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Data & Analytics

  • Wal-Mart profit rises 9.3% in Q3

    Bentonville, Ark. -- Wal-Mart Stores reported Tuesday that profit for the quarter ended Oct. 31 rose 9.3% to $3.44 billion, compared with a profit of $3.15 billion in the year-ago quarter.

    However, same-store sales in the United States declined as Wal-Mart’s shoppers remain under pressure in a weak economy. Same-store sales in the United States fell 1.3%, the sixth consecutive quarterly decline at the world’s largest retailer.

    Net sales rose 2.6% to $101.2 billion.
     

  • 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.

  • Lowe’s profit rises 17% in Q3, misses Street

    Mooresville, N.C. -- Lowe’s Cos. reported Monday that profit for the quarter ended Oct. 29 rose 17% to $404 million, compared with net income of $344 million in the year-ago period.

    The second-largest U.S. home-improvement retailer cited shrinking labor expense for the improvement.

    Revenue rose 1.9% to $11.59 billion in the third quarter. Wall Street expected sales of $11.75 billion. Same-store sales edged up 0.2%.

  • Hastings Entertainment narrows loss in Q3

    Amarillo, Texas -- Multimedia entertainment retailer Hastings Entertainment reported Monday that it recorded a loss of $3.1 million for the quarter ended Oct. 31, compared with a loss of $3.4 million in the year-ago period.

    Total revenues for the third quarter were flat at $112.3 million.

    Total same-store revenues increased 1.3% for the quarter. Merchandise same-store revenues increased 1.2% for the quarter and rental same-store revenues increased 2.2% for the quarter.

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