jumped after hours Friday as the Birmingham, Ala.-based bookstore chain posted a profit for the quarter ended Feb. 3. The company earned $15.1 million, or 90 cents a share, compared with 66 cents a share last year. Same-store sales were down 2.4% from last year, but total revenue jumped 8.4% year over year to $174.6 million. Shares were gaining 74 cents, or 5.2%, to $14.98, in recent extended trading.
Nike Set For Record High After Earnings Blowout, $50 Billion Sales Forecast
Surging fourth quarter gross margins and record overall sales offset a modest slump in China and look to push Nike shares to a record high at the opening bell Friday.
climbed 15.5% after the Hialeah, Fla., small-cap earned $949,000, or 15 cents a share, in the fourth quarter, up from last year's profit of 3 cents a share. Sales soared 83.5% to $33.2 million from last year. Shares of the electronics maker were up 94 cents to $7.
, on the other hand, was sliding on disappointing year-end results. The Commerce, Calif., clothing maker lost $6.7 million in the fourth quarter compared with $1.3 million income last year, with full-year losses coming to $5.4 million, or 18 cents a share. The company blames the losses on accounting adjustments owing to larger changes in the market. Profits in 2005 had totaled $5.1 million, or 20 cents a share. Shares were sinking 15 cents, or 8.2%, to $1.69, in recent late trading.
Among other after-hours gainers, gold miner
was leaping 30 cents, or 8.1%, to $4; LED lighting-system maker
was adding 84 cents, or 4.3%, to $20.27; and
United Auto Group
was up 58 cents, or 2.9%, to $20.88.
Trading lower were
plunging 27 cents, or 13.9%, to $1.68; automation technology-products maker
down 66 cents, or 3.8%, to $16.52; and
recently off 67 cents, or 3.1%, to $21.