Fortis (T.FTS, StockForum) opens books on third quarter with $48 million in net earnings or $0.23 per common share versus $45 million or $0.24 per common share in Q3 2012. Year-to-date earnings were up to $253 million or $1.27 per common share compared to $228 million or $1.20 per common share during the same period in 2012. Results were affected by the US$1.5 billion purchase of CH Energy Group.
RESPECT YOUR UNIVERSE (OTCQB:RYUN, StockForum) reports third quarter results with a 40% increase in sales from RYU.com operations. RYU's men's apparel sales jumped 140% to $17,000. The company is currently been requested to partner with two major European department stores to develop store-within-a-store concepts.
DREAM Unlimited (T.DRM, StockForum) reveals third quarter numbers with revenue slipping somewhat to $124,357 from $124,571 from Q3 2012 while nine month performance was up to $359,577 from $314,242 in the matching 2012 period. Gross margins dropped to 22% or $27,376 from 27.4% or $34,076 in the same 2012 quarter. Earnings for the period were also down to $20,167 from $23,142 in Q3 2012, but nine month performance was up to $87,114 from $64,822 in the same 2012 period.