GameStop Corporation (GME) the biggest video game retailer, reported third quarter earnings of 32 cents per share, slightly above the Zacks Consensus Estimate of 31 cents. The reported earnings were 6% lower than prior-year quarter. Revenue for the quarter increased 8.2% to $1,834.7 million compared to $1,695.7 million reported in the year-ago quarter. The company’s top-line benefited from strong new title releases and price cuts on all current generation platforms. While new software sales grew 9.4%, used product sales increased 19.4% during the quarter. However, comparable store sales dropped 7.8% due to a decline in new video game hardware sales. New video game hardware sales fell 2%. The company opened 86 stores during the quarter, including 48 in the U.S. Gross margin increased 60 basis points year-over-year to 28.5% in the reported quarter. The margin improvement was a result of product mix shift from low-margin ...

TreeHouse Foods Inc.’s (THS) share price has entered into oversold territory with a stochastic value of 11.30. Analysts have been increasing their estimates on the company’s full-year earnings, sending the Zacks Consensus Estimate up by 4 cents over the past month to $2.10 per share. TreeHouse Foods is a Zacks #2 Rank (“Buy") company."THS" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

Entertainment Properties Trust’s (EPR) MACD indicator has moved into bearish territory with a reading of -0.6341. The Zacks #4 Rank (“Sell") stock fell slightly to $30.83 in afternoon trade. The Zacks Consensus Estimate on the company’s full-year earnings has decreased by 7 cents over the past month to $3.38 cents per share."EPR" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

Yesterday, after market close, ADC Telecommunications Inc. (ADCT) declared financial results for the fourth quarter of fiscal 2009. Earlier, the Board of Directors of ADC had taken a decision to change its fiscal year from Oct 31 to Sep 30. As a result, fiscal year 2009 ended on Sep 30, 2009, which means the company got only two months as its fourth quarter. The fourth quarter of fiscal 2009 would, therefore, not be comparable to either the prior-year quarter or the previous quarter. For this reason, management has presented pro forma results for the three month period ending Sep 30 and its comparable quarter.   Actual revenue of fourth quarter 2009 was $183.9 million, below the Zacks Consensus Estimate of $189 million. Quarterly pro forma revenue was $293.6 million, down 17.5% year-over-year. This significant decline in revenue is the result of the global economic recession across all the ...

Jones Apparel Group Inc.’s (JNY) share price has entered into oversold territory with a stochastic value of 15.69. The Zacks Consensus Estimate on the Zacks #1 Rank (“Strong Buy") company’s full-year earnings has increased by 3 cents over the past week to $1.11 per share. The most accurate estimate is even bullish at $1.16 per share."JNY" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

Inland Real Estate Corp.’s (IRC) MACD indicator has moved into bearish territory with a reading of -0.0285. The Zacks #5 Rank (“Strong Sell") stock declined nearly 1% to $8.05 in morning trade. The Zacks Consensus Estimate on the company’s full-year earnings has reduced by 17 cents over the past month to 88 cents per share."IRC" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

Limited Brands Inc. (LTD) reported results for the third quarter of fiscal 2009 with earnings of 2 cents per share. Earnings were below the Zacks Consensus Estimate of 6 cents but were up 50% compared to the prior-year quarter.   Net sales for the quarter declined 3.5% year-over-year to $1.7 billion due to a 2% decline in comparable same store sales (comps).   According to channels, comparable same store sales of Victoria’s Secret channel contracted 4% as bra sales rose only modestly by low single-digits, while panties sales were down low single-digits. However, beauty sales were flat year-over-year as declines were fully offset by new launches and the strong performance of core products.   Bath & Body Works channel’s comparable store sales increased 2% during the quarter. The channel benefited from the improvement in the merchandise margin rate.   Gross margin for the quarter expanded 16 basis points

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Cyberonics, Inc. (CYBX) reported second quarter fiscal 2010 earnings per share of 32 cents, beating the Zacks Consensus Estimate of 20 cents and the year-ago earnings of 14 cents.   Sales Net sales in the reported quarter increased 13.0% year over year to $40.7 million. Of this, net product sales in the domestic market increased 15.1% year over year to $33.5 million. Growth was due to higher average selling prices (ASPs) and sales volume. ASPs and sales volume increased 10.0% and 5.1% year over year, respectively.   International sales increased 4.3% year over year to $6.8 million. Growth can be attributed to higher sales volume made through distributors, which was partly offset by lower ASPs. Licensing revenues constituted the remaining $0.4 million. Margins Gross margin increased 180 basis points (bps) year over year to 87.4%. Growth can be primarily attributed to higher sales volume, greater manufacturing efficiencies ...

TransDigm Group Incorporated (TDG) reported fourth quarter 2009 earnings per share of 82 cents, beating the Zacks Consensus Estimate of 80 cents. Net sales for the quarter rose 4.3% to $197.4 million from $189.2 million in the comparable year-ago quarter. The favorable contribution from acquisitions was partially offset by a 4.6% decline in organic net sales.  The decrease in organic sales was primarily due to lower commercial OEM and aftermarket demand partially offset by strong defense sales. The company completed the acquisition of three proprietary aerospace component businesses and ended the fiscal year in sound financial condition with nearly $190 million in cash and almost $200 million of unutilized capacity under its revolving credit facility.  For 2010, in the Commercial OEM segment, the company is assuming a revenue decline in the mid-single digit percent range. This is based on a reduction in commercial transport rates in ...