SurfWax News Index  |  Track News  |  Save/Exchange Information |  About Us

    News and Articles on Cost of Goods Sold

    Archives: Cost of Goods Sold

    The Brualdi Law Firm, P.C. Announces Class Action Lawsuit Against SunPower Corporation  Nov 21, 2009
    Specifically, the financial statements and information issued by SunPower in its press releases, quarterly reports for 2008 and 2009 and annual report for the fiscal year 2008 were false and misleading because defendants included unsubstantiated accounting entries related to cost of goods sold in the Company's Philippines operations. On November 16, 2009, SunPower filed a report on Form 8-K with the SEC stating that because of accounting improprieties, previously issued financial statements for... (Primezone Releases)

    SunPower stock dips on accounting news  Nov 18, 2009
    The company said Monday that accounting entries in the Philippines may have overstated expenses in its cost of goods sold of approximately $1 million in the first quarter, $14 million in the second quarter and about $2 million in the third quarter. If the preliminary investigation findings prove to be final, they could impact the company's 2009 financial results. (San Jose Business Journal, CA)

    Singing Machine Announces 2nd Quarter Earnings Release  Nov 17, 2009
    The Singing Machine Company, Inc. and Subsidiaries CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) For Three Months Ended For Six Months Ended ----------------------- ------------------------ September September September September 30, 30, 30, 30, 2009 2008 2009 2008 ---------- ----------- ----------- ----------- Net Sales $6,991,372 $12,616,396 $7,805,380 $14,386,742 Cost of Goods Sold 5,607,768 10,595,445 6,707,398 12,163,142 ---------- ----------- ----------- ----------- Gross Profit... (Yahoo! Wire -- Entertainment News)

    SunPower looking at possible restatements  Nov 17, 2009
    Based upon preliminary findings, the company said accounting entries in the Philippines may have overstated expenses in its cost of goods sold of approximately $1 million in the first quarter, $14 million in the second quarter and about $2 million in the third quarter. If the preliminary investigation findings prove to be final, they could impact the company's 2009 financial results. (San Jose Business Journal, CA)

    Crowflight Announces Third Quarter 2009 Financial Results  Nov 17, 2009
    45 --------------------------------------------------------------------------- (1) Includes settlement of prior quarter sales (2) Other metal revenue is recorded as an offset to Cost of Goods Sold in the Company's financial statements (3) Pricing adjustments reflect final pricing/volume adjustments on lots sold in prior quarters (4) Non-GAAP Measure This press release refers to cash cost per pound and working capital which is not a recognized measure under Canadian GAAP. This non-GAAP financial... (CCNMatthews Press Releases)

    Globe Specialty Metals Announces First Quarter Fiscal 2010 Results  Nov 13, 2009
    GLOBE SPECIALTY METALS, INC. AND SUBSIDIARY COMPANIES Condensed Consolidated Balance Sheets (In thousands) Sept. 30, June 30, 2009 2009 --------- --------- (Unaudited) Assets Current assets: Cash and cash equivalents $ 114,020 61,876 Accounts receivable, net of allowance for doubtful accounts 38,513 24,094 Inventories 57,283 67,394 Prepaid expenses and other current assets 19,996 24,675 --------- --------- Total current assets 229,812 178,039 Property, plant, and equipment, net 215,353 217,507... (Primezone Releases)

    Aegean Marine Petroleum 3Q Profit up 49 Percent  Nov 12, 2009
    6 million a year ago, but net revenue, which excludes the cost of goods sold and cargo transportation expenses, increased 12. 5 percent to $52. (ABC News -- Wire)

    Adams Golf Announces Results for Third Quarter 2009  Nov 11, 2009
    In addition to the $5 million settlement expense incurred this quarter, year to date net loss also includes the one time charge to cost of goods sold of $3 ... 001 par value; authorized 12,500,000 shares; 7,108,679 and 6,909,866 shares issued and 6,697,742 and 6,498,929 shares outstanding at September 30, 2009 (unaudited) and December 31, 2008, respectively 7 7 Additional paid-in capital 93,351 92,701 Accumulated other comprehensive income 1,808 565 Accumulated deficit (48,515) (38,205) Treasury... (Primezone Releases)

    TSO3 announces financial results for Q3 2009 and updates on negotiations with 3M  Nov 11, 2009
    The teams are working to complete the due diligence and business plans required to support a fair and lasting agreement", commented Mr. Rumble. "In parallel with these meetings, discussions as to the timing and sequence of product introductions continue to take place, focused on markets where we expect timely regulatory clearances (Canada Newswire)

