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Finance & Capital Management

  • Tractor Supply is westward bound

    Tractor Supply Company plans to open a store in Wyoming — its first-ever location in the state as it continues to expand into the Western region of the country.

  • GNC Holdings profit up 17%

    Pittsburgh – GNC Holdings reported strong results for the third quarter of fiscal 2013, reporting a net income increase of 17.3%, from $62.2 million to $73 million.

    Revenue grew about 9%, from $621.6 million to $675.6 million. Same store sales increased approximately 6.7% in domestic company-owned stores (including GNC.com sales) in the third quarter of 2013, while in domestic franchise locations, same-store sales increased 5.9%.

  • Dunkin’ Brands Q3 net income jumps 36%; continues expansion push

    Canton, Mass. – Dunkin’ Brands Group, the parent company of Dunkin’ Donuts and Baskin Robbins, reported that its third quarter net income grew 36% to $40.2 million.   

    Revenue increased 8.5%, from $171.7 million, to $186.3 million.

  • Amazon loses less as sales keep surging

    Amazon.com continued to lose money during its third quarter, although considerably less than a year ago, as its sales advanced 24% to more than $17 billion.

    After the market closed on Thursday, Amazon reported a net loss of $41 million, or nine cents a share, during the quarter ended September 30, versus a net loss the prior year of $274 million, or 60 cents a share. The reduced loss coupled with sales of $17. 1 billion which exceeded analysts’ estimate of $16.8 billion caused shares to surge in after hours trading.

  • Digital initiatives cause for optimism at Vantiv

    A unique perspective into the holiday season was provided by leading payments processor Vantiv when the company reported strong third quarter results but expressed reservations about the volume of activity during the fourth quarter.

    The company said its third quarter revenues increase 14% to $532 million and net income on an adjusted basis increase 17% to $80 million compared to $68.1 million while adjusted earnings per share increased 25% to 40 cents from 32 cents.

  • Sam’s Club opens four new locations

    Sam’s Club opened four new 136,000-sq.-ft. units this week expanding its base of clubs to a record 630 units.

    The new clubs are located in Owasso, Okla., Fall River, Mass., and Mansfield and Corpus Christi, Texas. The latter is a relocation of a 20 year old club. These opening follow the addition of three new clubs earlier in the month in Aiken, S.C., Romeoville, Ill., and Edmond, Okla.

  • Coupons.com names Safeway exec as COO, CFO

    Mountain View, Calif. – Coupons.com Inc. has hired Mir Aamir, former president of loyalty and digital technologies at Safeway Inc., as the company’s COO and CFO. Aamir brings more than 18 years of finance, strategy and operating experience, primarily in the retail CPG industries.

  • New product launches boosts Colgate volume growth in Q3

    Colgate-Palmolive announced that during the third quarter, new product launches in the United States contributed to volume growth across categories and market share gains were seen in categories such as manual toothbrushes, powered toothbrushes, mouthwash and body washes.

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