Content about Generally Accepted Accounting Principles

March 11, 2014

New York -- Dick’s Sporting Goods reported consolidated net income of $138.6 million, for the 13-week period ended Feb. 1. Results also exceeded the company’s performance in last year’s fourth quarter, which had an additional week. For the 14-week period ended Feb. 2, 2013, the company reported consolidated net income of $129.7 million.

March 7, 2014

Net income and sales declined at Big Lots Inc. during the fourth quarter of fiscal 2013 as compared to the same quarter in the prior fiscal year. N

February 26, 2014

Big 5 Sporting Goods Corp. released mostly positive financial results for the fourth quarter and fiscal year 2013.

February 21, 2014

J. Jill is reportedly in the process of hiring bankers to assist in a possible sale of the company.

January 30, 2014

Tractor Supply Company reported increased net income and sales for the fourth quarter and fiscal year 2013, compared to the same periods a year earlier.

December 20, 2013

Finish Line reported net earnings of $1.59 million in the third quarter of fiscal 2014, a return to profitability after reporting a net loss of $809,000 in the same period of the prior fiscal year.

December 4, 2013

Express Inc. reported net income of $19.3 million for the quarter ended Nov. 2, an 11% rise over last year’s $17.4 million profit.

November 14, 2013

Dillard’s reported moderate growth in net income and sales during the third quarter of fiscal 2013.

November 8, 2013

Gap Inc. reported increased net and same-store sales during the third quarter of fiscal 2013 in a partial financial release.

September 26, 2013

Bed, Bath & Beyond, Inc. reported year-over-year increases in net income, net sales and same-store sales during the second quarter of fiscal 2013.

August 28, 2013

Express Inc. reported a profitable second quarter of fiscal 2013, with year-over-year increases in net income, net sales and same-store sales.

July 31, 2013

Big 5 Sporting Goods reported that its second-quarter profit more than doubled from a year ago on higher sales and expanding margins, but its revenue fell short of expectations.

July 30, 2013

Office Depot reported a net loss, as well as declining total sales and same-store sales, during a disappointing second quarter of fiscal 2013.

July 26, 2013

Starbucks Corp. reported strong results for third quarter fiscal 2013, with net revenues, same-store sales and operating income all increasing substantially from the same quarter a year earlier.

July 18, 2013

Safeway reported a substantial decline in net income for the second quarter of fiscal 2013 as well as a drop in sales.

July 18, 2013

The Sherwin-Williams Company reported increases in net sales, diluted income per share and same-store sales during second quarter fiscal 2013.

June 6, 2013

Ann Inc., which runs the Ann Taylor and Loft, reported that its fiscal first-quarter net income dropped 27%, as unseasonably cold weather held back sales of spring and summer clothing and led to discounts.

May 28, 2013

Hibbett sports reported a slight dip in net income during first quarter fiscal 2013, although same-store sales and net sales showed some improvement.

May 17, 2013

Nordstrom Inc. reported its first quarter net income fell a greater-than-expected 3%, hurt by weak demand for spring merchandise and softer performance in the Northeast and Midwest.

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.

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