Earnings Roundup: Discover Financial, Winnebago

Among the earnings stories for Thursday, March 19, from AP Financial News:

CHARLOTTE, N.C. (AP) — Discover Financial Services said Thursday it managed to remain profitable during its fiscal first quarter, thanks to a payment from a lawsuit settlement, but it is nevertheless reducing its quarterly dividend.

NEW YORK (AP) — Winnebago Industries Inc. posted its third-consecutive loss on Thursday as sales of RVs continued their downward slide amid locked-up credit markets that make it difficult for consumers to get financing.

JACKSONVILLE, Fla. (AP) — Department store operator Stein Mart Inc. said Thursday its net loss widened in its fourth quarter due to hefty charges and slow sales at established locations.

NEW YORK (AP) — Shoppers scaling back on discretionary purchases like books and music hurt profits at Barnes & Noble Inc., which said Thursday that its earnings fell 29 percent in the period that included the dismal holiday season — usually retailers' busiest time of the year.

MIAMI (AP) — Perry Ellis International Inc. said Thursday that it lost $21.6 million in the fiscal fourth-quarter as it lowered the value of some trademarks and leasehold improvements and struggled with the promotional holiday season amid a consumer spending pullback.