    Benvest New Look Income Fund Releases Its Results for the Third Quarter of 2009  Nov 10, 2009
    It excludes any gain or loss on foreign currency translation (except if related to cost of goods sold), expenses related to former portfolio investments, equity-based compensation, and non-controlling interest. EBITDA is not a recognized measure under Canadian generally accepted accounting principles (GAAP) and may not be comparable to similar measures used by other entities. (CCNMatthews Press Releases)

    EA Reports Record Q2 Non-GAAP Net Revenue of $1.15 Billion  Nov 10, 2009
    EA Reports Record Q2 Non-GAAP Net Revenue of $1. "market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-18000", "open" : "1257863429", "close" : "1257886829", "flags" : {}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000". (Yahoo! Wire -- Entertainment News)

    KDDI May Miss Profit, Sales Targets on Falling Handset Sales, Nagao Says  Nov 10, 2009
    Operating profit, or sales minus the cost of goods sold and administrative expenses, may increase 6 percent to 470 billion yen in the period, while sales are projected to fall 0. 5 percent. (Bloomberg -- Japan)

    IKONICS Reports Third Quarter Results  Nov 7, 2009
    IKONICS Corporation CONDENSED STATEMENTS OF OPERATIONS (Unaudited) For the Three Months and Nine Months Ended September 30, 2009 and 2008 Three Months Ended Nine Months Ended 09/30/09 09/30/08 09/30/09 09/30/08 ----------- ----------- ----------- ----------- Net sales $ 3,920,663 $ 3,832,783 $11,270,376 $11,943,690 Cost of goods sold 2,337,757 2,178,597 6,825,654 6,798,858 ----------- ----------- ----------- ----------- Gross profit 1,582,906 1,654,186 4,444,722 5,144,832 Operating expenses... (Primezone Releases)

    DoCoMo to Rely on Dividend to Boost Record-Low Stock, Finance Officer Says  Nov 6, 2009
    Operating profit, or sales minus the cost of goods sold and administrative expenses, fell 17 percent to 233. 4 billion yen in the period, as sales slumped 3. (Bloomberg -- Japan)

    Brampton Brick Reports Results for the Third Quarter Ended September 30, 2009  Nov 6, 2009
    Lower cost of goods sold, corresponding to the decrease in sales volumes, and a reduction in selling, general and administrative expenses were partially offset by higher amortization charges ... These amounts are included in cost of goods sold ... Lower cost of goods sold and a significant decrease in selling, general and administrative expenses were partially offset by higher amortization charges. (CCNMatthews Press Releases)

    Accounting 101 Inventory, Cost of...  Nov 5, 2009
    Accounting 101 Inventory, Cost of Goods Sold. Accounting 101 Inventory, Cost of Goods Sold ... Understanding inventory and cost of goods sold is important to learning accounting basics. (Suite101.com)

    Astellas Cuts Full-Year Profit Forecast on Stronger Yen, Research Charges  Nov 5, 2009
    Full-year operating profit, or sales minus the cost of goods sold and administrative expenses, is expected to drop 20 percent to 200 billion yen, less than the earlier forecast of 215 billion yen. Astellas raised its sales projection for the year to 976 billion yen from the previously expected 968 billion yen, citing better-than-expected sales of its Harnal medication and vaccines. (Bloomberg -- Japan)

    Coca-Cola Amatil reports solid third-quarter revenue growth  Nov 4, 2009
    CCA said depreciation of the Indonesian rupiah against the US dollar and other factors would lead to a double-digit increase in the cost of goods sold in Indonesia during 2009. Overall, the beverage cost of goods sold per unit case in 2009 would rise by between 5 per cent and 6 per cent on a constant currency basis, excluding Indonesia, CCA said. (Sydney Morning Herald -- Business)

    Locking up harbour park for fireworks is wrong  Nov 4, 2009
    It will be interesting to see what the cost of goods sold on site is at this years event. Perhaps a more appropriate solution to the social problems caused by concentrating crowds, is for the event organisers to come up with an event more sympathetic to the city in which it is held. (Sydney Morning Herald -- Opinion)

    Otter Tail Corporation Announces Third Quarter Earnings; Board of Directors Declares Dividend  Oct 30, 2009
    We are committed to maintaining a strong balance sheet and an appropriate cost structure that provide Otter Tail Corporation with significant financial flexibility," said Moug. Segment Performance Summary Electric Electric revenues and net income were $73.6 million and $9.5 million, respectively, for the quarter ended September 30, 2009 compared with revenues of $82.9 million and net income of $6.5 million for the quarter ended September 30, 2008. Wholesale electric revenues from company-owned... (Primezone Releases)

