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US: Iconix lifts FY earnings target after Q1 profit
2013-04-24 19:29:00| Daily apparel & textile news and comment - from just-style.com
Iconix Brand Group, which owns and licenses brands including Candie's and Umbro, has raised its full-year earnings guidance after reporting a 28% increase in first-quarter net profit.
Tags: target
profit
earnings
q1
Tablet shipments grow 117% to 40.6 mln units in Q1
2013-04-24 17:15:00| Telecompaper Headlines
(Telecompaper) Global shipments of branded tablets, excluding e-readers and convertible PCs, rose 117 percent to 40.6 million units in the first quarter, compared to 18.7 million in the year-earlier period, according to Strategy Analytics. Apple shipped 19.5 million iPads, compared to 11.8 million in the first quarter of 2012, maintaining its market share leadership with 48.2 percent in the first quarter, compared to 63.1 percent in the year-earlier first quarter. Shipments of branded tablets running Android rose to 17.6 million units (43.4 percent share) from 6.4 million units (34.2%). Windows tablet shipments reached 3 million units for a 7.5 percent market share in the first quarter. There were no Windows tablets a year ago. Microsoft's tablet shipments are being held back by very limited distribution, a shortage of top-tier apps and market confusion, according to the market researcher. Including white box tablets, Android had a 52 percent share of all tablets shipped, ahead of Apple with 41 percent.
Sprint loses 415,000 mobile customers in Q1
2013-04-24 15:39:00| Telecompaper Headlines
(Telecompaper) Sprint Nextel reported a small improvement in financial results for the first quarter but suffered a net loss of customers in the period. Service revenues were little changed year-on-year at nearly USD 8 billion, as growth in the Sprint mobile brand was offset by declines at Nextel and the wireline division. Adjusted OIBDA improved to USD 1.52 billion from USD 1.21 billion a year ago, and the company posted an operating profit of USD 29 million versus a loss of USD 255 million a year ago. The net loss narrowed to USD 643 million or USD 0.21 per share from USD 863 million or USD 0.29 per share in the first quarter of 2012. On the Sprint platform, the mobile operator added a net 356,000 new customers in the quarter, almost all in prepaid, for a total 53.9 million at the end of March. This was offset by the loss of 771,000 Nextel customers, which numbered 1.3 million at the end of the period. Sprint said it was on track to shut down the Nextel network at the end of June, while its Network Vision programme is also progressing, with number of sites on air growing from 8,000 at its last report in February to 13,500 today. LTE is already available in 88 cities and will reach 170 in the coming months. The company said it expects to reach the high end of its forecast for adjusted OIBDA this year of USD 5.2-5.5 billion, excluding any costs for the proposed takeover of the group and Clearwire.
Tags: mobile
customers
sprint
loses
Rocky Brands retail sales up just 2.85% in Q1 2013
2013-04-24 14:25:11| Footwear - Topix.net
The Company reported first quarter net income of $0.9 million, or $0.12 per diluted share compared with net income of $0.7 million, or $0.10 per diluted share in the first quarter of 2012.
Tags: sales
brands
retail
rocky
Sprint's Nextel defection drives 415,000 subscriber loss in Q1
2013-04-24 13:14:00| CNET News.com
Sprint slightly narrowed its loss as customers on the Nextel side of the business continue to drop off ahead of the network shutdown. The company added 1.5 million iPhones in the quarter. [Read more]
Tags: loss
drives
subscriber
nextel
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