said that total sales for the month of August rose 21.8% to $136.5 million from $112.1 million for the same period last year. Comparable same-store sales increased 1.3% in August, vs. an increase of 6.2% for the same period a year ago. Aeropostale said total year-to-date sales have increased 22.4% to $581 million, compared with $474.6 million in the year ago period. The stock was down 16 cents, or 0.63%, to $25.38 in after-hours trading.
reported net revenue of $508 million for the four-week period ended Aug. 28, vs. revenue of $418 million for the same period a year ago. Starbucks said same-store sales increased 7% for August, compared with the same period last year. The company said year-to-date revenue increased 22% to $5.7 billion from revenue of $4.7 billion for the year-ago period. The stock was up a penny, or 0.02%, to $49.04 in after-hours trading.
( OPSW) reported a loss of $3.9 million, or 4 cents a share, for the second quarter ended July 31, compared with a loss of $813,000, or a penny a share, a year ago. Revenue for the quarter rose 60% to $14.1 million from $8.6 million last year. Excluding certain items, the company had a loss of $2.6 million, or 3 cents a share. Analysts polled by Thomson First Call expected a loss of 2 cents a share on revenue of $13.9 million. For the third quarter, the provider of IT automation and utility computing siftware expects to report a loss of 2 cents to 3 cents a share on revenue of $14.5 million to $15.5 million. Wall Street forecasts a loss of a penny a share on revenue of $15.5 million. The stock was up 30 cents, or 6.45%, to $4.95 in after-hours trading.
announced that it will acquire
( LTV) for C$14 a share, or about US$450 million. Harris said it expects the transaction to be neutral to fiscal 2006 earnings, excluding certain acquisition charges. Harris also said it expects the transaction to be accretive by 6 cents a share in fiscal year 2007. "Our combined products and systems serve every segment of the increasingly complex supply chain that brings digital audio, video and data content to consumers," said Howard L. Lance, chairman, president and chief executive officer of Harris. The transaction is expected to close in about 60 days.Harris was unchanged at $38.61.
Mid-America Apartment Communities
said that it did not experience any significant damage as a result of Hurricane Katrina. The company also reaffirmed its prior guidance for funds from operations for the third quarter of 70 cents to 76 cents a share. Mid-America said it has no coastal apartments in the direct path of the hurricane. The stock was unchanged at $44.80.