    DoCoMo Second-Quarter Net Income Declines 21% on Data Plans, Handsets  Oct 30, 2009
    DoCoMo maintained its annual forecast for operating profit, or sales minus the cost of goods sold and administrative expenses, at 830 billion yen. The carrier and and are offering cheaper plans to encourage data use as revenue from voice traffic declines. (Bloomberg -- Japan)

    O'Reilly Automotive, Inc., Reports Third Quarter 2009 Results  Oct 29, 2009
    O'REILLY AUTOMOTIVE, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (In thousands, except per share data) Three Months Ended Nine Months Ended September 30, September 30, ------------------------ ------------------------ 2009 2008 2009 2008 ----------- ----------- ----------- ----------- Sales $ 1,258,239 $ 1,111,272 $ 3,673,365 $ 2,461,922 Cost of goods sold, including warehouse and distribution expenses 647,684 604,066 1,916,371 1,349,125 ----------- -----------... (Primezone Releases)

    Nikon Narrows Full-Year Loss Forecast on Recovering Camera Unit Earnings  Oct 29, 2009
    Operating loss, or sales minus the cost of goods sold and administrative expenses, will probably reach 18 billion yen, narrower than the previous 30 billion yen deficit projection. Operating profit totaled 48. (Bloomberg -- Japan)

    NEC Slashes Profit Forecast by 40%, Citing Slumping Semiconductor Demand  Oct 29, 2009
    Operating profit, or sales minus the cost of goods sold and administrative expenses, will probably reach 60 billion yen ($664 million) in the period, compared with 100 billion yen projected earlier and a loss of 6. 2 billion yen in the year ended March 31, NEC said today. (Bloomberg -- Japan)

    Advantest Second-Quarter Net Loss Widens on Slump in Chipmaker Orders  Oct 28, 2009
    The operating loss, or sales minus the cost of goods sold and administrative expenses, widened to 3. 47 billion yen in the quarter from 2. (Bloomberg -- Japan)

    NEC Electronics Widens its Full-Year Net Loss Forecast to $602 Million  Oct 28, 2009
    The operating loss, or revenue minus the cost of goods sold and administrative expenses, widened to 15. 5 billion yen in the quarter from 500 million yen a year earlier, as sales tumbled 29 percent to 118. (Bloomberg -- Japan)

    Thermadyne Holdings Corporation Announces 2009 Third-Quarter Results  Oct 28, 2009
    0% Cost of goods sold 60,706 67 ... 0% Cost of goods sold 182,517 70. (Primezone Releases)

    Canon Posts Seventh Consecutive Quarterly Profit Decline on Stronger Yen  Oct 27, 2009
    Canons operating profit, or sales minus the cost of goods sold and administrative expenses, dropped 54 percent to 60 billion yen as revenue declined 21. 5 percent to 774 billion yen. (Bloomberg -- Japan)

    Hoya's Hamada Targets $1 Billion Health-Care Takeover After Pentax Deal  Oct 27, 2009
    Hoya may post 15 billion yen in operating , or sales minus the cost of goods sold and administrative expenses, for the second quarter, a 60 percent increase from the April-to-June period, the Nikkei newspaper said last week, without saying how it got the information. The Pentax unit likely turned profitable for the first time in seven quarters after the company cut costs by reducing the workforce, the Nikkei said. (Bloomberg -- Japan)

    Toshiba Posts First-Half Loss Narrower Than Forecast on Cost Reductions  Oct 27, 2009
    or sales minus the cost of goods sold and administrative expenses, was 2 billion yen in the period, compared with the 30 billion yen loss the company had forecast, Toshiba said. Revenue was 2. (Bloomberg -- Japan)

    Canexus Income Fund Announces Third Quarter Results  Oct 23, 2009
    Operating Results for the Periods Ended September 30, 2009 and 2008 Three Months Ended Nine Months Ended September 30 September 30 CAD thousands 2009 2008 2009 2008 ---------------------------------------------------------------------------- Revenues Sales 114,883 130,373 347,939 349,864 Expenses Cost of Goods Sold 78,239 90,503 230,623 251,931 Amortization 11,775 11,151 35,162 31,814 General and Administrative 8,361 8,849 26,654 23,788 Interest 1,864 2,992 5,624 8,180... (CCNMatthews Press Releases)

    Builders FirstSource Reports Third Quarter 2009 Results  Oct 23, 2009
    Charles Horn, Builders FirstSource Senior Vice President and Chief Financial Officer, added, "Although sales were down $77.1 million from the prior year, we reduced our loss from continuing operations before income taxes by $4.3 million, or $0.12 per diluted share. Gross margins fell 0.3 percentage points, from 21.2 percent to 20.9 percent year-over-year, primarily due to lower sales volume against fixed costs in cost of goods sold. On a sequential quarter basis, gross margin fell 1.5 percentage... (Primezone Releases)

