Monday, August 27, 2007

Gymboree Reports $5.8M Profit In Q2

Gymboree Reports $5.8M Profit In Q2
San Francisco Business Times - 2:39 PM PDT Wednesday, August 22, 2007

Children's clothing seller Gymboree Corp. reported a profit of $5.8 million for the second quarter, compared with a profit of just $544,000 a year ago in the same quarter.

The San Francisco company (NASDAQ: GYMB) pulled in sales of $182.4 million in the quarter, which ended Aug. 4. A year ago Gymboree had sales of $152.1 million in the second quarter.

Same store sales, which compare performance at stores open at least a year, rose 5 percent in the most recent quarter.

The company, led by CEO and Chairman Matthew McCauley, expects earnings of 84 cents to 87 cents a share for the third quarter, and $2.50 to $253 per share for the fiscal year 2007. It expects low to mid-single digit same store sales growth in the third quarter.

Gymboree had 739 stores at quarter's end.

Solano's Got It!

Solano's Got It!
The Best That Northern California Has To Offer.

Blog Archive