Earnings Roundup For May 19

Williams-Sonoma Inc WSM reported a 62% rise in its fiscal first-quarter net income. Williams-Sonoma reported a quarterly profit at $31.6 million, or $0.29 per share, versus $19.5 million, or $0.18 per share, in the year-ago period. Its adjusted earnings came in at $0.30 per share. The company's shares outstanding dropped 2.2% to 107.2 million. Williams-Sonoma's revenue surged to $770.8 million from $717.6 million. However, analysts were expecting earnings of $0.28 per share on revenue of $765.8 million. Ross Stores Inc ROST reported its Q1 profit at $173 million, or $1.48 per share, versus $142.3 million, or $1.16 per share, in the year-earlier period. Its sales surged to $2.07 billion from $1.93 billion. Its comparable sales rose 3%. However, analysts were expecting earnings of $1.46 per share. Ross Stores projects its Q2 profit of $1.15 to $1.20 per share, with same-store sales likely to rise 2% to 3%. It also lifted its projections for the year to $5.16 to $5.31 per share, from its earlier outlook of $5.10 per share. However, analysts expected a profit of $1.26 per share for the second quarter and $5.32 per share for the year. Sears Holdings Corp SHLD swung to a FQ1 loss from a year-ago profit. Sears Holdings posted a 3.6% drop in its domestic same-store sales. The company posted a quarterly loss at $170 million, or $1.58 per share, versus a net income of $16 million, or $0.14 per share, in the year-ago period. On an adjusted basis, Sears' loss came in at $1.39 per share. Its shares outstanding dropped 6% to 107.8 million. The company's revenue dropped to $9.71 billion from $10.05 billion. However, analysts were expecting a loss of $1.22 per share on revenue of $9.73 billion. Flowers Foods Inc FLO reported its Q1 EPS of $0.5, versus the estimates of $0.46. FLO reported its revenue of $801.8 million, versus the estimates of $820.19 million. GameStop Corp GME reported its Q1 profit at $80.4 million, or $0.56 per share, versus $75.2 million, or $0.48 per share, in the year-earlier period. Its revenue surged to $2.28 billion, from $2.1 billion. However, analysts were expecting earnings of $0.54 per share on revenue of $2.2 billion. GameStop projects its Q2 earnings of $0.20 to $0.23 per share, including $0.04 per share for strategic initiatives. The company continues to project 2011 earnings of $2.82 per share to $2.92 per share. However, analysts expected earnings of $0.28 per share for the second quarter and $2.92 per share for the year. Dollar Tree Inc DLTR reported upbeat results for the first quarter. Dollar Tree reported its quarterly profit at $101 million, or $0.82 per share, versus $63.6 million, or $0.49 per share, in the year-earlier period. The company's sales surged to $1.55 billion from $1.35 billion. Its comparable store sales jumped 7.1%. However, analysts were expecting a profit of $0.75 per share. Dollar Tree projects its Q2 profit of $0.68 to $0.75 per share. For the year, the company lifted its earnings guidance to $3.69 to $3.85 per share, from its earlier guidance of $3.55 to $3.76 per share. However, analysts expected earnings of $0.73 per share for the second quarter and $3.74 per share for the year. SABMiller PLC SBMRY reported a 26% rise in its fiscal 2011 net profit on Thursday. The group's profit rose to $2.41 billion, from $1.91 billion, in the year-earlier period. Its revenue climbed 7.7% to $19.41 billion. CDC Software Corp CDCS reported its Q1 EPS of $0.11, versus the estimates of $0.17. CDCS reported its revenue of $52.6 million, versus the estimates of $52.13 million. Cato Corp CATO reported its Q1 EPS of $1.04, versus the estimates of $1.01. CATO reported its revenue of $270.9 million, versus the estimates of $263.6 million. Stage Stores Inc SSI swung to a first-quarter loss from a year-earlier profit. Stage Stores posted a quarterly loss of $461,000, or $0.01 per share, versus a profit of $2.2 million, or $0.06 per share, in the year-earlier period. Its net sales increased 1.9% to $346,483 from $340,042. However, analysts were expecting a loss of $0.01 per share on sales of $348.14 million. Stage Stores expects an increase of between 1% and 3% in comparable store sales for the second quarter, and a rise of between 0.8% and 2.4% for 2011. It now projects earnings of $1.04 to $1.13 per share, versus its earlier guidance of $1.07 to $1.17. Buckle Inc BKE reported its Q1 EPS of $0.71, versus the estimates of $0.73. BKE reported its revenue of $240.1 million, versus the estimates of $238.23 million. Bon-Ton Stores Inc BONT reported a Q1 loss of $2.01 per share, versus the expected loss of $1.42 per share. BONT reported its revenue of $649.9 million, versus the estimates of $670.13 million. Melco Crown Entertainment Ltd MPEL reported its Q1 EPS of $0.02, versus the estimates of $0.06. MPEL reported its revenue of $806.6 million, versus the estimates of $801.55 million. Stein Mart Inc SMRT reported its Q1 EPS of $0.32, versus the estimates of $0.31. SMRT reported its revenue of $303.5 million, versus the estimates of $303.27 million. Air France-KLM AFLYY swung to profit in the financial year ended March 31. The group reported a profit at EUR613 million for the 2010-11 financial year, versus a loss of EUR1.56 billion, in the earlier 12 months. However, analysts were expecting a profit of EUR466 million. The group's revenue for the year rose 13% to EUR23.62 billion, from EUR21 billion in the 2009-2010 period. For the three months through March 31, the group posted an operating loss of EUR403 million. MF Global Holdings Ltd MF reported its Q4 EPS of $0.05, versus the estimates of $0.05. MF reported its revenue of $292.5 million, versus the estimates of $267.79 million. Toro Company TTC reported its Q2 EPS of $1.88, versus the estimates of $1.61. TTC reported its revenue of $631.6 million, versus the estimates of $609.23 million. Read more from Benzinga's Markets.