    Tokyo Electron Has Narrower First-Half Loss Than Forecast on Higher Demand  Oct 22, 2009
    The operating loss, or revenue minus the cost of goods sold and administrative expenses, was 21. 6 billion yen, compared with the outlook for a 36 billion yen deficit and 26. (Bloomberg -- Japan)

    First Cash Reports Record Third Quarter Earnings; EPS Growth of 21% Exceeds Estimates on Strong Revenues, Raising Full Year 2009 Guidance  Oct 20, 2009
    " Forward-Looking Information This release may contain forward-looking statements about the business, financial condition and prospects of the Company. Forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, can be identified by the use of forward-looking terminology such as "believes," "projects," "expects," "may," "estimates," "should," "plans," "targets," "intends," "could," or "anticipates," or the negative thereof, or other variations... (Primezone Releases)

    Aastra Reports Improved Earnings and Declares Dividend  Oct 20, 2009
    AASTRA TECHNOLOGIES LIMITED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED) Stated in thousands of Canadian dollars, except per share amounts YEAR-TO-DATE 3rd QUARTER Nine months Three months ended September 30th ended September 30th 2009 2008 2009 2008 -------------------------------------------------------------------------- Sales $ 615,093 $ 570,292 $ 198,666 $ 224,464 Cost of goods sold 331,199 319,396 109,853 123,237 --------------------------------------------------------------------------... (CCNMatthews Press Releases)

    * LG Displays Q3 profit jumps 89%  Oct 16, 2009
    Operating profit, or sales minus the cost of goods sold and administrative expenses, more than tripled to 904 billion won. Analysts estimated 959 billion won. (Taipei Times, Taiwan -- World)

    Asian stocks rally on bank results  Oct 15, 2009
    Operating profit, or sales minus the cost of goods sold and administrative expenses, was 500 million yen ($US5. 6 million) in the three months to Sept. 30, the company said in a preliminary earnings statement today. (Sydney Morning Herald -- Business)

    Kroger CEO undaunted by competition, trade downs  Oct 12, 2009
    Kroger s shrinking gross margins a measure of the percentage difference between sales and the cost of goods sold are not new. They ve been in decline for most of the past decade as it has implemented its Customer 1st strategy that focuses on building customer loyalty and market share. (Cincinnati Business Courier, OH)

    Parisians Waiting in Rain for Uniqlo Sweaters Spur Fast Retailing's Growth  Oct 7, 2009
    Operating profit, or sales minus the cost of goods sold and selling, general and administrative expenses, may reach 109 billion yen, they said. Luxury Brands. (Bloomberg -- Japan)

    Samsung Third-Quarter Earnings More Than Double, Exceed Analyst Estimates  Oct 6, 2009
    Operating income, or sales minus the cost of goods sold and administrative expenses, ranged from 3. 9 trillion won to 4. (Bloomberg -- Asia)

    Accounting 101 Income Statement  Oct 5, 2009
    Gross profit is figured by subtracting the GL account for cost of sales (or cost of goods sold) from the GL sales account. The upper portion of the P & L statement will normally show sales, along with gross profit as well as the gross profit percentage to sales. (Suite101.com)

    Bell Microproducts Announces Financial Results for the First and Second Quarters of 2009 and Files All Past Due SEC Reports  Sep 16, 2009
    Professional fees for audit, legal, tax and outside accounting advisor services considered to be in excess of estimated spending due to the impact of internal control weaknesses and external accounting and regulatory investigations; * Settlements of certain trade credits received from customers (recorded as an increase in net sales) and vendors (recorded as a reduction of cost of goods sold), primarily identified during the restatement process; * Amounts recorded under agreements with the former... (Primezone Releases)

    Hanfeng Announces Financial Results for Fiscal 2009  Sep 10, 2009
    Conventional fertilizers collectively account for approximately 90 percent of Hanfeng's cost of goods sold, but also represent Hanfeng's primary product competition. As a value-added product, Hanfeng's SCR prices closely track the raw material prices. (CCNMatthews Press Releases)

    Asian Stocks Rise on Australian Business Confidence, Computer Chip Prices  Sep 8, 2009
    Third-quarter operating profit, or sales minus the cost of goods sold and administrative expenses, may double from the previous quarter, HI Investment & Securities Co. wrote in a report today. Taiwans No. 1 construction company by value, surged by 6. (Bloomberg -- Asia)

    Quiksilver's Fiscal 3Q Meets Analyst Expectations  Sep 4, 2009
    1 million, and the cost of goods sold fell to $267 million from $280 million. "The retail environment remains very challenging, and we will continue to adapt our cost structure to this trend as we go forward," CEO Robert B. McKnight Jr. said. (ABC News -- Wire)

