Posts Tagged ‘sales’

Sales flat, net income down at TVA during first quarter

by MBJ Staff Published: February 5,2013

Tags: electricity, energy, finncial statement, loss, net income, power, revenue, sales, utility, Weather

NORTH MISSISSIPPI — The Tennessee Valley Authority reported electricity sales were relatively flat in the first quarter of fiscal year 2013, total revenues were consistent with the prior year and net income was down. Higher off-system sales as a result of excess generation and closer to normal temperatures for the period, compared with even warmer weather a year ago, [...] [...]

Utility’s earnings up, but expansion and hiring delayed

ATLANTA — Southern Company reported fourth quarter 2012 earnings of $383 million, or 44 cents a share, compared with earnings of $261 million, or 30 cents a share, in the fourth quarter of 2011. Southern Company, the parent company of Mississippi Power Co., also reported full-year 2012 earnings of $2.35 billion, or $2.70 a share, [...] [...]

Study: Confidence in economy holding steady on Coast

by MBJ Staff Published: January 31,2013

Tags: consumer confidence, economy, forecast, job, prediction, sales, study, survey, tax, work, worker

MISSISSIPPI GULF COAST — Confidence in the Mississippi Gulf Coast economy held steady in the fourth quarter of 2012, according to the CEO and Business Owners Confidence report from the Gulf Coast Business Council. “For the second consecutive survey, business leaders perceive a modestly improving economy,” said Jack Norris, president of the Gulf Coast Business [...] [...]

Voters overwhelmingly say yes to in-city liquor sales

by Associated Press Published: January 31,2013

Tags: alcohol, booze, city, drinking, election, liquor, municipal, municipality, poll, sales, vote, voter, Voting

SENATOBIA — Voters have approved a proposal to legalize the sale of liquor inside Senatobia’s limits. Complete but unofficial results show the issue passed in Tuesday’s special election by a three-to-one margin. A new state law allows city-only votes on liquor. Previously, all liquor votes in Mississippi have been county-wide, even though liquor and wine [...] [...]

NRF forecasts retail growth this year to lag 2012

by MBJ Staff Published: January 29,2013

Tags: association, buy, cunstomer, forecasdt, predict, prediction, purchase, retail, retailer, retailing, sales, sell, shop, store

WASHINGTON, D.C. — The National Retail Federation released its 2013 economic forecast today, projecting retail industry sales (which exclude automobiles, gas stations, and restaurants) will increase 3.4 percent, slightly less than the preliminary 4.2 percent growth seen in 2012. The subdued forecast comes on the heels of a holiday season that went head-to-head with Washington’s [...] [...]

Challenging market, input costs cut Cal-Maine’s earnings

JACKSON — Cal-Maine Foods Inc. reported net sales for the second quarter of fiscal 2013 were $328.9 million, compared with net sales of $290.4 million for the same quarter of fiscal 2012. The egg company reported net income of $14.3 million, or $0.60 per basic share, for the second quarter, compared with net income of [...] [...]

Rent-to-own company chooses Ideal solution

MERIDIAN — Buddy’s Home Furnishings, an independent rent-to-own dealer based in Tampa, Fla., has chosen the VersiRent business information system from Ideal Software Systems for its 128 store locations and home office. Salvatore Moccia, chief information officer at Buddy’s, said that the company conducted extensive research within and outside the industry, comparing more than 200 [...] [...]

Fertilizer company reports loss, decreased sales

MADISON — Phosphate Holdings Inc. reports a third quarter of 2012 net loss of $4.8 million, or $0.57 per diluted share of common stock, compared to net income of $1.5 million, or $0.18 per diluted share of common stock, for the same period in 2011. Earnings before interest, taxes, depreciation and amortization (EBITDA) for the third quarter of [...] [...]

Despite ‘challenging’ year, Sanderson sets new sales record

LAUREL — Sanderson Farms Inc. saw net sales for the fourth quarter of fiscal 2012 of $648.4 million, compared with $559.8 million for the same period a year ago. For the quarter, the poultry company reported net income of $9.3 million, or $0.41 per share, compared with a net loss of $21.6 million, or $0.97 per [...] [...]

Hancock Fabrics’ sales up, but posts loss

by MBJ Staff Published: December 10,2012

Tags: earnings, fabric, income, loss, publicly traded company, retail, revenue, sales, sew, sewing

BALDWYN — Hancock Fabrics Inc., during the third quarter ended Oct. 27, recorded net sales of $71.9 million, compared to $70.8 million for the third quarter of last year, and comparable store sales increased 2.3 percent, compared to a 3.5 percent decline in the previous year. The retailer reports an operating loss of $800,000, compared [...] [...]

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