SGB Update

Urban Outfitters’ Q4 Earnings Jump 92%

Urban Outfitters, Inc. reported earnings rose 92% in the fourth quarter to $78 million, or 45 cents a share. Fourth-quarter comparable retail segment sales rose 9%, with total sales up 16% to $589 million…

Genesco Sees 6% Q4 Profit Gain on Flat Comps

Genesco Inc. reported fourth-quarter sales increased 6% to $479 million from $452 million a year ago. Comparable store sales were flat. Comp's at Hat World Group increased by 6%, the Journeys Group decreased by 3%, Underground Station decreased by 2%

February Comps Inch Up 0.5% at Bon-Ton

The Bon-Ton Stores, Inc. said comparable store sales for the four weeks ended Feb. 27, 2010 increased 0.5%. Total sales for the four weeks decreased 0.1% to $199.9 million compared with $200.2 million for the prior year period…

Winter Weather Cut into February Apparel Sales

After January's increase of 0.6%, U.S. apparel sales fell 1.8% in February 2010 on a year-over-year basis as severe winter weather depressed sales in many areas of the country, according to MasterCard Advisors' SpendingPulse. Overall online sale

TJX Reports February Comps Up 10% on 16% Sales Growth

The TJX Companies, Inc. February 2010 sales results. Sales for the four-week period ended Feb. 27, 2010, were $1.4 billion, up 16% over the $1.2 billion achieved during the four-week period ended February 28, 2009…

Dillard’s Posts Strong February; Comps Up 2%

Dillard’s, Inc. announced the company's merchandise sales for the four weeks ended Feb. 27, 2010 were $499,191,000 compared to sales for the four weeks ended Feb. 28, 2009 of $497,680,000. On a percentage basis, total sales remained unchanged w

Target Reports February Comps Up 2.4%

Target Corporation reported that its net retail sales for the four weeks ended Feb. 27, 2010 were $4.64 billion, an increase of 6.0% from $4.37 billion for the four weeks ended Feb. 28, 2009. On this same basis, February comparable-store sales increased 2

February Comps Up 1.2% at J.C. Penney; Total Sales Up 1.5%

J. C. Penney Company, Inc.said comparable store sales increased 1.2% for the four-week period ended Feb. 27, 2010. In last year’s February period, comparable store sales decreased 8.8%. Total Company sales in February increased 1.5%…

February Comps Up 3.7% at Kohl’s

Kohl’s Corporation said total sales for the four-week month ended Feb. 27, 2010 increased 7.8% over the four-week month ended February 28, 2009. On a comparable store basis, sales increased 3.7%…

Nordstrom’s February Comps Up 10.3%

Nordstrom, Inc. reported a 10.3% increase in same-store sales for the four-week period ended Feb. 27, 2010 compared with the four-week period ended Feb. 28, 2009. Preliminary total retail sales of $539 million for February 2010 increased 14.5% compared wi

Macy’s Same Store Sales Jump 3.7%

Macy's reported a better-than-expected rise in February same-store sales Thursday, and the department-store operator said sales would have been even stronger if it weren't for the winter storms that rocked the East Coast…

Saks’ February Comps Rise 2%

Saks Inc. announced that owned sales totaled $171.8 million for the four weeks ended Feb. 27, 2010 compared to $166.6 million a year ago, a 3.1% increase. Comparable store sales increased 2.0% for the month…