    Ridley Inc. Reports Financial Results for Fiscal 2009 Fourth Quarter  Sep 3, 2009
    In the three and twelve months ended June 30, 2009, the Company recorded a charge of $223,000 and $895,000 (2008 - credit of $456,000 and $851,000) to cost of goods sold associated with market valuations of derivatives, respectively. In the three and twelve months ended June 30, 2009, the Company recorded a credit of $122,000 and a charge of $218,000 (2008 - credit of $58,000 and charge of $197,000), to finance costs associated with market valuations of derivatives, respectively. (CCNMatthews Press Releases)

    Take-Two Interactive Software, Inc. Reports Third Quarter Fiscal 2009 Financial Results  Sep 2, 2009
    Total cost of goods sold ... Total cost of goods sold. (Yahoo! Wire -- Entertainment News)

    * Compal net income beats estimates on investment gains  Aug 29, 2009
    Operating profit, or sales minus the cost of goods sold and administrative expenses, climbed 47 percent to NT$3. 42 billion, compared with the median NT$3. (Taipei Times, Taiwan -- Business)

    * [BUSINESS BRIEFS]  Aug 28, 2009
    6 percent to NT$119 billion, while operating profit, or sales less the cost of goods sold and administrative expenses, climbed 12 percent to NT$3. 04 billion. (Taipei Times, Taiwan -- World Business)

    Staples quarterly profit falls 38%  Aug 26, 2009
    Gross margin, the fraction of sales remaining after subtracting the cost of goods sold, shrank to 25. 7 percent, from 26. (Boston Globe)

    BrandsMart goes 'green'  Aug 24, 2009
    There s so much volume that moves through their stores, and their [cost of goods sold] are so low, it gives them an advantage in pricing, said Strasser. Company executives aren t interested in market niches. (Atlanta Journal-Constitution -- Business)

    China Nepstar Chain Drugstore Reports Second Quarter 2009 Financial Results  Aug 24, 2009
    For more information, please contact: In China: Lucia Qian China Nepstar Chain Drugstore Ltd. Vice President, IR Phone: +86-755-2641-4065 Email: In the United States: Dixon Chen Grayling Investor Relations Tel: +1-646-284-9403 Email: Ivette Almeida Grayling Media Relations Tel: +1-646-284-9455 Email: Tables Follow China Nepstar Chain Drugstore Ltd. Condensed Consolidated Statements of Operations (amounts in thousands - except share and per-share data) Three-month period ended June 30, 2008 2009... (PR Newswire)

    Hot Topic, Inc. Reports 2nd Quarter Loss of $0.07 Per Share  Aug 20, 2009
    HOT TOPIC, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share amounts) (Unaudited) Second Quarter Ended -------------------------- Aug. 1, 2009 Aug. 2, 2008 ------------ ------------ Net sales $157,793 $166,814 Cost of goods sold, including buying, distribution and occupancy costs 108,135 111,246 Gross margin 49,658 55,568 Selling, general & administrative expenses 55,084 56,722 Loss from operations (5,426) (1,154) Interest income-net 183 413 Loss before benefit for... (Primezone Releases)

    Limited Brands Reports Second Quarter 2009 Earnings  Aug 20, 2009
    LIMITED BRANDS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME THIRTEEN WEEKS ENDED AUGUST 1, 2009 AND AUGUST 2, 2008 (Unaudited) (In thousands except per share amounts) 2009 ---- Reported Adjustments Adjusted -------- ----------- -------- Net Sales $2,066,610 $- $2,066,610 Cost of Goods Sold, Buying & Occupancy (1,398,601) - (1,398,601) ---------- --- ---------- Gross Profit 668,009 - 668,009 General, Administrative and Store Operating Expenses (519,366) - (519,366) Net Gain on Joint... (PR Newswire)

    La-Z-Boy Reports First-Quarter Profit  Aug 19, 2009
    LA-Z-BOY INCORPORATED CONSOLIDATED STATEMENT OF OPERATIONS First Quarter Ended ------------------- (Unaudited, amounts in thousands, 7/25/09 7/26/08 except per share data) --------------------------------- -------- -------- Sales $262,671 $321,652 Cost of sales Cost of goods sold 181,549 235,596 Restructuring 736 5,795 --- ----- Total cost of sales 182,285 241,391 Gross profit 80,386 80,261 Selling, general and administrative 77,456 91,270 Write-down of intangibles - 1,292 Restructuring 301 781... (PR Newswire)

