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Earnings roundup: Persimmon, Buckle



By AP
21 August 2008 @ 11:06 am EST

Among the earnings stories for Thursday, Aug. 21, from AP Financial News:

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LONDON (AP)--Persimmon PLC, Britain's biggest homebuilder, said Thursday its first-half profit plunged 87 percent after banks approved fewer mortgages and Britain suffered a housing crash.

NEW YORK (AP)--Denim company Buckle Inc. said Thursday its second-quarter profit rose 89 percent, as it reported sales gains of nearly 30 percent at stores open at least a year.

SECAUCUS, N.J. (AP)--Children's Place Retail Stores Inc. said Thursday cost cuts and stronger Internet sales helped it swing to a profit in the fiscal second quarter and easily beat analyst estimates.

CANTON, Mass. (AP)--Casual Male Retail Group Inc. said Thursday its second-quarter profit fell as overall store traffic remained weak.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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