This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Barbeques Galore Smokes

Barbeques Galore Limited (BBQZ) was the Nasdaq's percentage leader Tuesday afternoon after saying net income tripled in its fourth quarter on a 25% jump in sales.

The Lake Forest, Calif., specialty retail chain earned $3.38 million, or 80 cents a share, in the quarter compared with earnings of $1.1 million, or 27 cents a share, last year. Revenue rose to $63 million from $51 million a year ago. Among equity analysts surveyed by Thomson One Analytics, none had estimates on Barbeques Galore Limited.

The latest quarter included a $329,000 loss in equity from affiliates related to the sale of a minority interest in Bromic Pty Ltd. and Renegade Gas Pty. The year-over-year earnings increase reflected strategic alliances with overseas manufacturers and improved conditions in the U.S. barbecue market, Barbeques Galore Limited disclosed.

Recently, the shares were up $3.36, or 65%, to $8.50, a move that swelled its market capitalization by $13 million.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
AAPL $132.70 0.04%
FB $81.46 -0.55%
GOOG $554.61 -0.14%
TSLA $233.76 0.95%
YHOO $44.46 0.23%


DOW 18,079.91 +41.94 0.23%
S&P 500 2,112.89 +3.97 0.19%
NASDAQ 5,064.0280 +3.7820 0.07%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs