Content about Same store

May 16, 2013
Tardy tax refunds, cool weather affect Walmart’s Q1

Same store sales at Walmart's U.S. stores declined 1.4% in the first quarter, but the retailer forecasts comps should rebound during the second quarter.

BENTONVILLE, Ark. — Same store sales at Walmart's U.S. stores declined 1.4% in the first quarter, but the retailer forecasts comps should rebound during the second quarter. 

Sales were just below Wall Street expectations as the giant retailer struggled with a number of issues that impacted its U.S. sales, from the payroll tax increase to an unseasonably cold spring to delayed tax returns. The discounter also scaled back its earnings expectations for the current three-month period.

May 9, 2013
Apparel discounters maintain momentum

TJX and Ross both reported April sales results that exceeded expectations. Same store sales for the four-week period ended May 4, increased 8% for TJX, while Ross saw a same-store sales increase of 7% for the same period.

TJX and Ross both reported April sales results that exceeded expectations. Same store sales for the four-week period ended May 4, increased 8% for TJX, while Ross saw a same-store sales increase of 7% for the same period.

March 21, 2013
Ross keeps rolling with discount philosophy

Off price retailer Ross Stores achieved record fourth quarter sales and earnings and expects to deliver more of the same in 2013 thanks to an unwavering commitment to offering great bargains.

Off price retailer Ross Stores achieved record fourth quarter sales and earnings and expects to deliver more of the same in 2013 thanks to an unwavering commitment to offering great bargains.

Sales for the 14 week fourth quarter ended February 2, increased 15% to $2.76 billion when compared to the prior year’s 13 week fourth quarter. Same store sales advanced 5% on top of a prior year gain of 7%. Earnings per share for the period increased to $1.07 from 85 cents last year and net income grew to $236.6 million from $192 million.

February 7, 2013
Comps moderate at TJX and Ross

Same store sale decelerated for The TJX Companies and Ross Stores during January even though both companies increased their full year profits forecasts.

Same store sale decelerated for The TJX Companies and Ross Stores during January even though both companies increased their full year profits forecasts.

TJX, operator of Marshalls and T.J. Maxx stores, said comps increased 3% during the period ended January 28. That figure was better than expected, but less than half the prior year gain of 7%. Sales for the five week period ended February 2 increased nearly 36% to $1.9 billion due to the inclusion of an additional week.

January 11, 2013
The sky didn’t fall at Best Buy

Strength in the computing, mobile phone and appliance categories enabled Best Buy to report flat same store sales during the holidays and temporarily silence the voice of those who had prematurely written the company’s obituary.

Strength in the computing, mobile phone and appliance categories enabled Best Buy to report flat same store sales during the holidays and temporarily silence the voice of those who had prematurely written the company’s obituary.

January 7, 2013
Here’s to a hair free New Year

Same store sales at Bed Bath & Beyond could be in for a nice bump if a pricy new hair removal product becomes popular with shoppers.

NEW YORK — Same store sales at Bed Bath & Beyond could be in for a nice bump if a pricy new hair removal product becomes popular with shoppers.

November 30, 2012
Competitor performance offers mixed bag in November

Same store sales in November at Target plunged unexpectedly while apparel discounters and Costco kept humming and Kroger extended its string of consecutive comp increases to nine years.

Same store sales in November at Target plunged unexpectedly while apparel discounters and Costco kept humming and Kroger extended its string of consecutive comp increases to nine years.

The nations second largest grocer this week reported a third quarter profit, excluding some non-recurring items, of 46 cents that was three cents better than analysts forecast and its identical store sales increased by 3.2%. Total sales including fuel for the period increased 5.9% to $21.8 billion.

November 20, 2012
Fashion and marketing success formula at Chicos

Surprisingly strong third quarter same store sales growth at Chico’s was attributed to a blend of compelling fall fashion assortments and effective marketing.

Surprisingly strong third quarter same store sales growth at Chico’s was attributed to a blend of compelling fall fashion assortments and effective marketing.

October 4, 2012
Target to stop reporting monthly sales

Same-store sales at Target increased 2.1% during September, in line with expectations for a low single-digit increase, and the company said it would discontinue reporting monthly results in 2013.

Same-store sales at Target increased 2.1% during September, in line with expectations for a low single-digit increase, and the company said it would discontinue reporting monthly results in 2013.

September 5, 2012
The comps keep coming for Dollar General

Same store sales increased 5.1% at Dollar General during the second quarter and the company remains on track to open more than 600 new stores this year.

Same store sales increased 5.1% at Dollar General during the second quarter and the company remains on track to open more than 600 new stores this year.

Sales increased 10.4% to $3.95 billion during the second quarter ended August 3, thanks to the combination of same store sales growth and the addition of new stores. Net income increased 47% to $214 million in the second quarter compared to $146 million the prior year and earnings per share increased 52% 64 cents, inline with analysts’ consensus estimated, compared to 42 cents the prior year.