NW CORPORATE RESULTS | Dollar figures in thousands, except per share; parentheses denote losses. Cell Therapeutics Biotechnology Dec. 31 % 4th QTR...

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Dollar figures in thousands, except per share; parentheses denote losses.

Cell Therapeutics
Biotechnology
Dec. 31 %
4th QTR 2007 2006 CHG
Profit ($39,062) ($35,599) -9.7
Per share (0.74) (1.00) +26.0
Revenue 67 20 +235
ANNUAL 2007 2006 CHG
Profit ($148,305) ($135,819) -9.2
Per share (3.27) (4.84) +32.4
Revenues 127 80 +58.8
COMMENT: The Seattle-based biotech’s losses grew on higher research and development expenses related to the acquisition of another biotech and a new commercial therapy. Per-share figures don’t track the direction of the company’s losses because more shares were outstanding in the latest period.
Dendreon
Biotechnology
Dec. 31 %
4th QTR 2007 2006 CHG
Profit ($26,951) ($21,486) -25.4
Per share (0.32) (0.28) -14.3
Revenue 28 86 -67.4
ANNUAL 2007 2006 CHG
Profit ($99,264) ($91,642) -8.3
Per share (1.20) (1.27) +5.5
Sales 743 273 172
COMMENT: The Seattle company’s loss widened as its research and development expenses grew in the fourth quarter of 2007.
Eddie Bauer
Specialty retailer
Dec. 29 Dec. 30 %
4th QTR 2007 2006 CHG
Profit ($18,249) $63,153
Per share (0.59) 2.11
Sales 392,430 381,919 +2.8
ANNUAL 2007 2006 CHG
Profit ($101,718) ($211,983) +52.0
Per share (3.33) (7.06) +52.8
Sales 1,044,353 1,013,447 +3.0
COMMENT: The Bellevue-based retailer of casual sportswear and accessories said its loss in the fourth quarter was driven by higher administrative costs and a decline in licensing revenue. Sales at retail stores open at least a year increased 8.6 percent during the quarter, while sales at outlet stores open at least a year declined 1.9 percent. Sales from its catalogs and Web sites rose 9.7 percent during the quarter. “From a sales perspective, this was a solid fourth quarter. I was pleased with our holiday campaign,” Chief Executive Neil Fiske said in a statement. “Still, we must do better on our costs and inventory management.” The retailer said it is abandoning a joint venture to promote the Eddie Bauer brand in Germany after it failed to make money. It plans to reduce its capital expenditures to $24 million in 2008, down from $37 million in 2007, when it moved its headquarters from Redmond to Bellevue. The company will open 13 new stores this year, compared with 29 stores last year, and spend less on new technology, Fiske said in an interview.
Zumiez
Specialty retailer
Feb. 2 Feb. 3 %
4th QTR 2008 2007 CHG
Profit $12,442 $11,278 +10.3
Per share 0.42 0.39 +7.7
Sales 126,606 112,378 +12.7
ANNUAL 2007 2006 CHG
Profit $25,326 $20,856 +21.4
Per share 0.86 0.73 +17.8
Sales 381,416 298,177 +27.9
COMMENT: The Everett-based company, which sells action-sports apparel, shoes and gear, opened 50 new stores during the year, bringing its total to 285. The mall-based retailer predicts a per-share profit of between 90 cents and 93 cents for fiscal 2008, based on the expected openings of 57 new stores and same-store sales growth that is flat or in the low single digits. Same-store sales in the fourth quarter rose 4 percent, down from the 12 percent increase recorded a year ago.