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Books-A-Million sales slip in Q4
Birmingham, Ala. -- Books-A-Million reported Wednesday a profit of $8.1 million for the fourth quarter, up slightly from $7.6 million a year earlier.
Sales dipped 0.8% to $165.6 million, and same-store sales dropped 6.1%.
For the full year, the retailer swung from a loss of $4 million to a profit of $2.5 million. Revenue rose 7.5% to $503.8 million. -
Five Below sales and profits rise in Q4
New York -- Five Below reported Wednesday that net income for the quarter ended Feb. 2 rose to $19.2 million, compared with $12.4 million in the year-ago period.
Revenue surged 38% to $173.6 million from $125.8 million in the fourth quarter of fiscal 2011. Same-store sales rose 4.4%.
For the full year, profit rose to $20 million from $16.1 million and revenue increased 41% to $418.8 million. The company said it expects to open 60 stores this year, including new markets in Texas, as well as adding units in existing markets.