BJ’s January Comps Hurt by Fuel Sales
BJ’s Wholesale Club, Inc. reported net sales for fiscal January increased 0.9% to $656.7 million from $651.0 million last year. On a comparable club basis, January sales decreased by 0.7%, including a negative impact from sales of gasoline of approximatel
REI Boulder Awarded LEED Gold Rating
Recreational Equipment, Inc. (REI) announced that its prototype store in Boulder, Colo. has been awarded LEED (Leadership in Energy and Environmental Design) Gold certification from the U.S. Green Building Council (USGBC). REI Boulder is a remodeled and e
Dillard’s Reports Drop in January Comps and Q4
Dillard’s, Inc. saw merchandise sales for the four weeks ended Jan. 31, 2009 of $376.61 million, compared to sales for the four weeks ended Feb. 2, 2008 of $435.25 million. Total sales decreased 13% while comparable store sales decreased 12% for the four-
Skechers Warns of Fourth Quarter Loss as Margins Contract
Skechers USA, Inc. said its fourth quarter 2008 results are expected to be significantly below the range of its previous outlook. For the fourth quarter of 2008, the company now expects net sales to be in the range of $290 million to $300 million and a ne
Amer Sports Q4 Sales Slip on Weak Fitness Result
Amer Sports reported fourth quarter sales were down slightly $495.3 million ($653.2 mm) versus $497.1 million ($720.0 mm) a year ago. In local currencies, net sales decreased 3%. Earnings before interest and taxes (EBIT) before non-recurring charges were
Unifi Posts Q2 Loss
Unifi Inc. reported a net loss of $9.1 million or 15 cents per share, in the second quarter ended Dec. 28, versus a deficit of $7.7 million, or 13 cents, in the same quarter last year. Net sales tumbled to $125.7 million for the quarter, down from $183.4
Gottschalks Posts Strong January Comps Increase
Gottschalks Inc. reported same store sales for the month of January increased 13.3% over the same month last year. Total sales for the four-week period increased 10.6% to $33.3 million compared to $30.1 million in the same period of fiscal 2008…
Dick’s SG Comps Fall 8.6%; Will Take Impairment Charge
Dick's Sporting Goods, Inc. expects to record a pre-tax impairment charge in the range of approximately $165 million to $180 million that will decrease net income by $144 million to $153 million, or approximately $1.29 to $1.37 per diluted share in f
Wal-Mart Reports January Comps Up 2%
Wal-Mart Stores, Inc. reported net sales for the four- and 52-week periods ending Jan. 30, 2009, and Feb. 1, 2008, respectively, as follows…
Court Rules Phthalate Ban Is Retroactive
The United States District Court for the Southern District of New York has unequivocally reversed the Consumer Product Safety Commission's (CPSC) opinion regarding the non-retroactive application of the phthalate ban. According to the SGMA, the court
Macy’s, Inc. Same-Store Sales Down 4.5% in January
Macy’s, Inc. reported total sales of $1.213 billion for the four weeks ended Jan. 31, 2009, a decrease of 4.7% compared with total sales of $1.273 billion in the four weeks ended Feb. 2, 2008. On a same-store basis, Macy’s, Inc. sales were down 4.5% in Ja
January Comps Decrease Slightly for Target
Target Corporation reported that its net retail sales for the four weeks ended Jan. 31, 2009 increased 0.8% to $4,138 million from $4,106 million for the four weeks ended Feb. 2, 2008. On this same basis, January comparable-store sales declined 3.3%…
Kohl’s Posts 13.4% Drop in January Comps
Kohl’s Corporation saw a 9.0% decline in net sales for the month of January to $720.3 million from $791.4 million last year. On a comparable store basis, sales decreased 13.4%. Total sales for the year decreased 0.5% from the prior year. On a comparable s
TJX Co.’s Reports 4% Decline in January Comps
The TJX Companies, Inc. saw a 6% decline in net sales for fiscal January to $1.0 billion, down from the $1.1 billion achieved last year. For the 52 weeks ended January 31, 2009, sales reached $18.7 billion, up 2% from the $18.4 billion achieved during the
Costco Comps Slip 2% in January
Costco Wholesale Corporation reported net sales of $5.10 billion for the month of January, down 0.2% from $5.11 billion for the same period last year. Comparable store sales for the month declined 2.0% after an increase of 7.0% last year. For the first tw
