Posts Tagged ‘sales’

Could better interest rates, sales offset Kemper plant cost overruns?

by Associated Press Published: August 7,2012

Tags: byproducts, coal, construction, cost overrun, electricity, energy, interest rate, plant, power, ratepayer, sales, state agency

KEMPER COUNTY — Lower interest rates and higher sales of byproducts could allow Mississippi Power Co. to make up for higher costs at the power plant it’s building in Kemper County. Officials say customers won’t have to pay more to cover the plant’s cost, which has risen from $2.4 billion to more than $2.8 billion. [...] [...]

Weather, industrial sales boost TVA’s quarterly numbers

by MBJ Staff Published: August 3,2012

Tags: earnings, electricity, energy, profit, revenue, sales, utility, Weather

NORTH MISSISSIPPI — Weather and higher sales to industrial customers improved the Tennessee Valley Authority’s (TVA’s) financial performance in the three months ended June 30, the utility said today in its quarterly report to the Securities and Exchange Commission. Warm temperatures across the Tennessee Valley during the period from April through June of 2012, including [...] [...]

Cal-Maine’s profits soar; Baker replacing Adams as chairman

JACKSON — Egg producer Cal-Maine Foods says its net income grew more than five-fold in its fiscal fourth quarter as it produced and sold more eggs in the period on stronger consumer demand and got a lift from a one-time gain related to a joint venture. Cal-Maine said its average selling price rose 9.7 percent [...] [...]

EastGroup’s earnings up 44% on property sale gains

by Associated Press Published: July 20,2012

Tags: building, Commercial Real Estate, earnings, office space, profits, publicly traded company, real estate, sales

JACKSON — EastGroup Properties’ profit jumped in the second quarter on property sale gains. The real estate investment trust said quarterly profit rose to $8.1 million, or 28 cents per share. That’s up 44 percent from $5.6 million, or 20 cents per share, in the year-ago quarter. Analysts polled by FactSet had on-average predicted 23 [...] [...]

City’s year-over-year sales tax collections up nearly 10%

by Associated Press Published: July 18,2012

Tags: budget, city, municipal government, municipality, retail, sales, Sales Tax, shop, shopper, shopping, tax, tax collection, tourism, tourist, visditor

NATCHEZ — Sales tax collections in May for the city of Natchez increased 9.5 percent over May of last year. The Natchez Democrat reports it was the 10th month of an upward trend in sales taxes for Natchez. Overall sales tax collections totaled approximately $447,780, up approximately $38,980 from the $408,800 collected in May 2011. [...] [...]

Silver Airways to start selling tickets for three airports by August

AROUND MISSISSIPPI — Silver Airways will begin selling tickets by Aug. 1 for passenger service from three Mississippi locations. Mickey Bowman, vice president of essential air service at the Fort Lauderdale, Fla.-based airline, tells the Northeast Mississippi Daily Journal flights from Tupelo, Greenville and Hattiesburg-Laurel in Mississippi, as well as for Muscle Shoals, Ala., and [...] [...]

Hancock Fabrics’ sales up, but still records net loss

BALDWYN — Hancock Fabrics Inc., for its first quarter ended April 28, reports an operating loss of $1.2 million, compared to a $1.0 million loss in the first quarter of last year. The net loss was $2.4 million, or $0.12 per basic share, compared to a net loss of $2.2 million, or $0.11 per basic [...] [...]

Phosphate Holdings loses $1.1M during first quarter

MADISON — Phosphate Holdings Inc. (PHI) reported a first quarter 2012 net loss of $1.1 million, compared to net income of $16,000 for the same period in 2011. The company incurred an operating loss of $1.9 million for the first quarter of 2012, compared to operating income of $53,000 for the prior-year period. Earnings before [...] [...]

Sanderson Farms gets back in black

LAUREL — Sanderson Farms Inc. has reported results for its second fiscal quarter and six months ended April 30, 2012. Net sales for the second quarter were $595.0 million, compared with $479.3 million for the same period a year ago. Net income was $23.9 million, or $1.04 per share, compared with a net loss of $16.3 million, or $0.74 per [...] [...]

Hancock Fabrics losses mount; faces many challenges

by Associated Press Published: May 23,2012

Tags: bankrupt, bankruptcy, cloth, clothes, debt, fabrics, losses, retail, sales, sewing

BALDWYN — Hancock Fabrics faces many challenges, according to analysts and the company. The Baldwyn-based company last month reported it lost nearly $11.3 million in the most recent fiscal year. The fabric and craft retailer additionally had to cope with falling sales and self-admitted merchandise problems. In the past year, it’s also hired a new [...] [...]

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