U.S. Movers: Acuity, Bed Bath Beyond, Family Dollar, Global Payments

Mukesh Buch
09 Jan, 2014
New York City

Acuity Brands net surged 70% and sales climbed 20%. Bed Bath & Beyond net climbed 9%. Family Dollar fell 3% but net sales rose 3%. Global Payments net jumped 5% on revenue increase of 8%. Nordion net swung to profit. Supervalu net doubled.

[R]11:30 AM New York – Acuity Brands net surged 70% and sales climbed 20%. Bed Bath & Beyond net climbed 9%. Family Dollar fell 3% but net sales rose 3%. Global Payments net jumped 5% on revenue increase of 8%. Nordion net swung to profit. Supervalu net doubled.[/R]

Acuity Brands, Inc. ((AYI)) surged 17.5% or $19.22 to $129.25 after the lighting solutions provider reported net sales in the first-quarter ending in November climbed 20% to $574.7 million. Net income in the quarter surged 70% to $44.5 million or $1.03 a diluted share compared to $26.1 billion or 61 cents.

Bed Bath & Beyond Inc ((BBBY)) plunged 12.2% or $9.72 to $69.96 after the home furnishings retailer reported net sales in the third-quarter ending in November jumped 6% to $2.87 billion.

Net earnings in the quarter climbed 8.7% to $237.2 million and $1.12 per diluted share compared to $232.8 million or $1.03 per share.

Family Dollar Stores, Inc. ((FDO)) plunged 6.6% or $4.40 to $61.94 after the deep discount store chain said net sales in the first-quarter ending in November rose 3.2% to $2.5 million. Comparable store sales in the quarter decreased 2.8%.

Net income in the quarter fell 3.1% to $78 million or 68 cents a diluted share compared to $80.3 billion or 69 cents.

Global Payments Inc ((GPN)) climbed 5.9% or $3.81 to $68.22 after the payment service provider said revenue in the second-quarter ending in November increased 8% to $588.5 million.

Net income in the quarter climbed 5.3% to $73.9 million and $1.02 per diluted share compared to $70.2 million or 89 cents per share.

The company expected diluted earnings per share for the year in the range of $4.03 to $4.10.

Nordion Inc ((NDZ)) jumped 8.2% or 69 cents to $9.16 after the health science company said revenue in the fourth-quarter ending in October declined 31% to $51.3 million.

Net in the quarter swung to a profit $56.3 million and 91 cents per diluted share compared to a loss of $43.5 million or 70 cents per share.

Supervalu Inc ((SVU)) slid 3 cents to $7 after the grocery retailer said net sales in the third-quarter ending in November fell 1% to $4.01 billion.

Net earnings in the quarter doubled to $31 million and 12 cents per diluted share compared to $16 million or 8 cents per share.

WD-40 Company ((WDFC)) dropped 3.9% or $2.94 to $72.61 after the consumer products maker said net sales in the first-quarter ending in November edged slightly up to $95.5 million from 95.3 million.

Net income in the quarter jumped 5% to $11.5 million and 74 cents per diluted share compared to $10.9 million or 69 cents per share.