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Orchard Supply swings to loss in Q2; on track with opening/remodeling program
San Jose, Calif. -- Orchard Supply Hardware Stores Corp. reported Tuesday a loss of $26.7 million for the quarter ended July 28, compared with net income of $3.9 million in the year-ago period. The results include write-offs and charges related to real estate sale-leaseback transactions.
Sales dipped to $194.1 million from $196.4 million, and same-store sales edged up 0.9%.
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Casey's profit slips in Q1 but beats Street
Ankeny, Iowa -- C-store operator Casey's General Stores Inc. reported Monday a profit of $39 million in the quarter ended July 31, compared with a profit of $39.4 million last year.
Results beat Wall Street expectations, although flat revenue of $1.87 billion missed forecasts of $1.93 billion in sales.