Tag Archives: Same-store sales

Container Store Goes from Loss to Profit in Q2, But Shares Fall

The Container Store

COPPELL, Texas-Even though the on-the-surface numbers looked positive, share prices for The Container Store Group fell by double digits in overnight trading as investors reacted to the company’s reduced expectations for the quarters ahead. The Container Store posted net income of $7 million in the quarter, which ended on Aug. 30, as opposed to aMore »

Last updated: October 7, 2014

Havertys Q3 Sales Rise 3 Percent

Havertys

ATLANTA-Havertys said its third-quarter sales rose 3 percent to $198.5 million in a preliminary report on the quarter. Same-store sales for the quarter, which ended on Sept. 30, were up 3.5 percent. Clarence Smith, Havertys’ chairman, president and CEO, said the retailer enjoyed a “record-setting” Labor Day period and improved growth versus September of lastMore »

Last updated: October 7, 2014

Bed Bath Stock Spikes

Bed Bath & Beyond

NEW YORK-Bed Bath & Beyond enjoyed a healthy gain in its stock price in yesterday’s trading on the NASDAQ market. The increase came on the heels of Bed Bath’s second quarter report, which revealed that its second-quarter net income fell by 10.2 percent. In overnight trading, the retailer’s stock price rose from its Sept. 23More »

Last updated: September 25, 2014

Stein Mart to Open Six Stores This Fall

Stein Mart

JACKSONVILLE, Fla.-Stein Mart will open six new locations this fall as part of its 2014 expansion plan, which calls for a total of nine new stores and seven relocations. The new stores are located in Albuquerque, N.M.; Carlsbad, Citrus Heights and Clovis, all in Calif.; Delray Beach, Fla.; and Gainesville, Va. In addition, Stein MartMore »

Last updated: September 10, 2014

Burlington Stores Slims Q2 Loss

Burlington Stores

BURLINGTON, N.J.-Sales gains on both a total and same-store basis helped narrow Burlington Stores’ second-quarter net loss from $25 million last year to $6.5 million this year. Net sales for the quarter, which ended on Aug. 2, rose 8.3 percent to $1 billion, while same-store sales gained 4.7 percent. The latter followed on a same-storeMore »

Last updated: September 9, 2014

Belk Q2 Net Up 0.3 Percent, to Invest in Strategic Initiatives

Belk

CHARLOTTE, N.C.-Belk’s second-quarter net income edged up 0.3 percent as sales for the southern department-store retailer gained marginally. Net sales in the quarter, which ended on Aug. 2, totaled $906.5 million, an increase of 0.8 percent and including a pickup of 0.6 percent in same-store sales. “While the beginning of the quarter was soft, salesMore »

Last updated: August 29, 2014

Tuesday Morning Cuts Losses for Q4, FY

TuesdayMorning_2014

DALLAS-Thanks to increased sales and margins, along with lower expenses, Tuesday Morning was able to drain some of the red ink from its bottom line for both the fourth quarter and the fiscal year ending on June 30. The fourth-quarter net loss totaled $7.4 million, compared to last year’s net loss of $15.6 million inMore »

Last updated: August 22, 2014

Mattress Firm Q2 Sales Climb 35.5 Percent

Mattress Firm

HOUSTON-Mattress Firm’s second-quarter net sales rose 35.5 percent to $410 million, according to a preliminary statement from the specialty retailer. The jump in the top line owed to a 9.7 percent gain in same-store sales along with the addition of new and acquired stores, the statement said. “Our sales performance has been consistently strong inMore »

Last updated: August 11, 2014