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  • Limited Brands profit surges in Q3

    Columbus, Ohio -- Limited Brands reported Wednesday that net income for the quarter ended Oct. 30 soared to $61.3 million, compared with $6.1 million a year earlier. The company also said it would repurchase $200 million in shares.

    Same-store sales increase 10%, and net sales were $1.99 billion compared with $1.78 billion last year.

  • Ross Stores earnings leap 16% in Q3

    Pleasanton, Calif. -- Ross Stores reported Thursday earnings for the quarter ended Oct. 30 rose 16% to a record $121.4 million, compared with $105.1 million in the year-ago period.

    Sales increased 7% to $1.874 billion, with same-store sales up 3% on top of a strong 8% gain in the prior year.

  • GameStop earnings rise 4.8% in Q3

    Grapevine, Texas -- GameStop Corp. reported Thursday that net earnings for the third quarter increased 4.8% to $54.7 million, from $52.2 million in the prior year quarter.

    Total sales increased 3.5% to $1.90 billion.

    U.S. segment same-store sales were 5.3%, while total company same-store sales increased 1.1%.

    Year-to-date, GameStop has opened 156 net new stores: 89 in the United States; 47 in Europe; eight in Canada; and 12 in Australia/New Zealand. The video game retailer currently operates 6,606 stores in 17 countries.

  • Staples Q3 profit rises on cost controls

    Framingham, Mass. -- Staples reported Thursday that profit for the third quarter rose 7% as the office supply retailer clamped down on expenses. Net income increased to $288.7 million, from $269.4 million.

    Revenue edged up to $6.54 billion from $6.52 billion. Analysts expected $6.53 billion.

  • American Eagle Outfitters profit drops, sales improve

    Pittsburgh -- American Eagle Outfitters reported Thursday that net income for the quarter ended Oct. 30 was $33 million, compared with $59.2 million in the year-ago period. The drop was largely a result of investment losses and a prior-year tax benefit, and masked growth in sales and margins.

    Total sales for the quarter increased to $752 million, compared with $736 million last year.

    Same-store sales increased 1%.

  • Casual Male swings to profit in Q3, ups guidance

    Canton, Mass. -- Casual Male Retail Group said Thursday it swung to a profit of $0.3 million in the third quarter, compared with a loss of $1.4 million a year earlier.

    Total sales edged up 1.4% to $89.9 million, and same-store sales increased 3%.

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