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Business Analytics

  • Zumiez Q4 profit nearly doubles, to open 44 stores

    Everett, Wash. -- Zumiez reported Thursday that net income for the quarter ended Jan. 29 almost doubled to $15 million, compared with net income of $8.8 million in the year-ago period.

    Sales increased 17.9% to $156.2 million, from $132.4 million. Same-store sales increased 13 %.

    For the full year, sales rose 17.5% to $478.8 million, from $407.6 million. Profit rose to $24.2 million, from $9.1 million in fiscal 2009.

    Same-store sales increased 11.9% in fiscal 2010.

  • Alimentation Couche-Tard profit leaps nearly 30% in Q3

    Laval, QC -- Canadian c-store operator Alimentation Couche-Tard reported Thursday that net income for its fiscal third quarter rose 29.6% to $71 million, compared with $54.8 million in the year-ago period.

    Revenues rose 13.7% to $5.6 billion. Same-store merchandise sales were up 3.9% in the United States and 0.4% in Canada.
     
    Alimentation Couche-Tard operates a network of 5,874 convenience stores in the United States and Canada.

  • The Buckle profit rises in Q4

    Kearney, Neb. -- The Buckle reported Thursday that net income for the quarter ended Jan. 29 rose to $49.5 million, compared with $42.1 million in the year-ago period.

    Sales rose 10.4% to $303.1 million, from $274.4 million.

    Same-store sales increased 6.3%.

    For the full year, The Buckle reported that net income rose to $134.7 million from $127.3 million in 2009. Yearly sales increased 5.7% to $949.8 million, from $898.3 million. Same-store sales edged up 1.2%.

  • Stein Mart profit surges in Q4, sales dip

    Jacksonville, Fla. -- Stein Mart reported Thursday that fourth quarter profit surged to $18.8 million from $2.7 million in the year-ago period. Results included an income tax benefit in fourth quarter 2010.

    Revenue for the quarter ended Jan. 29 decreased 1.5% to $336.7 million, compared with $341.8 a year earlier. Same-store sales dipped 1.2%.

  • Jobless claims in U.S. increase a more-than-expected 397,000 last week

    Washington, D.C. -- A report released Thursday by the U.S. Labor Department showed that jobless claims in the United States rose by 26,000 for the week ended March 5, to 397,000.

    Economists expected claims would climb to 376,000, according to a Bloomberg News survey. The total number of people receiving benefits in the prior week fell to the lowest since October 2008.

  • Bon-Ton Q4 income, sales up

     York, Penn. -- Bon-Ton Stores Inc. said Wednesday its fiscal fourth-quarter profit climbed 6%.

    The department store chain said its net income rose to $85 million for the period ended Jan. 29, up from $80.3 million a year earlier.

    Revenue edged up 1% to $1.03 billion from $1.02 billion.

    Revenue at stores open at least a year rose 0.8%.

    Bon-Ton Stores' annual net income was $21.5 million. In the prior year, it lost $4.1 million. 

  • Kitchens and gardens shine at Home Depot

    ATLANTA -- Home Depot's fourth quarter saw positive comp-store sales for the fifth straight period. Kitchens and gardens were among the highest-performing categories.

    According to Home Depot's Craig Menear, EVP merchandising, the departments that outperformed the company average were kitchens, outdoor garden, indoor garden, electrical and tools.

    Comparable-store sales for the company increased 3.9% for the three months ended Jan. 30. For stores in the United States, comp sales were positive 4.8%.

  • Supervalu taps PointRoll to boost grocery sales

    NEW YORK — Amid researching its customers' changing media habits, supermarket retailer Supervalu has partnered with a leading provider of digital marketing services and technology to enhance how the grocer reaches customers.

    Supervalu said that after conducting a joint study with Nielsen Catalina Solutions, which measured more than 30 million impressions delivered by PointRoll, in-store sales at Supervalu experienced an overall increase during a three-month period, thanks to PointRoll's PaperBoy eCircular, an interactive expandable ad unit.

  • Share gains coming, but not the next Walmart

    Target is expected to gain about $3 billion in market share during the next few years as the company completes the rollout of its PFresh program, according to Credit Suisse analyst Edward Kelly.

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