Home Videos Photos

All tag results for second quarter

Neiman Marcus' Profits Continue To Grow

Filed under: Business Blitz

neiman-marcus-2nd-quarter-earning-report-doubled.jpg

Neiman Marcus has done it again!

After an impressive first quarter, the luxury department store continued to rake in the money for the 2nd quarter ending January 28th.

In an earnings report released on Friday, Neiman's profits have nearly doubled to $40 million, compared to $21.03 million in the same period a year ago.

Wow. The luxury market is where it's at!

[Image via AP Images.]

Tags: , , ,

Permalink / Comments Off / Email this  »

Pole Dancing Lessons Are More Popular Than Gym Memberships On LivingSocial!

Filed under: Business Blitz

living social popular deals

Naughty naughty, Americans!

After LivingSocial studied the four million daily deals that it offered in the U.S. in its second quarter, they learned that pole dancing lessons are quite popular! In fact, they're even more popular than gym memberships! Ha!

Here are some other discoveries that LivingSocial made about Americans:

Tags: , , , , ,

MTV Doing Well, Achieves Sixth Consecutive Quarter Of Growth!

Filed under: TV NewsMTVBusiness BlitzReality TV

mtv doing very well

Way to go, MTV! You're on a ROLL!

For their sixth consecutive quarter, MTV has achieved growth as a network!

Here are some goals they've accomplished:

Tags: , , , , , , , ,

American Apparel Finally Hands Over Their 2nd Quarter Results

american-apparel-reports-14-million-loss-in-second-quarter.jpg

Took 'em long enough!

After months of delays, American Apparel handed over their not so shocking second-quarter results to the SEC on Monday.

According to the report, AA had a loss of $14.7 million and "may not have sufficient liquidity necessary to sustain operations for the next 12 months."

Ouch.

The report goes on to say it's "probable that beginning Jan. 31, 2011, the company will not be in compliance with the minimum consolidated EBIT covenant…".

In other words, American Apparel doesn't think they'll earn the $20 million they said they would in their newest agreement with Lion Capital.

Double ouch!

Dov Charney & Co are working to make amendments so they'll remain in compliance, however there's "substantial doubt that the company will be able to continue as a going concern."

Yikes.

Better stock up on your generic clothes now!

[Image via AP Images.]

Tags: , , , , ,

Permalink / Comments Off / Email this  »

People Are Shopping At Urban Outfitters

ap04111109546_e.jpg

Good news for Urban Outfitters.

Like other retailers, the hip retail chian is reporting a 46% increase in net income for the second quarter for a grand total of $71.7 million in sales.

Wowsa.

It probably helped that Urban added a massive beauty department as well as a bridal collection to their inventory.

Congrats!

[Image via AP Images.]

Tags: , , , , ,

Permalink / Comments Off / Email this  »