Content about Entertainment Software Association

April 22, 2013

Games grow, but boys biz tumbles at Hasbro

Strength in the games category enabled Hasbro to increase first quarter revenues by 2% to $664 million compared to $649 million for the same period last year.

PAWTUCKET, R.I. — Strength in the games category enabled Hasbro to increase first quarter revenues by 2% to $664 million compared to $649 million for the same period last year.

First quarter revenues were negatively affected by $3 million due to the impact of foreign exchange and one less week in the reporting period. The first quarter 2013 was a 13-week period compared to the first quarter 2012, which was a 14-week period.

April 10, 2013

Bed Bath and Beyond earnings surge 14% in Q4

Bed Bath & Beyond Inc. reported net earnings of $1.68 per diluted share ($373.9 million) in the fiscal fourth quarter ended March 2, 2013, an increase of approximately 14% versus net earnings of $1.48 per diluted share ($351 million) in the same quarter a year ago.

UNION, N.J. — Bed Bath & Beyond Inc. reported net earnings of $1.68 per diluted share ($373.9 million) in the fiscal fourth quarter ended March 2, 2013, an increase of approximately 14% versus net earnings of $1.48 per diluted share ($351 million) in the same quarter a year ago.

March 21, 2013

PacSun cuts Q4 loss

Pacific Sunwear of California announced that net sales from continuing operations for the fourth quarter of fiscal 2012 ended Feb. 2, were $228 million versus net sales from continuing operations of $218.7 million for the fourth quarter of fiscal 2011 ended Jan. 28, 2012.

ANAHEIM, Calif. — Pacific Sunwear of California announced that net sales from continuing operations for the fourth quarter of fiscal 2012 ended Feb. 2, were $228 million versus net sales from continuing operations of $218.7 million for the fourth quarter of fiscal 2011 ended Jan. 28, 2012.

Comparable-store sales for the fourth quarter of 2012 increased 1%.

The company ended fiscal 2012 with 644 stores, compared with 733 as of the end of fiscal 2011. The company closed 78 stores in the fourth quarter of fiscal 2012.

March 14, 2013

Sales take a dive at Aeropostale

Aeropostale reported that net sales for the fourth quarter decreased 1% to $797.7 million, from $808.4 million in the year ago period.

NEW YORK — Aeropostale reported that net sales for the fourth quarter decreased 1% to $797.7 million, from $808.4 million in the year ago period. Fourth quarter comparable sales, including the e-commerce channel, decreased 8% compared with a 7% decrease for the corresponding 14-week period of the prior year. Fourth quarter comparable store sales, excluding the e-commerce channel, decreased 9%, compared to a decrease of 9% for the corresponding 14-week period of the prior year.

March 6, 2013

Earnings flying high at American Eagle

American Eagle Outfitters reported adjusted fiscal year 2012 earnings for the 53 weeks ended February 2, 2013 of $1.39 per share, a 43% increase from fiscal year 2011 adjusted earnings of 97 cents per share for the 52 weeks ended January 28, 2012.

PITTSBURGH — American Eagle Outfitters reported adjusted fiscal year 2012 earnings for the 53 weeks ended February 2, 2013 of $1.39 per share, a 43% increase from fiscal year 2011 adjusted earnings of 97 cents per share for the 52 weeks ended January 28, 2012.

February 28, 2013

Gap Inc. ends year with strong earnings growth

Gap Inc. reported that net sales for the fourth quarter were $4.73 billion, compared with $4.28 billion for the same period last year.

SAN FRANCISCO — Gap Inc. reported that net sales for the fourth quarter were $4.73 billion, compared with $4.28 billion for the same period last year. Same-store sales were up 5% for the quarter, compared with a 4% decrease during the same period last year.

Net income for the quarter was $351 million, or 73 cents per share on a diluted basis. This compares with net income of $218 million, or 44 cents per share on a diluted basis, for the same period last year.

February 27, 2013

Limited Brands Q4 comps up 5%

Limited Brands reported that adjusted earnings per share for the 14-week fourth quarter ended Feb. 2 were $1.76 compared with $1.50 for the 13-week fourth quarter ended Jan. 28, 2012.

COLUMBUS, Ohio — Limited Brands reported that adjusted earnings per share for the 14-week fourth quarter ended Feb. 2 were $1.76 compared with $1.50 for the 13-week fourth quarter ended Jan. 28, 2012.

