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Business Analytics

  • Newell Rubbermaid reaffirms outlook

    ATLANTA -- Newell Rubbermaid announced it will reaffirm its fiscal year 2013 outlook, as provided in its fourth quarter 2012 earnings press release dated Feb.1, 2013, during its presentation Thursday at the Consumer Analyst Group of New York (CAGNY) conference.

    The company’s guidance and key assumptions for the full year 2013 are as follows:

    • Core sales increase of 2% to 4%.

    • Net sales are expected to grow 1% to 3%

  • Wal-Mart tops Q4 profit estimate despite lackluster sales

    New York -- Walmart overcame a meager 1% same stores sales increase at U.S. stores to deliver better than expected fourth quarter profits on Thursday.

    The company said total sales increased 3.9% to $127.1 billion compared to $122.3 billion last year. Without the benefit of a favorable currency exchange situation, sales would have increased a lesser 3.7% to $126.8 billion. Full year sales increased by 5% to $466.1 billion compared to last year’s total of $443.8.

  • Claire's expects to end year on high sales note

    CHICAGO — Fashion jewelry retailer Claire's Stores said that it expects to report a 13.4% spike in net sales to $493 million for the fourth quarter over the same period last year, thanks in part to an additional week of net sales and a comparable-store sales increase of 5.4%.

    For the full year, Claire's expects to report net sales of $1.6 billion for fiscal 2012, an increase of 4.1%, compared with fiscal 2011.  

    Consolidated same-store sales increased 1.8% for the fiscal year.

  • Report: C-store saw traffic bumps in 2012

    Houston -- A report released Tuesday by research company NPD Group found that the convenience store sector experienced marked gains last year, as visits increased 4.6% in the fourth quarter and grew an average of 3.7% per month for 2012.

    Traffic gains were spread among all type of c-stores, according to NPD’s Convenience Store Monitor, which tracks the consumer purchasing behavior of more than 51,000 convenience store shoppers in the U.S.  

  • Mobile commerce gaining bigger share of retail landscape

    RESTON, Va. — In terms of growth, clicks continued to outpace bricks in 2012 — and how!

    That was the key takeaway from comScore’s “2013 U.S. Digital Future in Focus” report: Despite the backdrop of continued economic uncertainty, 2012 was a strong year for retail e-commerce. Throughout the year, growth rates versus the prior year remained in the mid-teens to outpace growth at brick-and-mortar retail by a factor of approximately four times.

  • Dr Pepper Snapple Group posts Q4 profits

    PLANO, Texas — Dr Pepper Snapple Group reported $629 million in profits for fiscal year 2012, up from $606 million in 2011, the beverage maker said Thursday.

    Profits for the fourth quarter were $170 million, compared with $166 million in fourth quarter 2011, driven by fiscal year 2012 sales of $5.99 billion and fourth-quarter sales of $1.48 billion, compared with $5.9 billion and $1.46 billion in 2011, respectively.

  • Wal-Mart expected to report 'disastrous' February sales

    New York -- Analysts had already suggested that Wal-Mart Stores Inc. would report weakened sales in February, as its primary customer base felt the pinch of newly increased payroll taxes. But internal emails leaked to the press confirmed the impending bad news.
     
    Bloomberg on Friday quoted an email generated by a Wal-Mart mid-level executive as saying that the retailer had the worst sales start to any month in seven years in February. Wal-Mart blames the slow start to the 2% payroll increase as well as on delayed tax returns.

  • Whole Foods narrows forecast despite strong Q1

    Austin, Texas -- Whole Foods Market reported that its first-quarter net income rose 24% to $146 million, exceeding expectations, on stronger revenue. But the grocer narrowed its revenue forecast and said its earnings growth may slow through the remainder of the year amid higher store-opening costs and plans to increase its selection of lower-priced products.

    Total sales increased nearly 14% to $3.86 billion for the 16-week period that ended Jan. 20. Same-store sales were up 7.2% for the quarter.

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