Innovation Update

Earnings Roundup: Herman Miller, CKE Restaurants

Stock quotes in this article: CKR , DBRN , MLHR , ORCL  

Among the earnings stories for Wednesday, Sept. 16, from AP Financial News:

ZEELAND, Mich. (AP) — Office furniture maker Herman Miller Inc. said its fiscal first-quarter profit tumbled 75 percent as the economic slump drove a sharp drop in sales.

CARPINTERIA, Calif. (AP) — CKE Restaurants Inc., which owns and operates the Carl's Jr. and Hardee's fast food chains, said its second-quarter profit slipped less than 1 percent as cost controls helped offset weaker-than-expected sales.

SAN FRANCISCO (AP) — Oracle Corp.'s profit rose 4 percent in the latest quarter, matching Wall Street's forecasts, despite a drop in sales that revealed businesses are still being tightfisted about buying new software.

SUFFERN, N.Y. (AP) — Women's clothing retailer Dress Barn Inc. said its fiscal fourth-quarter profit rose 19.4 percent on strong sales from the company's dressbarn stores.

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