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Data & Analytics

  • Hibbett profit, sales rise in Q3; to open 60 stores in 2013

    Birmingham, Ala. -- Hibbett Sports reported Friday that net income for the quarter ended Oct. 27 climbed 18.8% to $19 million, compared with $16 million in the year-ago period.

    Sales rose 9.6% to $202.9 million, and same-store sales increased 6.4%.

    The sporting goods retailer said it is on track to open 57 to 60 new stores in fiscal 2013, expand approximately 17 high-performing stores, and close up to 18 stores.

     

  • Dress for less this Christmas? Ross thinks so

    Value never goes out of style during the holiday’s and Ross Stores is well positioned to capitalize on this most enduring of seasonal behaviors.

  • As inflation subsides sales moderate at Sam’s

    A 2.7% third quarter same store sales increase at Sam’s Club was below expectations for a 3% to 5% increase. President and CEO Rosalind Brewer explained what went wrong yesterday morning during a pre-recorded message.

  • Deloitte Consumer Spending Index rose sharply in October

    New York -- Deloitte reported Friday that its Consumer Spending Index rose sharply in October, primarily due to the significant increase in new home prices.

    The Index tracks consumer cash flow as an indicator of future consumer spending.

  • Danfloss helps Supervalu complete first all-natural refrigerant store

    Baltimore -- Danfloss,  a manufacturer of high-efficiency electronic and mechanical components and controls for air-conditioning, heating, refrigeration and motion systems, and provider of energy management and control solutions for the food retail industry, was chosen by Supervalue to provide a range of energy-saving products and support for a remodel project that has resulted in the development of the company’s first grocery store operating 100%  on natural refrigerants.

  • Ross Stores profit rises 11% in Q3, sales miss

    Pleasanton, Calif. -- Ross Stores Inc. reported Thursday that net income rose 10.8% to $159.5 million in the third quarter, compared with $144 million a year earlier.

    Revenue rose 10.6% to $2.26 billion, missing Wall Street’s expected $2.34 billion in revenue. Same-store sales climbed 5%.

    The retailer has reaffirmed its guidance for the fourth quarter.

  • BDO Survey: Retailers anticipate 3.1% increase in Black Friday sales

    Chicago -- Retailers project a 3.1% increase in sales on Black Friday, according to a survey of top retail chief marketing officers by BDO USA, LLP. This optimism follows last year's modest projection of 1.6% growth, which preceded record sales over Thanksgiving weekend.

  • What a mess: Walmart’s incredible expanding corruption investigation

    Walmart had as much to say about an ongoing and expanding investigation into alleged violations of the U.S. Foreign Corrupt Practices Act in its third quarter filing with the Securities and Exchange Commission as it did about its actual financial results.

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