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Data & Analytics

  • Abercrombie Q3 profit misses Street

    New Albany, Ohio -- Abercrombie & Fitch earnings rose 1.7% in the third quarter, well short of analysts’ estimates, as rising costs pressures offset a big jump in sales.

    For the quarter ended Oct. 30, the chain reported $50.9 million in earnings, up from $50 million in the same period last year. Total sales rose 21% to $1.08 billion, more or less in line with Wall Street estimates.

    Total international sales including e-commerce rose 56% to $255.7 million. In the United States, sales rose 14% to $820.2 million.
     

  • ODP takes top spot for retail energy efficiency

    BOCA RATON, Fla. — Office Depot has announced that Office Depot stores in Plano, Texas; Raleigh, N.C.; and Tallahassee, Fla. won the top three spots for retail energy efficiency gains in the 2011 U.S. Environmental Protection Agency’s (EPA) Energy Star National Building Competition. The Plano and Raleigh stores were also the only retailers in the overall top ten list, according to the company.

  • Moody’s: Holiday sales to be lackluster, with online sales a bright spot

    New York City -- Holiday sales growth will lag behind last year’s robust gains as consumers hold back in an uncertain economy. The roughly 3% growth will be driven by high prices due to inflation, rather than any increase in demand, according to a new report by Moody's Investors Service.

  • HD's Menear points to merchandise highlights

    ATLANTA — Atlanta-based Home Depot's wind-and-storm aided sales effort in the third-quarter presented several category highlights, according to EVP merchandising Craig Menear.

    The company's strong third-quarter performance, which included a 13% net earnings increase and comp-store sales of positive 4.2%, included strength "in the core of the store" and growth in average ticket and transactions.

  • Office Depot is top retailer in Energy Star’s national building competition

    Boca Raton, Fla. -- Office Depot announced that Office Depot stores in Plano, Texas; Raleigh, N.C.; and Tallahassee, Fla., won the top three spots for retail energy efficiency gains in the 2011 U.S. Environmental Protection Agency’s (EPA) Energy Star National Building Competition. The Plano and Raleigh stores were also the only retailers in the overall top 10 list.

  • Deloitte Survey: Shoppers expect discounted prices

    New York City -- Excitement over unexpected in-store deals has diminished as discounted prices become an anticipated part of the consumer products shopping experience, according to the Deloitte/Harrison Group annual American Pantry Survey.

  • Survey: Consumers consider expected savings before shopping

    NEW YORK — Shoppers today are more knowledgeable than ever when it comes to finding deals on their favorite products, and many won't even set foot in store until they have an idea of their potential savings, according to the Deloitte/Harrison Group annual American Pantry Survey.

  • Target Q3 profit up 3.7%, beats expectations

    Minneapolis -- Target Corp.’s profit increased a better-than-expected 3.7% in the third quarter to $555 million, up from $535 a year earlier. The retailer’s performance was helped by solid spending and improvement in its credit card business.

    Revenue rose 5.4% to $16.05 billion. Same-store sales were up 4.3% in the quarter.

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