Capmark Financial Group Inc. Reports Earnings Results for the Second Quarter Ended August 2, 2019
September 16, 2019 at 04:58 pm EDT
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Capmark Financial Group Inc. announced earnings results for the second quarter ended August 2, 2019. For the second quarter, the company announced sales was USD 365.882 million compared to USD 422.557 million a year ago. Operating income was USD 13.910 million compared to USD 17.040 million a year ago. Net income was USD 2.378 million compared to USD 6.111 million a year ago. Basic earnings per share was USD 0.02 compared to USD 0.05 a year ago. For the half year, sales was USD 715.815 million compared to USD 804.012 million a year ago. Operating income was USD 3.484 million compared to operating loss of USD 10.159 million a year ago. Net loss was USD 21.453 million compared to USD 34.001 million a year ago. Basic loss per share was USD 0.16 compared to USD 0.26 a year ago.
Bluestem Group Inc. is a holding company. The Company's businesses include Bluestem Brands, Inc. (Bluestem Brands), a multi-brand, online retailer of a selection of name-brand and private-label general merchandise serving low- to middle-income consumers through retail brands. Bluestem Brands' retail brands include Appleseed's, Bedford Fair, Blair, Draper's & Damon's, Gettington, Gold Violin, Fingerhut, Haband, LinenSource, Norm Thompson, Old Pueblo Traders, PayCheck Direct, Sahalie, Solutions, Tog Shop and WinterSilks. Appleseed's offers apparel and updates to classic styles for women. Appleseed's assortment includes misses, petites and women's sizes in tops and blouses, sweaters, pants, outerwear, sleepwear and accessories, among others. Bedford Fair offers versatile separates, coordinated outfits, casual styles and dressier options, among others. Blair offers women's and men's apparel and accessories, as well as decor and furnishings for every room in the home.