Tag Archives: Same-store sales

Saks Purchase Boosts Hudson’s Bay Q1

Hudson’s Bay

TORONTO-Fueled by its acquisition of Saks, Hudson’s Bay Co. posted net income of C$176 million (about $160.2 million) in its fiscal first quarter, compared to a net loss of C$82 million (about $80.4 million) in last year’s first quarter. The Saks acquisition, which closed last November, also drove Hudson’s Bay’s top line in the quarter,More »

Last updated: June 3, 2014

Dollar General Q1 Net Up Slightly

Dollar General

GOODLETTSVILLE, Tenn.-While sales made a healthy gain in the quarter, rising expenses dampened the bottom line for Dollar General, whose net income edged up 1.1 percent to $222.4 million. Net sales totaled $4.5 billion, up 6.8 percent and including a same-store sales increase of 1.5 percent. Rick Dreiling, Dollar General’s chairman and CEO, noted thatMore »

Last updated: June 3, 2014

Conn’s Q1 Net Sets Record

Conn's

THE WOODLANDS, Texas-A huge gain in sales, both total and same-store, took specialty retailer Conn’s to record first-quarter net income of $28.5 million, up 28.4 percent from the first quarter of last year. Net sales in the quarter, which ended on April 30, reached $277.6 million, an increase of 32.6 percent from last year andMore »

Last updated: June 2, 2014

Q1 Sales Up for J.C. Penney

J.C. Penney

PLANO, Texas–J.C. Penney posted a loss of net income of $352 million in the first quarter ended May 3, compared to a $348 million loss in the year-ago period, but reported a 6.3 percent net sales increase, to $2.80 billion. Same-store sales increased 6.2 percent and improved sequentially each month within the quarter, the retailerMore »

Last updated: May 16, 2014

Tuesday Morning CEO Ramps Up Turnaround Efforts

Michael Rouleau

DALLAS-Tuesday Morning narrowed its third-quarter net loss from $12.4 million to $8.4 million, and is set to begin what its CEO, Michael Rouleau, termed the final phase of its turnaround. The retailer’s numbers for the quarter, which ended on March 31, improved thanks to increased sales and more effective cost controls. Net sales rose 2.6More »

Last updated: May 12, 2014

Stein Mart Posts Q1 Sales Gain of 2.1 Percent

Stein Mart

JACKSONVILLE, Fla.-Stein Mart reported first-quarter sales of $328.9 million, up 2.1 percent over the first quarter of last year. The gain included a 2.6 percent increase in same-store sales. A company statement said this included a jump of 8.9 percent in same-store sales in April. The statement credited home and ladies’ apparel with strong performancesMore »

Last updated: May 8, 2014

hhgregg Q4, FY Sales Fall

hhgregg

INDIANAPOLIS-hhgregg said it is estimating its fourth-quarter sales to total $538.3 million, 9.9 percent down from the fourth quarter of last year. This would bring its net sales for the fiscal year ending on March 31 to about $2.3 billion, a decrease of about 8 percent from the prior fiscal year. Same-store sales in theMore »

Last updated: April 15, 2014

Havertys Q1 Sales Fall

Havertys

ATLANTA-Havertys’ first-quarter sales fell 2.5 percent to $181.4 million, according to a preliminary report from the home furnishings retailer. Same-store sales in the quarter, which ended on March 31, were down 0.9 percent. Clarence Smith, Havertys’ chairman, president and CEO, said the results came off last year’s first quarter, in which same-store sales rose 11.5More »

Last updated: April 9, 2014