    PPGI Reports Second Quarter and Six Month 2009 Financial Results  Aug 19, 2009
    01 par value; 60,000,000 authorized shares; 11,391,132 shares issued at June 30, 2009 and 11,230,678 issued at December 31, 2008 113,910 112,306 Capital in excess of par value 16,978,982 16,622,466 Accumulated deficit (7,247,054) (6,595,647) ---------- ---------- 9,845,838 10,139,125 Less - Common stock in treasury, at cost (4,600 shares respectively) (14,950) (14,950) ------- ------- Total Shareholders' Equity 9,830,888 10,124,175 --------- ---------- Total Liabilities and Shareholders' Equity... (PR Newswire)

    Ulvac Aims to Increase Profitability on Materials, Solar Gear, Suwa Says  Aug 18, 2009
    Operating profit, or sales minus the cost of goods sold and administrative expenses, will climb 61 percent to 5. 6 billion yen, the company said. (Bloomberg -- Japan)

    China Gengsheng Minerals, Inc. Reports Unaudited EPS of $0.09 for the Second Quarter of 2009  Aug 15, 2009
    001 par value 100,000,000 shares authorized, 24,038,183 shares issued and outstanding 24,038 24,038 Additional paid-in capital 19,608,044 19,608,044 Statutory and other reserves 7,207,206 7,207,206 Accumulated other comprehensive income 4,298,028 4,355,605 Retained earnings 15,075,361 12,078,137 Total stockholders' equity 46,212,677 43,273,030 NONCONTROLLING INTERESTS 251,236 175,731 TOTAL EQUITY 46,463,913 43,448,761 TOTAL LIABILITIES AND EQUITY $83,374,806 $68,511,128 China Gengsheng Minerals,... (PR Newswire)

    Cyalume Technologies Holdings Announces Results for the Second Quarter of 2009  Aug 15, 2009
    Cyalume Technologies Holdings, Inc. Condensed Consolidated Statements of Operations (in thousands, except shares and per share information) (Unaudited) Predecessor For the For the Three Months Three Months Ended Ended June 30, June 30, 2009 2008 ------------ ------------ Revenues $ 7,959 $ 10,737 Cost of goods sold 4,575 4,773 ------------ ------------ Gross profit 3,384 5,964 Other expenses (income): Sales and marketing 746 862 General and administrative 1,377 1,062 Research and development 415... (Primezone Releases)

    Petrobras Second-Quarter Profit Beats Estimates as Production Costs Drop  Aug 15, 2009
    The cost of goods sold fell about 28 percent to 24. 6 billion reais in the quarter and Gabrielli said this year he wants to squeeze suppliers. (Bloomberg -- Latin America)

    Spectrum takes loss without one-time payment  Aug 14, 2009
    4 million in cost of goods sold, compared with none a year ago. Fusilev is given to patients who suffer from vitamin deficiency after being treated with chemotherapy for colorectal cancer. (Yahoo News -- Pharmaceutical Industry News)

    BioFuel Reports Second Quarter Results  Aug 14, 2009
    3 million in cost of goods sold, including $79 ... 9 million in cost of goods sold and $6 ... BioFuel Energy Corp. (in thousands, except per share amounts) Three Months Ended Six Months Ended June 30, June 30, ------------------ ---------------- Summary Income Statement 2008 2009 2008 2009 --------------- ---- ---- ---- ---- Net sales $292 $106,464 $292 $203,958 Cost of goods sold 255 107,307 255 209,872 --- ------- --- ------- Gross income (loss) 37 (843) 37 (5,914) General and administrative... (PR Newswire)

    Coca-Cola Amatil predicts profit fizz  Aug 13, 2009
    2 per cent in CCA's reported beverage cost of goods sold was primarily due to higher sugar costs, the devaluation since the prior period of relevant currencies against the US dollar, and the mixed impact of higher cost, higher value products, partially offset by lower PET resin costs. egreenblat@theage. (Sydney Morning Herald -- Business)

    AmBev Reports 2009 Second Quarter Results Under IFRS  Aug 13, 2009
    Cost of Goods Sold (COGS) and Selling, General & Administrative (SG&A) expenses: COGS per hectoliter decreased by 4. 3% in the quarter as expected gains on our hedges, lower commodity prices for PET and corn and productivity initiatives more than offset inflation in the period. (PR Newswire)

    Enerflex Reports Second Quarter 2009 Financial Results and Announces Third Quarter 2009 Distributions  Aug 12, 2009
    Consolidated Balance Sheets June 30, December 31, (Unaudited) (Thousands) 2009 2008 ---------------------------------------------------------------------------- ASSETS Current assets Cash and cash equivalents $ 63,147 $ 50,517 Assets held for trading 3,566 1,671 Accounts receivable 238,096 241,174 Inventory 137,079 135,685 Income taxes receivable 6,971 4,435 Future income taxes 5,776 8,238 ---------------------------------------------------------------------------- Total current assets 454,635... (CCNMatthews Press Releases)

