SGB Executive

Target Corp. May Comps Inch Up 0.7%

Target Corporation reported that its net retail sales for the four weeks ended May 31, 2003 increased 7.5% to $3.2 billion from $2.98 billion for the four-week period ended June 1, 2002. Comparable-store sales increased 0.7% from fiscal May 2002…

Payless May Comp Store Sales Decrease 10%

Payless ShoeSource, Inc. reported that same-store sales decreased 10.0% during the May reporting period, the four weeks ended May 31, 2003. Company sales totaled $236.5 million, a 9.2% decrease from $260.6 million during fiscal May of last year…

Federated Sees May Comp Store Sales Inch Lower

Federated Department Stores, Inc. reported total sales of $1.1 bn for the four weeks ended May 31, 2003. This represents a decrease of 1.2% from total sales of $1.2 bn for the same period last year. On a same-store basis, Federated's April sales we

Famous Footwear May Comps Slip 1.6%

Brown Shoe Company, Inc. announced May retail sales at Famous Footwear rose 1.2% to $84.9 million for the four-week period ended May 31, 2003, compared to $83.9 million for the same period last year. Same-store sales decreased 1.6%, as retail traffic rem

ShopKo May Comp Store Sales Down 3.1%

ShopKo Stores, Inc. reported consolidated sales for the four weeks ended May 31, 2003 decreased 3.2% to $244.2 million from $252.3 million during the same period last year. Consolidated comparable store sales decreased 3.1%.
The Company expects consolida

Value City May Same-Store Sales Increase 3.2%

Value City Department Stores, Inc. announced today total sales for the four weeks ended May 31, 2003, increased 8.7% to $202.9 million from $186.6 million for the four weeks ended June 1, 2002. The company's same store sales increased 3.2% for the fo

K2 Inc. Announces Placement of Convertible Senior Notes

K2 Inc. announced that the company has entered into an agreement, subject to customary conditions, to privately place $75 million principal amount of 5% convertible senior notes due June 2010. The senior, unsecured notes will be convertible into approxima

Pacific Sunwear May Comps Increase 13.2%

Pacific Sunwear of California Inc. reported that total sales for the four weeks of May of fiscal 2003 were $61.1 million, an increase of 22.2% over total sales of $50 million for the four weeks of May of fiscal 2002. Company same store sales increased 13

Stein Mart May Comp Store Sales Down 6.5%

Stein Mart, Inc. announced total sales for the four-week May period were $108.2 million, a 4.0% decrease from the $112.6 million in sales for the same period in 2002. Comparable store sales for May decreased 6.5% from 2002 to 2003…

Forzani Fiscal Q1 Earnings Fall 57% on Weaker Comps

The Forzani Group Ltd. announced retail system sales for the first quarter of fiscal 2004 grew by 18.2% to $237.2 million compared to $200.8 million for the same period of the previous year. Total comparable store sales were up 2.6%. Corporate store comp

Kohl’s May Same-Store Sales Eke Out a 0.1% Gain

Kohl's Corporation reported that sales for the four week period ended May 31, 2003 increased 13.9% over the four week period ended June 1, 2002. On a comparable store basis, sales increased 0.1%…

Goody’s May Comp Store Sales Increase 3.5%

Goody's Family Clothing, Inc. reported total sales for the fiscal month of May 2003 of $96.0 million, an increase of 5.1% over total sales for the fiscal month of May 2002 of $91.3 million. Comparable store sales for May 2003 increased 3.5% over May

May Company Reports 3.9% May Comp Sales Decline

The May Department Stores Company reported preliminary net sales of $1.01 billion for the four-week period ended May 31, 2003, a 2.0% decrease from $1.03 billion in the similar period last year. Store-for-store sales decreased 3.9%…

Gottschalks May Same-Store Sales Rise 3.4%

Gottschalks Inc. announced that May 2003 same store sales increased 3.4% from the prior year. Total sales increased 0.7% to $50.1 million from $49.7 million in May 2002…

Saks Inc. Reports May Comp Store Sales Decline

Retailer Saks Incorporated announced that comparable store sales for the four weeks ended May 31, 2003 compared to the four weeks ended June 1, 2002 decreased 1.6% on a total company basis. By segment, comparable store sales decreased 0.2% for SDSG and de