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Tag: annual profit
Billabong first annual profit in four years
2015-08-27 13:12:00| Daily apparel & textile news and comment - from just-style.com
Australian surfwear brand Billabong has booked its first annual profit in four years, with the benefit of its efficiency measures expected to be seen over the course of the next fiscal.
Tags: years
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billabong
Gap backs annual profit forecast after retailer confirms net income, sales fell in 2Q
2015-08-20 22:49:51| Apparel - Topix.net
Gap is keeping its fiscal-year profit forecast unchanged after further struggles in the second quarter marked by weakness at its namesake and Banana Republic stores that offset rising sales at Old Navy. The San Francisco company also said Thursday its plan to close 175 Gap stores in North America, as well as some locations in Europe, will cost a bit less than it expected.
Sony targets annual opg profit over JPY 500 bln by 2018
2015-02-18 09:01:00| Telecompaper Headlines
(Telecompaper) Sony announced a new mid-term corporate plan focused more on profitability. For the three years to March 2018, the company will use return on equity as its main performance indicator, targeting a ROE of 10 percent. It also aims to raise operating profit to over JPY 500 billion by the fiscal year to March 2018, from an estimated 20 billion in the current year. At the operational level, the group will emphasize profitability over volume, and each business unit will have greater autonomy and a mandate to focus on shareholder value. Sony said its growth drivers will include the Devices division, and mainly its CMOS imaging sensors; the Playstation business; the Pictures division and especially the TV business; and the Music unit, which will focus more on the streaming market. The Imaging Products & Solutions and Video & Sound division are seen as more stable profit generators, rather than growth areas, and Sony will focus here on high value-added products. The remaining divisions, Mobile Communications and TV, are more volatile, subject to difficult market conditions. Sony said it will make restoring profitability the highest priority at these operations, while limiting capital investment in the activities. The company will also continue to explore potential alliances with other companies in these areas.
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Genuine Parts Co. annual profit up 4% to $711 million
2015-02-17 18:25:55| Automakers - Topix.net
Genuine Parts Co. posted record revenue and earnings in 2014, boosted by solid performances from all of its business units.
Tags: parts
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Nintendo halves annual profit target
2015-01-29 04:53:40| BBC News | Business | UK Edition
Nintendo's operating profit grew nearly 50% in the last quarter but it was not enough to keep the game-maker from slashing its full year target.
Tags: target
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nintendo