    Tongxin International, Ltd. Reports Second Quarter 2009 Financial Results  Aug 11, 2009
    Cost of goods sold were $27 ... 001 par value, authorized 39,000,000 shares; issued 12,889,758 shares and outstanding 11,300,336 shares 13 8,762 13 Reserve funds 13,059 Additional paid-in capital 77,081 77,081 Treasury Stock, 1,589,422 shares (7,682) (7,682) Accumulated other comprehensive income 426 2,373 426 Retained earnings 20,817 8,077 9,987 Total stockholders' equity 90,655 32,271 79,825 $137,346 $115,200 $158,176 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY CONSOLIDATED STATEMENTS OF... (PR Newswire)

    Sunrise Telecom(R) Reports $13.2 Million Sales for Second Quarter of 2009  Aug 11, 2009
    The operating loss in the second quarter of 2009 was primarily due to one time charges in cost of goods sold ... Announced consolidation of most manufacturing operations in Taiwan for a planned annual savings of $2 million in cost of goods sold plus an additional $3 million in cash savings generated from lower inventory levels by year end. (PR Newswire)

    Natco Records Higher 2Q Profit on Lower Costs  Aug 8, 2009
    The total cost of goods sold and services fell to $109. 6 million, down from $116. (ABC News -- Wire)

    Benvest New Look Income Fund Releases Its Results for the Second Quarter of 2009  Aug 8, 2009
    It excludes any gain or loss on foreign currency translation (except if related to cost of goods sold), expenses related to former portfolio investments, equity-based compensation, and non-controlling interest. EBITDA is not a recognized measure under Canadian generally accepted accounting principles (GAAP) and may not be comparable to similar measures used by other entities. (CCNMatthews Press Releases)

    NATCO Group Announces 2nd Quarter 2009 Results  Aug 8, 2009
    5 million, which was subsequently reclassified as a component of NATCO GROUP INC. AND SUBSIDIARIES UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except earnings per share data) Three Months Ended Six Months Ended June 30, June 30, ------------------ ------------------ 2009 2008 2009 2008 ------------------ ------------------ (See Note 1) (See Note 1) Revenue: Products $130,601 $134,356 $269,213 $256,783 Services 24,884 26,042 48,174 55,585 -------- -------- -------- --------... (PR Newswire)

    Brampton Brick Reports Results for the Second Quarter Ended June 30, 2009  Aug 7, 2009
    Lower cost of goods sold and a decrease in selling, general and administrative expenses were partially offset by an increase in amortization charges ... Waste processing and transportation costs related to Universal's operations were $1,054 in the second quarter of 2009 and were included in cost of goods sold ... Lower cost of goods sold and a substantial decrease in selling, general and administrative expenses were partially offset by higher amortization charges. (CCNMatthews Press Releases)

    Coleman Cable, Inc. Announces Second-Quarter 2009 Financial Results  Aug 7, 2009
    COLEMAN CABLE, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENT OF INCOME (Thousands, except per share date) (unaudited) Three months ended Six months ended ------------------ ---------------- June 30, June 30, -------- -------- 2009 2008 2009 2008 ---- ---- ---- ---- Net Sales $112,932 $267,578 $230,254 $520,062 Cost of Goods Sold 95,922 239,286 196,696 462,921 -------- -------- -------- -------- Gross Profit 17,010 28,292 33,558 57,141 Selling, Engineering, General and Administrative... (Primezone Releases)

    Parlux Announces Results for First Quarter Ended June 30, 2009  Aug 7, 2009
    PARLUX FRAGRANCES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) Three Months Ended June 30, ------------------------------ 2009 2008 -------------- -------------- (Unaudited) Net sales: Unrelated customers $ 18,643 $ 21,471 Related parties 5,001 1,833 -------------- -------------- 23,644 23,304 -------------- -------------- Cost of goods sold: Unrelated customers 8,254 11,157 Related parties 2,419 543 -------------- --------------... (Primezone Releases)

    Adams Golf Announces Results for Second Quarter 2009  Aug 6, 2009
    6 million, non-recurring, charge to cost of goods sold for the write-down of inventory to the lower of cost or market and the increase to the inventory obsolescence reserve ... ADAMS GOLF, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) (unaudited) Three Months Ended Six Months Ended June 30, June 30, --------------------------------------------- 2009 2008 2009 2008 -------- -------- -------- -------- Net sales $ 23,254 $ 33,260 $... (Primezone Releases)

