<<<BIG ALERT>>> 2 new earnings play flying..#10 and #9 for 19.. #10 this is a fine company another ZLC, and #9 in my research came out extremely high
Ultimate Electronics Reports Record Second Quarter Profit
DENVER, Aug. 19 /PRNewswire/ -- Ultimate Electronics, Inc. (Nasdaq: ULTE - news) announced today its operating results for the quarter and the six months ended July 31, 1999.
The Company reported net income for the second quarter ended July 31, 1999 of $1,318,000, or 15 cents per share on a diluted basis, compared to net income of $58,000, or 1 cent per share, for the same quarter in the prior year. Sales for the quarter ended July 31, 1999 were $86,309,000, a 21% increase from sales of $71,182,000 for the same period in the prior year. Sales of comparable stores were up 20% compared to the same quarter of the prior year. Gross margins for the second quarter were 30.7%, the same as the prior year.
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Whitehall Jewellers, Inc. Reports a 34.9% Increase in Second Quarter Net Income
Diluted Earnings Per Share Increase to $0.23
CHICAGO--(BUSINESS WIRE)--Aug. 19, 1999--Whitehall Jewellers, Inc. (NASDAQ: WHJI - news) today reported financial results for the second quarter ended July 31, 1999.
Net income for the second fiscal quarter of 1999 rose 34.9% to $2.3 million, versus net income of $1.7 million for the same period a year ago. Diluted earnings per share for the second quarter rose to $0.23 compared to diluted earnings per share of $0.16 for the second quarter of last year. Income from operations increased 42.1% to $5.1 million compared to $3.6 million in the second quarter of 1998. Comparable store sales rose 12.3%, versus a comparable store sales increase of 3.0% for the second fiscal quarter of 1998. Sales for the Jewel Box stores purchased in September 1998 contributed approximately 0.6% of the comparable store sales increase for the second fiscal quarter of 1999. The Jewel Box stores posted a 17.8% comparable store sales increase during the second quarter. Net sales rose 40.6% to $65.9 million, versus $46.8 million for the second fiscal quarter of 1998. |
