EdgeWater 2/8/2011 12:55:17 PM
News / Business

News Update (ANF, TTEK, GMCR, AVNR)

News Update

Abercrombie & Fitch Co (NYSE:ANF) is up 1.10% to $49.67. The Company said that January revenue at its stores open at least a year fell 4%. Total sales increased 6% to $234.1 million for the four weeks that ended January 29,2011.

Tetra Tech Inc (NASDAQ:TTEK) decreased 2.63% to $23.58 after the Company posted first quarter results. Revenue rose 12.8% to $611.1 million. Net income was $22.3 million compared to $18.7 million in the prior year period. Diluted earnings per share were $0.36 compared to $0.30 in the first quarter last year.

Green Mountain Coffee Roasters Inc (NASDAQ:GMCR) increased 16.32% to $38.34 after the Company announced 2011 first quarter results. Net sales increased 67% to $575.0 million. Net income was $2.2 million or $0.02 per diluted share compared to net income of $10.1 million or $0.07 per diluted share in the first quarter of fiscal 2010.

AVANIR Pharmaceuticals (NASDAQ:AVNR) declined 0.61% to $4.09 after the Company released 2011 first quarter results. Net loss was $12.1 million or $0.11 loss per share compared to a net loss of $4.8 million or $0.06 loss per share in the prior year quarter. Royalty revenue was $1.8 million versus $1.5 million in the first quarter of fiscal 2010.

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