Electronics/Appliance Financials

Motorola Posts Q3 Net Loss On Rising Sales
By Joseph Palenchar, October 27, 2011
Schaumburg, Ill. - Motorola Mobility continued to shrink its net losses in the third quarter on rising sales. More
LG Reports Q3 Loss
TWICE Staff, October 26, 2011
Seoul, South Korea -- LG Electronics reported Wednesday a third-quarter net loss, due in large part to heavy equity declines in its flat-panel business operations. More
RadioShack Q3 Earnings Fall 99%
Alan Wolf, October 26, 2011
Fort Worth, Texas - RadioShack said third-quarter sales and earnings were impacted by its September split from T-Mobile. More
Amazon Q3 Earnings Fall 73%; Kindle Orders On Fire
Alan Wolf, October 26, 2011
Seattle - Amazon.com said third-quarter profits fell 73 percent to $63 million and projected as much as a 142 percent decline in fourth-quarter operating income as the e-tailer ramps up investments in infrastructure and capacity. More
Harman Reports Fiscal Q1 Sales, Profit Increases
By Steve Smith, October 21, 2011
Stamford, Conn. - Harman International Industries reported higher net sales and net profits in its fiscal first quarter, ended Sept. 30. More
Verizon Sees Smartphone, 4G Gains; iPhone 4S On Allocation
By Joseph Palenchar, October 21, 2011
Bedminster, N.J. - Verizon Wireless continued to boost the number of subscribers using smartphones and 4G devices in its fiscal third quarter, when it posted continued strong revenue gains and accelerated its operating income growth. More
Microsoft Posts Record Sales, Higher Profit
TWICE Staff, October 20, 2011
Redmond, Wash. - Microsoft reported record revenue and net income increase in its fiscal first quarter ended Sept. 30. More
Logitech Gives Gloomy Guidance, But CEO Sees Light
By John Laposky, September 22, 2011
Fremont, Calif. - Logitech International today revised its outlook downward for fiscal 2012 in advance of the release of its second-quarter results next month. More
SED Posts Higher FY Sales, Income
By TWICE Staff, September 14, 2011
Lawrenceville, Ga. - SED International Holdings reported higher sales and net income in its fiscal year, ended June 30. More
Best Buy Q2 Earnings Fall 30%
Alan Wolf, September 13, 2011
Minneapolis - Best Buy reported a 30.3 percent decline in second-quarter profits, to $177 million, and flat sales of $11.3 billion for the three months, ended Aug. 27. More
Yamaha: U.S Audio Sales Up 10% In Q1
By Joseph Palenchar, August 22, 2011
Buena Park, Calif. - Yamaha Electronics USA (YEC) said its first-quarter sales in the U.S. rose 10 percent in dollars even though a financial report issued by its Japan parent cited an unspecified decline in Yamaha's North American home audio sales. More
Bang & Olufsen Returns To Black, Plans New Initiatives
By Joseph Palenchar, August 19, 2011
Struer, Denmark - Bang & Olufsen turned around years of losses in its latest fiscal year and announced a five-year growth plan whose initiatives include redesigns of B&O-branded stores, entering a new product category by the end of the year, increasing its sales volume through channels other than B&O stores, and launching sales through its own online store. More
Alpine Posts Q1 Sales, Profit Declines
By Joseph Palenchar, August 18, 2011
Iwaki, Japan - Alpine Electronics sales, operating profits and net profits fell in the April through June quarter because of the aftereffects of the Great Japan Earthquake and Tsunami, the yen's appreciation, and "increasingly intense price competition" in the North American car audio aftermarket, the company said. More
Sears Reports Deeper Loss; CE Sales Lower
By Steve Smith, August 18, 2011
Hoffman Estates, Ill. - Sears Holdings reported a deeper loss for its fiscal second quarter with lower CE being blamed for decreases in comp-store sales. More
Dell Turns Profit On Consumer Lines
Steve Smith, August 17, 2011
Round Rock, Texas - Dell reported a slight increase in consumer revenue and reported an operating profit in its fiscal second quarter, ended July 29. More
Target's Q2 Sales Rise 5%; CE Rebounds
By Alan Wolf, August 17, 2011
Minneapolis - Target reported mid-single digit sales and earnings gains for its second fiscal quarter, ended July 30, and a resurgence in its CE business. More
BJ's Reports Higher Net Income In Qtr.
By Alan Wolf, August 17, 2011
Westborough, Mass. - BJ's Wholesale Club reported higher net income for the second quarter, ended July 30. More
Home Depot's Q2 Profits Up 14%
By Alan Wolf, August 16, 2011
Atlanta - The Home Depot reported a 14.3 percent increase in net earnings, to $1.4 billion, for its second fiscal quarter, ended July 31. More
Wal-Mart Sales Up, But Comps Flat In Quarter
By Steve Smith, August 16, 2011
UPDATED! Bentonville, Ark. - Wal-Mart Stores reported that Walmart U.S. and Sam's Club reported higher sales in its fiscal second quarter, but corporate comp sales were flat in the U.S. More
Lowe's Reports Flat Q2 Profits
By Alan Wolf, August 15, 2011
Mooresville, N.C. - Lowe's reported flat net earnings of $830 million for its fiscal second quarter, ended July 29. More

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