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Seasonal

  • Weather impacts Aaron’s earnings, revenues in Q1

    Atlanta – Severe weather had a negative impact on financial performance at Aaron’s Inc. during the first quarter of fiscal 2014. Compared to the same period a year earlier, Aaron’s net earnings declined 25% to $38.3 million from $51 million.

    Revenues dropped 1% to $585.4 million compared to $593.0 million for the first quarter in 2013. Same-store sales shrank 2.1%.

  • Weather Trends: May 2014

    WTI expects May 2014 to trend the coldest in three years and drier than last year. On the West Coast, it will be cooler than last year, but still above normal, while the South trends warmer than last year and normal. There is a good chance that a large portion of the North will trend cooler than last year and normal. There will be a band of severe weather potential extending from the lower Mississippi Valley northeast to eastern Ohio which will set the stage for increased demand for clean-up categories.

  • Destination Maternity net income drops in Q2 on adverse weather

    Philadelphia -- Destination Maternity Corp. reported that net income for the quarter ended March 31, 2014 dipped to $3.2 million, compared to $5.9 million in the same period last year.

    Revenue fell 6.5% to $126.1 million from $134.9 million, and same-store sales decreased 5.1%. CEO Ed Krell blamed the disappointing results on inclement weather.

  • Dunkin' Brands posts tough Q1; on track for 800 openings worldwide in 2014

    Canton, Mass. -- Dunkin’ Brands Group, parent to Dunkin' Donuts and Baskin-Robbins, said its banners were impacted by tough weather in the first quarter, with U.S. comparable store sales growth of just 1.2%. Net income for the quarter dipped 3.5% from $23.8 million to $23 million. Revenue rose 6.2%.

  • Extreme weather was no match for Tractor Supply

    Sales of animal- and pet-related merchandise and winter seasonal items helped push up sales at Tractor Supply Co. in the first quarter ended March 29.

    Net sales increased 9% in the quarter to $1.18 billion, up from $1.09 billion in the same quarter last year. Comparable-store sales increased 2.2%.

    Net income for the quarter increased 10.9% to $48.8 million, up from $44 million

    Greg Sandfort, president and CEO, said the first-quarter results demonstrated an ability to perform during tough weather conditions.

  • Jelly Belly goes All American

    Jelly Belly Candy Co. will celebrate its American heritage with the introduction of two new patriotic bags of Jelly Belly jelly beans.

    The All American mix, which consists of Very Cherry (red), Coconut (white) and Blueberry (blue), is now available in a 3.5-oz. bag that features Mr. Jelly Belly waving the American flag. The 3.5-oz bag of Very Cherry — the top-selling jelly bean flavor, according to the company — now features an updated design with a white gingham pattern and a graphic of ripe cherries that bring to mind summer picnics.

  • Report: Easter traffic, sales down in 2014

    New York - The eight-day run up to Easter 2014 fell shy of the previous year’s comparable period by 9.3% in traffic and 8.9% in sales. According to data from retail analytics provider RetailNext, there was a 1.2- percentage-point improvement in conversion, which helped generate a sales decline that was less than the traffic decline.

  • New stores and new products drive Skechers

    Even before Meb Keflezighi won the Boston Marathon wearing a pair of Skechers, a brand not normally associated with running, the footwear company was winning big in the marketplace.

  • Winter weather takes bite out of Bebe’s third-quarter sales

    Bebe Stores is updating its net loss per share guidance for the third quarter ended April 5 based on its preliminary financial results.

    Comparable store sales for the quarter decreased approximately 5.7%. Net sales were approximately $93 million, a decrease of 17.2% from $113 million reported for the third quarter a year ago. The company said the sales decrease was due partially to one fewer retail week in January in the current fiscal year coupled with the closure of 19 unproductive stores since the prior year third fiscal quarter.

  • Mars Chocolate rolls out M-Ball

    Mars Chocolate has rolled out the M-Ball, a peanut M&M's-shaped twist on the traditional soccer ball. The vibrant ball started making the rounds in the United States on April 15, and it comes at a time when soccer fandom is reaching an all-time high, the company said.

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