U.S. Movers: Dick

Mukesh Buch
06 Mar, 2012
New York City

Dick

[R]10:25 AM New York – Dick’s Sporting fourth quarter net increased 7% to $111.1 million. Kronos Worldwide fourth quarter net increased to $85.8 million. Stage Stores fourth quarter net increased to $32.7 million. Vail Resorts second quarter net decreased 15% to $46.4 million.[/R]

Akorn, Inc. ((AKRX)) decreased 5.2% or 66 cents to $11.99 after the pharmaceutical company reported fourth quarter revenue soared 77% to $42.6 million from $24.0 million in the same quarter last year. Net income in the quarter declined to $5.7 million or 5 cents per diluted share compared to $23.7 million or 23 cents per diluted share in the year ago earlier.

For 2011 net sales increased 58% to $136.9 million from $86.4 million in last year. Net income for the year rose to $43.0 million or 41 cents per diluted share compared to $21.8 million or 22 cents per share in the prior year.

ABM Industries, Inc. ((ABM)) fell 13 cents to $22.28 after the facility services provider reported first quarter revenue rose 4.3% to $1.07 billion from $1.03 billion in the prior year. Net income for the quarter advanced 26.6% to $10.6 million or 20 cents per diluted share compared to net income of $8.4 million or 16 cents per share a year ago.

Bridgepoint Education, Inc. ((BPI)) decreased 1.2% or 29 cents to $23.20 after the provider of postsecondary education services reported fourth quarter revenues rose 15% to $221.3 million from $192.4 million in the prior year. Net income in the quarter fell 13% to $22.9 million or 41 cents per diluted share compared to net income of $26.3 million or 45 cents per share reported a year ago.

For fiscal 2011, revenue increased 31% to $933.3 million from $713.2 million for 2010. Net income for the year advanced 35.4% to $172.8 million or $3.02 per diluted share compared with net income of $127.6 million or $2.14 per share for 2010.

Casey''s General Stores, Inc. ((CASY)) fell 22 cents to $50.92 after the convenience stores operator reported third quarter revenue increased 15.3% to $1.58 billion from $1.37 billion last year. Net income in the quarter climbed 29.4% to $16.7 million or 43 cents per diluted share compared to net income of $12.9 million or 34 cents per share last year.

Dick’s Sporting Goods, Inc. ((DKS)) increased 2% or 91 cents to $46.48 after the sporting goods retailer reported fourth quarter net sales grew 6% to $1.61 billion from $1.52 billion in the same quarter last year. Net income in the quarter increased 7% to $111.1 million or 88 cents per diluted share compared to $87.5 million or 71 cents per diluted share in the year ago.

For 2011 sales increased 7% to $5.21 billion from $4.87 billion in last year. Net income for the year rose 5% to $263.9 million or $2.10 per diluted share compared to $182.1 million or $1.50 per share in the prior year.

Iridium Communications Inc. ((IRDM) gained 5.1% or 38 cents to $7.78 after the communication service provider said fourth quarter total revenue grew 8% to $95.0 million from $87.9 million in the same quarter last year. Net income in the quarter decreased to $8.4 million or 11 cents per diluted share compared to $10.1 million or 14 cents per diluted share in the year ago.

For 2011 total revenue increased 10% to $384.3 million from $348.2 million in last year. Net income for the year increased to $39.7 million or 54 cents per diluted share compared to $22.7 million or 31 cents per share in the prior year.

Kronos Worldwide, Inc. ((KRO)) increased 5.1% or $1.20 to $24.73 after the chemical company reported fourth quarter net sales increased 17% to $437.4 million from $373.3 million in the same quarter last year. Net income in the quarter increased to $85.8 million or 74 cents per diluted share compared to $36.4 million or 33 cents per diluted share in the year ago earlier.

For 2011 net sales soared 34% to $1.94 billion from $1.45 billion in last year. Net income for the year soared to $321.0 million or $2.77 per diluted share compared to $130.6 million or $1.29 per share in the prior year.

Medidata Solutions, Inc. ((MDSO)) soared 15.5% or $3.24 to $24.03 after the software reported fourth quarter net revenues nearly flat to $47.2 million from $47.4 million in the same quarter last year. Net income in the quarter increased to $18.7 million or 76 cents per diluted share compared to $13.3 million or 55 cents per diluted share in the year ago period.

Stage Stores, Inc. ((SSI)) slipped 4.1% or 60 cents to $13.75 after the specialty retailer reported fourth quarter net sales increased to $479.1 million from $453.7 million in the same quarter last year. Net income in the quarter increased to $32.7 million or $1.05 per diluted share compared to $32.0 million or 86 cents per diluted share in the year ago quarter.

For 2011 net sales increased to $1.51 billion from $1.47 billion in last year. Net income for the year fell to $30.9 million or 92 cents per diluted share compared to $37.6 million or 99 cents per share in the prior year.

United Natural Foods, Inc. ((UNFI)) decreased 1.7% or 79 cents to $45.21 after the distributor of natural, organic and specialty foods said second quarter net sales increased 15.5% to $1.29 billion from $1.11 billion in the prior year. Net income for the quarter increased 18% to $22.01 million or 45 cents per diluted share compared to net income of $18.73 million or 39 cents per share a year ago.

Vail Resorts, Inc. ((MTN)) rose 1 cent to $41.49 after the holding company reported second quarter total revenue decreased to $373.3 million from $395.1 million in the same quarter last year. Net income in the quarter decreased 15% to $46.4 million or $1.27 per diluted share compared to $54.5 million or $1.48 per diluted share in the year ago earlier.

VeriFone Systems, Inc. ((PAY)) gained 5.2% or $2.43 to $48.98 after the electronic payment solution provider reported second quarter total revenues increased 48% to $419.5 million from $283.8 million in the same quarter last year. Net loss in the quarter swung to $3.1 million or 3 cents per diluted share compared to net income of $32.0 million or 35 cents per diluted share in the year ago earlier.