For quarter ended June 30, unless noted....
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For quarter ended June 30, unless noted. Amounts in parentheses are losses. Percentage changes apply to dollar amounts, not per share, and are comparisons to year-ago quarter. Net income figures include extraordinary items and discontinued operations if applicable.
Net Income Revenue Company Per share In mill. % Chg. In mill. Limited Inc. .22 79.2 none 1,375.2 +19.0 May Dept. Stores .62 82.0 +5.0 2,379.0 +0.7 J.C. Penney Co. .19 31.0 -62.6 3,727.0 -32.0 Resorts International (.44) (8.792) -0.03 106.4 -1.01 Southland Corp. .05 19.637 +2.97 106.43 -.02
Company % Chg. Limited Inc. May Dept. Stores J.C. Penney Co. Resorts International Southland Corp.
Limited Inc.
The apparel retailer said a cancellation of orders and an inventory shortfall in July led to a disappointing second quarter.
May Dept. Stores
The department store chain noted the opening of seven department stores and 52 new Payless ShoeSource stores.
J.C. Penney Co.
The company said that although home furnishing sales in stores and catalogues have been disappointing, it is encouraged by the strengthening in apparel sales.
Resorts International
The hotel-casino company headed by Merv Griffin said declining tourism in the Bahamas contributed to a loss in the second quarter.
Southland Corp.
The company said merchandise and gasoline gross profits remain under pressure from extremely strong competition and soft overall economic conditions.
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