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. % Chg. Carolco Pictures Inc. (1.48) (41.018) -3.68 144.06 +.79 Dayton Hudson Corp. .47 40 -.33 3,562.0 +.09 Deere & Co. .41 31.300 -.73 1,790.0 -.13 LIVE Entertainment (.4.99) (61.073) -30.24 67.302 -.19 Long Drug Stores .60 14.210 -.10 576.861 +.03
Carolco Pictures Inc.: Earnings were affected by a 15% increase in film and television amortization, higher interest expense due to increased debt levels and lower pofits for the period at LIVE Entertainment, in which it holds a 54% interest.
Dayton Hudson Corp.: The 1990 period reflected a strong retail environment nationwide. The company has just started to see a modest improvement in sales in several difficult markets
Deere & Co. : perating results for the quarter continued to reflect the effects of producing at a significantly lower volume than last year in response to lower retail demand and to facilitate planned reduction of company and dealers’ inventories during the year.
LIVE Entertainment: Results for the second quarter were impacted by the higher-than expected returns of “sell through” products, particularly “Teenage Mutant Ninja Turtles--The Movie.” Home video sales and margins were also affected by returns from LIVE’s wholly owned subsidiary, Lieberman Enterprises, and its subsequent liquidation.
Long Drug Stores: Sales and income continue to be affected by the soft economy and difficult retail environment.