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Business Analytics

  • Starbucks profit up 20%

    Seattle -- Starbucks on Wednesday reported that its second-quarter profit rose 20% as more customers visited its stores, and it raised its earnings forecast for the year.

    The company said it earned $261.6 million for the quarter ended April 3, up from $217.3 million a year earlier. Revenue rose nearly 10% to $2.79 billion.

  • Cabela’s Q1 profit up on strong sales

    Sidney, Neb. -- Cabela's said Thursday that stronger revenue helped its fiscal first-quarter profit more than double from results weighed down by a hefty charge a year ago.

    The reported net income of $17.8 million in the three months ended April 2, up from $8.1 million a year earlier.

    The year-ago period included an $11.9 million charge related to a 2009 FDIC compliance examination.

    Revenue increased 5% to $586.7 million, from $559.6 million. Same-store sales rose 8.9%.

  • Rite Aid’s April sales up

    Camp Hill, Pa. -- Rite Aid's April sales rose thanks in part to bustling business at its pharmacies.

    Rite Aid’s same-store sales rose 0.5% over the four weeks ended April 23, with pharmacy revenue up 1%. Sales of nonpharmacy fell 0.4%. Prescriptions filled at those stores rose 0.7%.

    Total April sales fell 0.4% to $1.95 billion from $1.96 billion. The company had 4,705 stores as of April 23, 68 less than a year ago.

  • Jones Q1 profit down 34% on charges, costs

    New York City -- Jones Group's net income fell 34% in the first quarter, weighed down by higher costs and charges tied to an acquisition.

    Jones Group earned $25.9 million, compared with $39.4 million a year ago.

    Jones Group said its quarterly results included about $11 million in costs and charges tied to its Stuart Weitzman acquisition and other restructuring and strategic review costs. Last year's quarter included costs and charges totaling approximately $3 million.

  • Office Depot reports Q1 loss amid weak sales

    Boca Raton, Fla. -- Office Depot reported a first quarter loss of $5.4 million, down from a profit of $29.5 million in the prior-year period, amid weaker sales and a higher tax rate.

    Total company sales for the quarter were $2.97 billion, down 3% from last year.

  • Webinar: Simplifying Retail Business Intelligence

    New York City -- Chain Store Age will present a Webinar on Tuesday, April 26, at 2 p.m. EST (11 a.m. Pacific) that will include results of its exclusive survey on how retailers are using business intelligence tools.

  • RadioShack profit down 30% on costs

    Fort Worth, Texas -- RadioShack Corp.'s first-quarter earnings fell 30% amid higher costs and lower margins. The company also lowered the high end of its full-year earnings estimate.

    RadioShack reported net income of $35.1 million, down from $50.1 million a year earlier.

    Revenue for the three months ended March 31 rose 2% to $1.06 billion, boosted by 11%  growth in mobile devices.

  • Vitamin Shoppe enjoys healthy growth trajectory

    The recent opening of the 500th Vitamin Shoppe store was heralded as an important milestone for this rapidly growing company but within a few years the nation’s second largest nutritional products specialty retailer could be eyeing 1,000 units.

    “There are many markets we are interested in establishing a presence in, and we will continue to move forward with our growth plans to expand in current markets and penetrate new ones,” Vitamin Shoppe CEO Tony Truesdale said on the occasion of the opening of the 500th store in St. Peters, Mo., earlier this month.

  • Tesco annual profit up, losses continue at Fresh & Easy

    New York City -- Tesco PLC said Tuesday that its profit rose 14% to $4.3 billion in its most recent fiscal year ending Feb.26, while annual group sales increased 8% to almost $106 billion. However, losses continued to mount at its U.S. division, Fresh & Easy Neighborhood Market, which lost about $302.6 million. The division, which opened its first stores in 2007, now has 172 locations. It has yet to post a profit.

    Tesco remains committed to Fresh & Easy, and said it is ramping up expansion, with about 50 stores on tap for this year.

  • iParty loss widens in Q1

    Dedham, Mass. -- Party goods retailer iParty Corp. reported Wednesday a loss of $1.51 million in the quarter ended March 26, compared with a loss of $1.49 million in the year-ago period.

    Revenues for the quarter edged up 1.7% to $15.1 million. Same-store sales dipped 1.1%.

    iParty Corp. operates 53 iParty retail stores in New England and Florida.

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