Data & Analytics

Sunbury, Pa. -- Weis Markets reported Tuesday that net income for the quarter ended June 30 rose 12.1% to $23.2 million, compared with $20.7 million in the year-ago period.

Sales were essentially flat at $677.1 million, and same-store sales inched up 0.4%.

President and CEO David Hepfinger cited a “stagnant sales environment” for the near-flat sales but said the grocer continues to improve efficiencies and store-level productivity.
 

New York -- Consumer confidence unexpectedly rose in July as Americans were more optimistic about the short-term outlook than they were about their current conditions, according to a report released Tuesday by The Conference Group, private research group. The report showed that while consumers are feeling better about the economy, they remain wary about the labor markets.

New York -- Coach Inc. reported Tuesday that net income for the quarter ended June 30 rose 24% to $251.4 million, from $202.5 million in the same period last year, topping Wall Street projections.

The company’s revenue in the quarter rose 12% to $1.16 billion, below analysts’ expectations of $1.2 billion. Slowing growth at the company’s factory-outlet stores impacted sales. Coach reinstated coupons at its factory stores late in the quarter amid increasing discounting among retailers.

New York -- A survey released Tuesday by Deloitte found that shoppers are prepped to spend on back-to-school items, and plan to use their mobile phones in the process.

San Mateo, Calif. -- A survey by The E-tailing Group and MyBuys found that consumers are more comfortable sharing data with retailers than they are with social networks, especially if it enhances the shopping experience.

BURLINGTON, Mass. — Alco Stores has selected OrderMotion's OMX platform to provide the back office technology to serve its new e-commerce site.

Epicor Software Corporation and True Value Co., announced the continuation of an agreement naming Epicor as True Value's recommended Epicor(R) Eagle(R) point-of-sale (POS) solution provider.

This 3-year agreement provides more of True Value's retailers the opportunity to benefit from Epicor solutions, according to the companies.

Newell Rubbermaid’s net sales declined 1.9% to $1.52 billion in the second quarter ended June 30. Net income declined 23.8% to $111.8 million. But those declines didn’t prevent CEO Michael Polk from looking at the bright side and pointing to momentum.

Core sales, which exclude the impact of changes in foreign currency translation, grew by 0.4%. And net sales for the first six months were $2.85 billion, up 1.0 % from the first-half results last year.

MINNEAPOLIS — Supervalu on Monday named Wayne Sales, a Canadian hall-of-fame-caliber retailer, as the company's president and CEO, replacing Craig Herkert.

“In my new role, I will work closely with our leadership team to improve our sales and earnings trajectory and generate long-term shareholder value, focusing relentlessly on identifying factors that will drive meaningful improvements in our strategy execution and overall performance,” Sales stated.

SPRINGFIELD, Mo. — O'Reilly Auto Parts reported that sales for its second quarter ended June 30 increased $84 million, or 6%, to $1.56 billion from $1.48 billion for the
same period one year ago. The company posted a 9% increase in net income to $146 million from $134 million for the same period last year. Diluted earnings per common share for the second quarter increased 20% to $1.15 on 127 million shares versus 96 cents for the same period one year ago on 140 million shares.