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Data & Analytics

  • Abercrombie & Fitch profit up in Q3

    New Albany, Ohio -- Abercrombie & Fitch Co. on Tuesday reported a profit of $50 million for the quarter ended Oct. 30, compared with $38.8 million in the year-ago period. Its results were helped by improving sales in the United States and international revenue.

    Sales rose 18% to $886 million, matching Wall Street expectations. Same-store sales increased 7%. By division, same-store sales rose 8% at namesake stores, 2% at Abercrombie kids stores and 7% at surf-themed Hollister stores.

  • Urban Outfitters Q3 profit up 17%

    Philadelphia -- Urban Outfitters recorded earnings of $73.1 million for the quarter ended Oct. 31, a 17% hike over the $62.4 million recorded in the prior year period, helped by higher sales and improved growth in comparable store net sales. Quarterly earnings were ahead of the analysts' expectations, while sales came in short of the consensus.

    Revenue rose 13.4% to $573.6 million, missing Wall Street estimates of $580 million.

  • Home Depot profit rises 21%, beats Street

    Atlanta -- Home Depot reported Tuesday that it recorded higher-than-expected earnings in the third quarter, boosted by tighter cost controls.

    The company’s net income rose to $834 million in the quarter ended Oct. 31, compared with net income of $689 million a year earlier.

    Sales rose 1.4% to $16.60 billion, slightly above Wall Street expectations of $16.59 billion. Same-store sales at Home Depot's U.S. stores rose 1.5%. It was the chain’s fourth-straight quarterly gain after three years of declines

  • Saks profit surges in Q3

    New York City -- Saks reported Tuesday that its net income rose to $36.3 million for the quarter ended Oct. 30, up from $6.3 million in the year-ago period. Third-quarter 2010 results were helped by a surge in luxury spending and a $26.7 million gain related to income tax reversals.

    Revenues rose to $658.8 million for the quarter, compared with $631.4 million the prior year. Same-store sales increased 5.7%.

  • Survey: Black Friday sales to increase by 3.8%

    Chicago -- Black Friday sales are expected to increase by 3.8% and Cyber Monday sales to grow by 2.5% this holiday season, according to BDO USA’s Retail Compass Survey of CMOs, which polls chief marketing officers at 100 leading U.S. retailers. Black Friday and Cyber Monday expectations are more bullish this year compared with 2009 when both were expected to rise by 1.8%.

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