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Business Analytics

  • Delhaize emphasizes private-brand implementation

    SALISBURY, N.C. — Delhaize America is emphasizing its private-brand assortments, the supermarket conglomerate reported in its earnings release.

    Delhaize said it forged ahead with its New Game Plan, which includes "important price investments," and noted that its U.S. operating companies — which include such banners as Food Lion, Bottom Dollar and Hannaford — are reinforcing their private-brand assortments through the introduction of a new value line called My Essentials.

  • 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%.

  • Reading between the lines

  • 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.

  • 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%.

  • 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.

  • Stein Mart delivers 4Q profits, but sales slide

    JACKSONVILLE, Fla. -- Stein Mart announced that net income for the fourth quarter was $18.8 million or 42 cents per diluted share compared with net income of $2.7 million or 6 cents per diluted share in 2009. Excluding the impact of a favorably tax benefit, fourth-quarter net income increased to $14.6 million or 32 cents per diluted share compared with $8.7 million or 19 cents per diluted share in 2009.

    For the year, net income was $48.8 million or $1.08 per diluted share compared to net income of $23.6 million or 54 cents per diluted share in 2009. 

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