Earnings roundup: Movado, Jackson Hewitt

Recs

0

Among the earnings stories for Thursday, Dec. 4, from AP Financial News:

PARAMUS, N.J. (AP) _ Movado Group Inc. said Thursday that its profit of fiscal 2009 dropped 41 percent in its third quarter and the watch maker plans another round of cost-cutting actions to cope with a drop in retail sales.

PARSIPPANY, N.J. (AP) _ Tax preparer Jackson Hewitt Tax Service Inc. said its fiscal second quarter loss narrowed slightly as it was able to cut some expenses.

FAIRFIELD, Calif. (AP) _ Copart Inc., a junk-car auction service, said late Wednesday its fiscal first-quarter profit edged down slightly on a drop in United Kingdom revenue stemming from currency fluctuations.

SOUTH WINDSOR, Conn. (AP) _ Gerber Scientific Inc., which manufactures equipment used in making signs, specialty graphics, apparel and optical lenses, said Thursday its profit more than doubled in the fiscal second quarter due to a one-time tax benefit.

SAN DIEGO (AP) _ Defense and transportation company Cubic Corp. said Thursday its fiscal fourth-quarter profit tumbled 26 percent, partially as a result of a restructuring charge.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 788151, ~/Articles/ArticleHandler.aspx, 12/2/2009 1:33:19 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

The Must-Read Story on Fool.com
Fool Search: Be GM's Next CEO!

By The Motley Fool

Fool Search: Be GM's Next CEO!

Related Tickers

12/2/2009 12:37 PM
GRB $5.02 Up +0.02 +0.40%
Gerber Scientific,… CAPS Rating: *****
JTX $4.25 Up +0.01 +0.24%
Jackson Hewitt Tax… CAPS Rating: ***
MOV $10.42 Down -0.02 -0.19%
Movado Group, Inc. CAPS Rating: ***
CPRT $35.21 Up +2.20 +6.66%
Copart, Inc. CAPS Rating: *****

Community: Investing Wiki

Term Of The Hour

Private equity: Private Equity is investment funds arranged privately without the need for a publically traded stock or bond issue.

Want to learn more or edit this definition?
Click here to read more!