| Nordstrom profit rises 38.6 percent Nordstrom Inc. reported a 38.6 percent increase in profit for the quarter ended July 31, 2010. (JWN) feeds.bizjournals.com |
Burger King facts and figures Headquarters: 5505 Blue Lagoon Drive, Miami 33126 Website: http://www.bk.com Number of company restaurants: 1,387 as of June 30, down 42 from June 2009. Franchised restaurants: 10,787, up 291 from June 2009. Revenue: $1.84 billion for the year ended in June, down 2 percent; $454.1 million for quarter ended in June, down 2 percent. Net income: $186.8 million for the year ended in June, down 7 percent from the previous yet; $49 million for the quarter ended in June, down 17 percent from the year-ago quarter. Earnings per share: $1.36 for the year ended in June, down 7 percent; 36 cents for the quarter ending in June, down 16 percent from the year-ago quarter. Stock market capitalization $3.18 billion Shares outstanding: 135.88 million Balance sheet: $187.6 million in cash and $852.4 million in debt. Top institutional holders (as of June 30): TPG [Texas Pacific Group] Capital, 15.13 million shares (11.15 percent of outstanding shares) worth $254.81 million; Goldman Sachs Group, 14.05 million shares (10.36 percent of shares) worth $236.65 million; Bain Capital Investors LLC, 13.58 million shares (10.01 percent of shares) worth $228.71 million. feeds.bizjournals.com |
Gov. Bob McDonnell details plan for private liquor stores in Va. Gov. Bob McDonnell on Sept. 8 unveiled the changes he is proposing to privatize ABC liquor stores in Virginia. feeds.bizjournals.com |
Thomas Road Walmart gets facelift The Phoenix Walmart at 37th Street and Thomas Road is scheduled to re-open Friday after a three-month remodeling. feeds.bizjournals.com |
Wal-Mart Plans Drive to Buy More Locally Grown Produce With the focus on sustainable agriculture, the retail giant is trying to improve efficiency among suppliers. nytimes.com |