Benzinga’s News Roundup (SSI, DKS, KR, BKE, TM)
March 09, 2010 8:50 AM
Stage Stores, Inc. (NYSE: SSI) reported today a fourth-quarter net profit of $27.9 million, or $0.72 per share, from $25.3 million, or $0.67 per share, for the same quarter last year. Revenue declined 5.3% to $431.7 million for the quarter. Analysts had expected SSI to report earnings of $0.66 per share. Stage Stores closed at $15.01 in the previous trading session. SSI made a new 52 week high at $15.12 in the last trading session.
Dick's Sporting Goods, Inc. (NYSE: DKS) reported today a fourth-quarter net income of $67.4 million, or $0.56 per share, from a loss of $105.6 million, or $0.94 per share, for the same quarter last year. Revenue increased $1.34 billion from $1.21 billion in the year ago period. Analyst had expected DKS to earn $0.55 per share on revenue of $1.29 billion. Dick's Sporting Goods decreased 1.44% to $25.25 in the pre-market session. The 52-week trading range for DKS is $10.26 - $26.28. DKS closed at $25.62 in the last trading session.
The Kroger Co. (NYSE: KR) reported today a fourth quarter total sales, including fuel, increased 7.2% to $18.6 billion, as compared to $17.3 billion for the same period last year. Net earnings for the fourth quarter totaled $255.4 million or $0.39 per diluted share as compared to $349.2 million, or $0.53 per diluted share in the year ago period. The Kroger declined 0.87% to $22.70 in the pre-market session. The 52-week trading range for KR is $19.39 - $24.80. KR closed at $22.90 in the last trading session.
The Buckle, Inc. (NYSE: BKE) was upgraded today by Susquehanna Financial from Neutral to Positive. The 52-week trading range for BKE is $22.01 - $39.09. The Buckle closed at $33.01 in the previous trading session. BKE has gained 21% in the last six months.
Toyota Motor Corporation (ADR) (NYSE: TM) was downgraded today by Standpoint Research from Buy to Hold. Toyota Motor closed at $77.94 in the previous trading session. The 52-week trading range for TM is $56.79 - $91.97. In the last year, TM has gained over 33%.
