Content about Generally Accepted Accounting Principles

November 7, 2012

Macy’s reported a better-than-expected 4.3% increase in third-quarter net income, helped by sales gains, and slightly raised its full-year profit outlook.

January 12, 2012

Fast Retailing Co., operator of the Uniqlo apparel chain, reported a net profit of $405.3 million for the first quarter, a 37% rise that the company said was due in large part to a change in accounting methods.

December 1, 2011

Kroger Co. raised its full-year forecast and also projected earnings growth for its next fiscal year that was ahead of long-term goals even as its profit slipped 2% in the third quarter.

November 18, 2011

Kirkland’s net profit in its fiscal third quarter as operating expenses and cost of sales rose, and same-store sales declined. But its results still beat Wall Street's expectations.

October 5, 2011

Research results released by American Express found that more than a third (38%) of small business owners believe that the U.S. is still in the throes of a recession.

September 13, 2011

Neiman Marcus Group reported a fiscal fourth-quarter loss on debt-related expense and slightly lower margins, even as its revenue rose 11%.

June 17, 2011

Kroger Co. reported double-digit jumps in first-quarter revenue and net income, as the chain's fuel stations and loyalty discounts helped draw more frequent shoppers.

June 2, 2011

Charming Shoppes said Thursday that its first-quarter net income more than quintupled, but its revenue was flat and the profit rise was driven largely by cost cutting.

May 26, 2011

Guess Inc. beat first-quarter revenue expectations, even though it also reported a 15% decline in net income. The company said net income fell to $42.7 million in the quarter ended April 30, compared with $50.3 million in the year-ago period.

April 13, 2011

By Dwayne Shackelford, principal, Huntley, Mullaney, Spargo & Sullivan, Inc.

March 15, 2011

Williams-Sonoma announced that net revenues for fourth quarter 2010 increased 9.7% to $1.195 billion versus $1.09 billion in fourth quarter 2010, including Internet net revenue growth of 27.2% and a comparable-store sales increase of 5.2%.

March 11, 2011

Kirkland's Inc. said Thursday that its fourth-quarter profit fell about 35% as its sales softened.

February 24, 2011

Kohl's Corp. reported Thursday that its fourth quarter net earnings rose 14% and the board authorized the first dividend in the company's history.

February 9, 2011

Depreciation is a commonly misunderstood area of accounting for property owners. In particular, many shopping center owners fail to approach it in the most advantageous way.

August 25, 2010

Discount merchant Fred's said Thursday it recorded a 17% jump in second-quarter net income to...

August 18, 2010

Staples reported Thursday that its net income for the quarter ended July 31 rose 40%...

June 24, 2010

The Finish Line said Thursday it recorded a profit in its fiscal first quarter as...

June 16, 2010

Pier 1 Imports reported on Thursday that revenue and same-store sales rose in the first...

May 16, 2010

QKL Stores' first-quarter net income nearly tripled, helped by higher revenue....

May 11, 2010

Arden Group, parent company of supermarket operator Gelson's Markets, said Wednesday that its first-quarter net...

May 6, 2010

Haverty Furniture Cos. swung to a profit in the first quarter, helped by rising sales...

May 5, 2010

Cabela's on Tuesday reported a 57% increase in first-quarter net income, helped by soaring revenue...

January 20, 2010

Blockbuster said it expects to report a net loss in the range of $183 million...

October 12, 2009

Pier 1 Imports said that same-store sales rose 9.9% in September as customer traffic improved....

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