Appliance Recycling Centers of America Reports First Quarter Operating Results

Company Posts Revenue Increase, Returns to Profitability

Appliance Recycling Centers of America, Inc. (ARCI), a leading provider of appliance retailing and recycling services, today reported operating results for the first quarter ended March 30, 2013.

Total revenues increased 3.3% to $30.4 million versus $29.4 million for the first quarter of 2012. Overall, the Company reported consolidated net income of $0.2 million, or $0.03 per diluted share, compared with near-breakeven results in the first quarter of 2012.

Orchard Supply Hardware Stores Corporation Provides Update on Term Loan Lender Negotiations and First Quarter Fiscal 2013 Comparable Store Sales

60-Day Extension to June 30, 2013 for Date to Reach Agreement with Term Loan Lenders

First Quarter Fiscal 2013 Comparable Store Sales Expected to Increase 9.0% to 11.0%

Orchard Supply Hardware Stores Corporation (OSH), a neighborhood hardware and garden store focused on paint, repair and the backyard, today provided the following update on its efforts to improve its capital structure and expected comparable store sales for the first quarter of fiscal 2013:

Overstock.com Reports Q1 2013 Results

Q1 2013 net income of $7.7 million and 19% revenue growth

Overstock.com, Inc. (OSTK) today reported financial results for the quarter ended March 31, 2013.

Key Q1 2013 metrics (comparison to Q1 2012):

• Revenue: $312.0M vs. $262.4M (19% increase);
• Gross margin: 18.9% vs. 18.1% (80 basis point increase);
• Gross profit: $58.9M vs. $47.5M (24% increase);
• Sales and marketing expense: $18.7M vs. $14.5M (29% increase);
• Contribution (non-GAAP measure): $40.2M vs. $33.0M (22% increase);
• G&A/Technology expense: $33.2M vs. $30.5M (9% increase);
• Net income: $7.7M vs. $2.7M ($5.0M increase); and
• Diluted EPS: $0.32/share vs. $0.12/share ($0.20/share increase).

  Published: 18 April 2013

  Written by Editor

  Nasdaq   Financial Results   Up on News   Retail   Interesting News  

  Read more: Overstock.com Inc ( OSTK )

Dollarama reports record results for fiscal 2013 and increases dividend by 27%

Dollarama Inc. (TSX:DOL ) ("Dollarama" or the "Corporation") today reported significant increases in sales and net earnings for the quarter and fiscal year ended February 3, 2013.

Financial and Operating Highlights

All comparative figures below and in the "Financial Results" section that follows are for the fourth quarter and fiscal year ended February 3, 2013 compared to the fourth quarter and fiscal year ended January 29, 2012.