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Earnings News

• AnnTaylor posts surprise quarterly profit (Reuters)

  Reuters - Women's clothing retailer AnnTaylor Stores Corp reported a surprise quarterly profit on Friday, helped by tight inventory management and improved merchandise.

• Pall fiscal 2Q profit falls short of expectations (AP)

  AP - Pall Corp. on Thursday posted a 28 percent rise in its fiscal second-quarter profit, but still fell short of Wall Street estimates.

• Quiksilver narrows loss in 1Q (AP)

  AP - Quiksilver Inc. reported late Thursday that its first-quarter loss narrowed .

• Earnings roundup: Xoma, Pacific Sunwear (AP)

  AP - Among the earnings stories for Thursday, March 11, from AP Financial News:

• Ulta Salon expects earnings and sales growth (AP)

  AP - Ulta Salon Cosmetics & Fragrance Inc. on Thursday said it expects its earnings per share to double or nearly double in its fiscal first quarter compared with a year ago.

• Ulta Salon quarterly profit jumps (AP)

  AP - Ulta Salon Cosmetics & Fragrance Inc. on Thursday said its fourth-quarter profit rose 65 percent as its sales and merchandise margins improved.

• SkillSoft 4Q net income falls 16 pct (AP)

  AP - SkillSoft PLC, an education software company that has agreed to be taken private, said Thursday its fourth-quarter net income fell 16 percent from a year earlier, when it benefited from a tax windfall.

• Xoma 4Q profit falls as contract revenue tumbles (AP)

  AP - Biotechnology company Xoma Ltd. said Thursday its fourth-quarter profit fell as its contract revenue dipped.

• Pacific Sunwear widens loss in 4Q (AP)

  AP - Clothing chain Pacific Sunwear of California Inc. reported late Thursday that its fourth-quarter loss widened as sales fell.

• Storms cut Air Methods 4Q profit by 27 percent (AP)

  AP - Air Methods Corp., which provides emergency medical air transportation, said Friday that its fourth-quarter profit fell 27 percent as severe weather led providers to cancel patient transports.

• Smith & Wesson quarterly profit flat (AP)

  AP - Firearms maker Smith & Wesson Holding Corp. on Thursday reported almost flat third-quarter profit, hurt by lower gun demand but helped by an acquisition.

• Books-A-Million 4Q profit up, will pay dividend (AP)

  AP - Chain book store Books-A-Million Inc. reported Thursday that its profit edged up slightly in the fourth quarter despite a drop in sales.

• Kratos reports 4Q profit (AP)

  AP - Defense contractor Kratos Defense & Security Solutions Inc. reported a fourth-quarter profit Thursday.

• At a Glance: Smithfield Foods 3Q results (AP)

  AP - Weak demand has hurt Smithfield Foods for some time, and the company cut production during its third quarter, which further hurt sales. But the company says trends are improving, and it saw gains in some areas.

• Summary Box: Smithfield Foods 3Q results (AP)

  AP - RECOVERY: Smithfield Foods Inc., the nation's largest hog producer and pork processor, reported a profit in its third quarter after more than a year of losses.

• SMTC Corp. moves to profit in 4th quarter (AP)

  AP - SMTC Corp. on Thursday said it moved to a quarterly profit, which sent shares of the electronics manufacturing services provider higher.

• Smithfield Foods sees profit in 3Q, tops forecasts (AP)

  AP - Smithfield Foods Inc., the nation's largest hog producer and pork processor, reported a profit on Thursday for its third quarter after more than a year of losses.

  
  

• Willbros posts 4Q loss as revenue tumbles (AP)

  AP - Willbros Group Inc., an engineering and construction company, reported Thursday a narrower fourth-quarter loss as it cut costs as its revenue fell by more than half.

• Jackson Hewitt swings to fiscal 3rd-quarter loss (AP)

  AP - Jackson Hewitt Tax Service Inc. on Thursday said it moved to a quarterly loss, hurt by one-time charges and lower sales, partly due to the problems with a key program ahead of tax season.

• Imax posts 4Q profit, reversing loss (AP)

  AP - Giant-screen movie technology company Imax Corp. posted a fourth-quarter profit Thursday, reversing a year-ago loss on a sharp jump in its movie theater equipment sales and rentals.