    ShawCor Ltd. Announces Second Quarter 2009 Results  Aug 6, 2009
    Change in Consolidated Balance Sheets: As at As at Dec. 31, Dec. 31, (in thousands of Canadian dollars) 2008 2007 ------------------------------------------------------------------------- Increase in inventories $ 1,678 $ 2,501 Decrease in other assets (3,285) (5,067) Increase in future taxes 484 770 --------------------------- Decrease in total assets $ (1,123) $ (1,796) --------------------------- --------------------------- Future income taxes $ - $ - Decrease in retained earnings (1,123)... (PR Newswire)

    Olympus Raises First-Half Profit Forecast 9% to $378 Million on Cost Cuts  Aug 6, 2009
    First-half operating profit, or sales minus the cost of goods sold and administrative expenses, will probably be 19 billion yen, 27 percent higher than the 15 billion yen projected in May. Olympus rose 2. (Bloomberg -- Japan)

    Alliance Distributors Holding Inc. Reports 2009 Second Quarter Financial Results  Aug 5, 2009
    " Timing of Conference Call with Q&A Alliance Distributors will conduct an earnings conference call, including a question and answer period, at 3:00 PM ET on August 5, 2009. The call-in number for the conference call is: 1-888-578-6632 (confirmation code: 6436791) About Alliance Distributors Holding Inc. Alliance Distributors Holding Inc. (), which does business as Alliance Distributors, is a full-service wholesale videogame distributor, specializing in gaming products and accessories for all... (PR Newswire)

    NTT First-Quarter Profit Declines 20% on Lower Mobile-Phone Unit Earnings  Aug 5, 2009
    Operating profit, or sales minus the cost of goods sold and administrative expenses, dropped 12 percent to 325. 8 billion yen from a year earlier, the company said. (Bloomberg -- Japan)

    Toshiba Slashes its Mid-Term Earnings Targets, Citing Global Recession  Aug 5, 2009
    or sales minus the cost of goods sold and administrative expenses, will probably be 250 billion yen ($2. 6 billion) in the 12 months ending March 2011, half the amount targeted in May 2008, the Tokyo-based company said today. (Bloomberg -- Japan)

    Otter Tail Corporation Announces Second Quarter Earnings; Revises 2009 Earnings Guidance; Board of Directors Declares Dividend  Aug 4, 2009
    " Cash Flow from Operations The corporation's cash flow from operations increased to $90.3 million for the six months ended June 30, 2009 compared with $34.9 million for the six months ended June 30, 2008, primarily driven by a decrease in working capital of approximately $47.1 million. Otter Tail Corporation maintains a strong liquidity position, including amounts available under credit lines of $243.7 million on July 31, 2009: $170.0 million under the Otter Tail Power Company credit facility... (Primezone Releases)

    Vulcan Announces Second Quarter Results  Aug 4, 2009
    Table A Vulcan Materials Company and Subsidiary Companies (Amounts and shares in thousands, except per share data) Three Months Ended Six Months Ended Consolidated Statements June 30 June 30 of Earnings ------- ------- (Condensed and unaudited) 2009 2008 2009 2008 ------------------------- -------- -------- ---------- ---------- Net sales $681,380 $965,957 $1,249,275 $1,737,718 Delivery revenues 40,479 55,594 72,878 101,172 -------- -------- ---------- ---------- Total revenues 721,859 1,021,551... (PR Newswire)

    Takeda Leads Japan Drugmakers' Revenue Drop as Stronger Yen Hurts Earnings  Aug 1, 2009
    Takedas , or sales minus the cost of goods sold and administrative expenses, fell 9. 7 percent to 125. (Bloomberg -- Japan)

    Las Vegas Sands Corp. Reports Second Quarter 2009 Results  Jul 31, 2009
    0% Operating Supplies / Cost of Goods Sold 32 6. 4% Regional Transportation 24 4. (Yahoo! Wire -- Entertainment News)

    LG Telecom Posts Largest Profit Drop in Six Quarters on Higher Marketing  Jul 31, 2009
    Operating profit, or sales minus the cost of goods sold and administrative expenses, declined 39 percent to 58. 1 billion won, compared with the 56 billion won median estimate in the Bloomberg survey. (Bloomberg -- Asia)

    Chi Mei Optoelectronics Announces Unaudited Second Quarter 2009 -- TFT-LCD Net Sales of NT$ 70.3 Billion  Jul 30, 2009
    8% Cost of Goods Sold -72,847 -103. 7% -60,213 -136. (PR Newswire)

    Archives: Cost of Goods Sold

    Back to Taxes News

[ Terms Of Use | Privacy | About ]
©1998-2009 SurfWax, Inc.
All rights reserved. Patents pending.



Copyright SurfWax, Inc. 2009