusted for non-recurring gains, came to 64 cents per share.

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US: Ennis books "pleasing" Q2 profit rise

2014-09-23 17:17:00| Daily apparel & textile news and comment - from just-style.com

Higher sales have helped diversified apparel business Ennis Inc to an increase in second-quarter net profit, although the company says it continues to be impacted by "a challenging domestic retail environment."

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US: Ascena Q4 profit slumps as sales dip

2014-09-23 14:48:00| Daily apparel & textile news and comment - from just-style.com

Fashion business Ascena Retail Group recorded a much-reduced fourth quarter adjusted profit after suffering a slight sales decline in the three months to 26 July.

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HONG KONG: Esprit returns to FY profit as business stabilises

2014-09-23 14:41:00| Daily apparel & textile news and comment - from just-style.com

Hong Kong-listed fashion brand Esprit has turned a corner on its road to recovery, with a return to full-year profit thanks to stabilising sales, reduced costs and improved inventory levels.

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