Articles Tagged with ''fiscal''

Raises sales guidance, expects EPS at high end of range.

Sales for the second quarter reached a record $9.03 billion, and operating income increased 53% to $361 million.

Adjusted Operating Earnings for the first quarter was a loss of $29.9 million compared to a loss of $27.9 million last year.

Company extends stock repurchase program.

Year-to-date Adjusted Operating Earnings were a loss of $12.3 million compared to Adjusted Operating Earnings of $172.0 million last year.

The company reported fiscal 2014 first quarter net earnings of $153.3 million, up 18 percent from net earnings of $129.7 million a year earlier.

Operating income increased 36% to $412 million.

Second quarter net sales increased 2.1% to $1.1 billion.

Year-end global comparable sales increased 0.2%, reflecting higher average check and negative comparable guest counts.

Severe winter weather in the northern Midwest and continued high sow costs are key factors.