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Business Analytics

  • Duckwall-ALCO sees slight sales boost in Q4

    ABILENE, Kan. — Duckwall-ALCO Stores fourth-quarter net sales increased1% to $137.5 million, compared with the fourth quarter of fiscal 2011. Same-store sales, excluding fuel center sales, for the fourth quarter of fiscal 2012 decreased 0.6% to $133.4 million, compared with the fourth quarter of fiscal 2011. Net sales from continuing operations for fiscal year 2012 increased 4.4% to $482.8 million, compared with fiscal year 2011. Same-store sales, excluding fuel center sales, for fiscal year 2012 increased 3.0% to $467.7 million.

  • Duckwall-ALCO sees slight sales boost in Q4

    ABILENE, Kan. — Duckwall-ALCO Stores fourth-quarter net sales increased 1% to $137.5 million, compared with the fourth quarter of fiscal 2011. Same-store sales, excluding fuel center sales, for the fourth quarter of fiscal 2012 decreased 0.6% to $133.4 million, compared with the fourth quarter of fiscal 2011. Net sales from continuing operations for fiscal year 2012 increased 4.4% to $482.8 million, compared with fiscal year 2011. Same-store sales, excluding fuel center sales, for fiscal year 2012 increased 3.0% to $467.7 million.

  • Tractor Supply passes billion-dollar barrier in first quarter

    Reacting quickly to an early spring, Brentwood, Tenn.-based Tractor Supply Co. said its first-quarter sales increased 22% to $1.02 billion.

    Same-store sales for the quarter increased 11.5%. The country’s largest farm-and-ranch retailer, which will release its full first-quarter earnings results April 25, said the same-store sales increase was driven, in part, by early spring weather in 2012.

  • IBM to acquire Varicent Software

    Armonk, N.Y. -- IBM announced a definitive agreement to acquire Varicent Software Inc., Toronto, a leading provider of analytics software for compensation and sales performance management. Financial terms were not disclosed.

  • Jobless claims up, but consumer confidence also increases

    Washington, D.C. -- Figures released Thursday by the Labor Department showed that more Americans than forecast filed applications for jobless benefits last week, reinforcing concern that the labor-market recovery will be slow to develop.

    Consumer confidence, however, has held up, as the Bloomberg Consumer Comfort Index was minus 32.8 in the period ended April 8, second only to the prior week’s minus 31.4 as the highest since March 2008.

  • Rite Aid narrows Q4 loss, to emphasize remodels in 2013

    Camp Hill, Pa. -- Rite Aid Corp. reported Thursday that it narrowed its loss in the fourth quarter to $163.8 million, from a loss of $205.7 million in the year-ago period.

    Revenue rose 10.7% to $7.15 billion from $6.46 billion, beating Wall Street’s expected $7.12 billion in revenue. Same-store sale increased 3%.

    For the full year, Rite Aid reported a loss of $368.6 million and revenues of $26.1 billion.

  • Fast Retailing profit surges, raises full-year guidance

    Tokyo -- Japan’s Fast Retailing Co., parent of Uniqlo, reported Thursday that its net profit for the Sept.-Feb. period surged 38.7% to $705 million as an usually cold weather bolstered sales at Japan stores. Same-store sales in the period rose 2.3%.

    The company lifted its full-year profit forecast to $1.7 billion from a previously announced $1.6 billion for the fiscal year ending in August, surpassing analysts’ projections.

  • Tuesday Morning expects 3Q loss after sales decline

    DALLAS — Tuesday Morning reported net sales for the third quarter ended March 31 were $172.7 million compared with $174.3 million for the quarter ended March 31, 2011, a decrease of 0.9%. Comparable-store sales for the quarter ended March 31 decreased by 3.2% comprised of a 1.8% decrease in traffic and a 1.4% decrease in ticket.

  • Ikea plugs in to solar in NJ

    PARAMUS, N.J. — Ikea has officially plugged in the solar energy system installed at its location in Paramus, N.J.

    Ikea contracted with REC Solar for the development, design and installation of the customized solar power system. The 132,000-sq.-ft. PV array consists of a 1,063-kW system, built with 4,620 panels. It will produce approximately 1,359,100 kWh of clean electricity annually, the equivalent of reducing 1,033 tons of carbon dioxide, eliminating the emissions of 184 cars or powering 117 homes yearly.

  • Staff reductions, poor food sales hurt Supervalu in Q4

    MINNEAPOLIS  — Costs related to workforce reduction contributed to $424 million, or $2 per diluted share loss, at Supervalu for its fourth quarter of fiscal 2012. For the quarter, net sales were $8.2 billion. For the fourth quarter of fiscal 2011, the company reported net sales of $8.7 billion and net earnings of $95 million or 44 cents per diluted share.

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