Comparable-store sales for the quarter increased 5%. Net sales were $3.86 billion for the quarter compared with $3.5 billion for the same period last year.

February 20, 2013

Wolverine Worldwide sales spike 60.5% in Q4

Outdoor and sports apparel manufacturer Wolverine Worldwide reported that its consolidated fourth fiscal quarter revenue was $652.2 million, growth of 60.5% versus the prior year.

ROCKFORD, Mich. — Outdoor and sports apparel manufacturer Wolverine Worldwide reported that its consolidated fourth fiscal quarter revenue was $652.2 million, growth of 60.5% versus the prior year.

In the fourth quarter, excluding non-recurring transaction and integration expenses, earnings per share were 48 cents compared with the company's prior guidance of 12 cents to 22 cents per share.

February 8, 2013

Hasbro lacks revenue momentum heading into Toy Fair

Heading into the toy industry's largest trade show next week, toy manufacturer, Hasbro, reported net revenues of $1.28 billion for the fourth quarter of 2012, compared with $1.33 billion in 2011.

PAWTUCKET, R.I. — Heading into the toy industry's largest trade show next week, toy manufacturer, Hasbro, reported net revenues of $1.28 billion for the fourth quarter of 2012, compared with $1.33 billion in 2011. The company reported net earnings for the quarter of $130.3 million or 99 cents per diluted share.

Net revenues for the full-year 2012 were $4.09 billion compared with $4.29 billion in 2011.

Net earnings for the full-year 2012 were $336 million, or $2.55 per diluted share, versus $385.4 million, or $2.82 per diluted share, in 2011.

January 3, 2013

Holidays not so happy at Family Dollar

Despite solid sales trends at Family Dollar during the company’s first quarter ended November 24, margins contracted and profits were less than expected.

October 24, 2012

Tractor Supply delivers EPS growth in Q3

Tractor Supply Company reported that net sales for the third quarter increased 9% to $1.07 billion from $977.8 million in the prior year's third quarter.

BRENTWOOD, Tenn. — Tractor Supply Company reported that net sales for the third quarter increased 9% to $1.07 billion from $977.8 million in the prior year's third quarter. Same-store sales increased 2.9% compared with a very strong 11.5% increase in the prior-year period. The same-store sales increase was driven primarily by continued strong results in key consumable, usable and edible products, principally animal- and pet-related merchandise.

October 22, 2012

Tuesday Morning revenues up slightly, loss widens

Tuesday Morning reported that net revenue for its first quarter increased 1.3% to $172.8 million from $170.7 million in the first quarter of fiscal 2012.

DALLAS — Tuesday Morning reported that net revenue for its first quarter increased 1.3% to $172.8 million from $170.7 million in the first quarter of fiscal 2012.

Comparable-stores sales increased by 1.7% compared with the first quarter of fiscal 2012 and were comprised of a 4.7% increase in average ticket and a 3% decrease in traffic.

The company reported that net loss was $7 million or a 17 cents loss per share compared to a net loss of $5.7 million or a 13 cents loss per share in the first quarter of fiscal 2012.

May 25, 2011

Hasbro moves games unit to Rhode Island

Hasbro announced that it is reorganizing its global games business and moving its games marketing and games development employees from East Longmeadow, Mass. to Rhode Island.

PAWTUCKET, R.I. — Hasbro announced that it is reorganizing its global games business and moving its games marketing and games development employees from East Longmeadow, Mass. to Rhode Island.

March 17, 2011

Hasbro names VP global publishing

Hasbro announced that it has appointed Margie Chan-Yip to serve as VP global publishing. In her new role, Chan-Yip will be responsible for creating new and innovative ways to bring Hasbro brand stories to consumers worldwide, from traditional print to e-book formats.

PAWTUCKET, R.I. -- Hasbro announced that it has appointed Margie Chan-Yip to serve as VP global publishing. In her new role, Chan-Yip will be responsible for creating new and innovative ways to bring Hasbro brand stories to consumers worldwide, from traditional print to e-book formats.

November 8, 2010

A.C. Moore comps down in Q3

A.C. Moore Arts & Crafts reported that sales for the third quarter of 2010 were...

November 8, 2010

Pier 1 feeling positive going into the holidays

Pier 1 Imports reported that it continues to see positive trends with increases in traffic,...

October 31, 2010

Atari proposes appointment of Wilson to board

Atari, S.A. announces that the board of directors meeting held on Oct. 25 proposed the...