Tag Archives: Same-store sales

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 »

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 »

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 »

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 »

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 »

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 »

Weather Hurts Bed Bath’s Q4

Bed Bath & Beyond Net Edges Up 1.8 Percent in Sluggish Q3

UNION, N.J.-Bed Bath & Beyond joined the list of major retailers that have reported adverse impacts from the severe weather throughout the nation over the past few months. The specialty retailer said same-store sales for its fourth quarter, which ended on March 1, were up 1.7 percent—below the 2 to 4 percent gain it hadMore »

Macy’s Net Blooms for Q4, Fiscal Year

Macy’s Inc.

CINCINNATI-Macy’s posted increases of 11.1 percent and 11.3 percent in fourth-quarter and fiscal-year net income, respectively, resulting in its fifth straight year of double-digit growth in earnings per share. The bottom-line totals were $811 million for the quarter and $1.5 billion for the fiscal year, which ended on Feb. 1. Net sales in the quarterMore »