Among the earnings stories for Wednesday, May 27, from AP Financial News:
MEMPHIS, Tenn. (AP) — Automotive-parts retailer AutoZone Inc. said its fiscal third-quarter profit climbed 9 percent, helped by an increase in replacement-part sales as consumers held onto their cars longer. NEW YORK (AP) — Solar-cell maker China Sunergy Co. Ltd. posted a first-quarter loss due to rapidly declining sales prices coupled with high levels of high-cost wafer inventory, which prevented the company from taking full advantage of reduced upstream costs. PITTSBURGH (AP) — Teen apparel retailer American Eagle Outfitters Inc. said its first-quarter profit fell by half, but results edged past analyst predictions. LEBANON, Tenn. (AP) — Restaurant operator Cracker Barrel Old Country Store Inc. said its fiscal third-quarter profit rose 14 percent due to lower interest expenses and a dip in operating costs.- Loading Comments...
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