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Business Analytics

  • Rite Aid comps increase 2.9% in October

    CAMP HILL, Pa. — Same-store sales at Rite Aid increased by 2.9% in October, compared with last October, the retail pharmacy chain said Thursday.

    The increase included a 1.3% increase in same-store sales on the front end, as well as a 3.6% increase in pharmacy same-store sales, including a negative offset of about 160 basis points due to the introduction of new generic drugs.

    Total sales for the month were nearly $2 billion, a 2.8% increase over October 2010's $1.9 billion.

  • Golfsmith swings to profit in Q3

    Austin, Texas -- Golfsmith International Holdings reported Thursday a profit of $1.3 million for the quarter ended Oct. 1, compared with a loss of $1.1 million a year earlier.

    Net revenues increased 8.3 % to $101 million, from $93.3 million. Same-store sales rose 3.4%.
     

  • Cabela’s beats Street with 68.7% profit surge in Q3

    Sidney, Neb. -- Outdoor retailer Cabela’s reported Thursday that profit for the third quarter surged 68.7% to $33.3 million, compared with $19.7 million in the year-ago period. Results surpassed analysts’ expectations and mark the third straight quarter of profit rises.

    Revenue rose 6% to $678.6 million, missing Wall Street’s expected $681.5 million.

  • Office Depot profit doubles on one-time gains; adjusted results miss Street

    Boca Raton, Fla. -- Office Depot's fiscal third-quarter net income more than doubled, but its adjusted results missed analysts’ expectations amid sales declines in North America.

    The company earned $91.7 million for the period ended Sept. 24, compared with $32 million a year earlier. But excluding $6 million in restructuring charges and other costs and a $99 million tax benefit, the company lost about $700,000, or break-even per share.

  • Office Depot is only retailer in Top 10 of annual green ranking by Newsweek

    New York City -- For the second year in a row, Office Depot was recognized in Newsweek magazine’s annual “Green Rankings” as the greenest large retailer in America. Across all industry sectors, Office Depot was ranked as America’s 8th greenest large company, a move up of 10 spots from last year, and was the only retailer in the U.S. Top 10 list.

    Office Depot not only achieved the highest aggregate green score in the U.S. retail industry, but also led in Environmental Management, and disclosure of performance data.

  • ODP lone retailer in Top 10 Newsweek green list

    NEW YORK — For the second year in a row, Office Depot was recognized in Newsweek magazine’s annual “Green Rankings” as the greenest large retailer in America. Across all industry sectors, Office Depot was ranked as America’s 8th greenest large company, a move up of 10 spots from last year, and was the only retailer in the U.S. Top 10 list.

    Office Depot not only achieved the highest aggregate green score in the U.S. retail industry, but also led in Environmental Management, and disclosure of performance data.

  • Supervalu outlook cautious even as profits improve

    EDEN PRAIRIE, Minn. — Supervalu reduced it full-year profit forecast Wednesday morning, even though the company reported better-than-expected second-quarter sales and profits as a result of strategies president and CEO Craig Herkert said are yielding results.

  • 99 Cents Only same-store sales up 6.7% in Q2

    Commerce, Calif. -- 99 Cents Only Stores reported Friday that same-store sales for the second quarter rose 6.7%. The news comes just days after the discounter agreed to a $1.6 billion buyout by private equity firm Ares Management LLC and the Canada Pension Plan Investment Board.

    Total revenue for the quarter ended Oct. 1 rose 8.8% to $363 million.
     

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