Question-and-Answer SessionOperator Operator Instructions Your first question comes from Rick Nelson – Stephens Inc. Rick Nelson – Stephens Inc Can you talk about same store growth by segment, give us some feel, it looks as if the mix did shift towards service and parts in the quarter. Also, how...
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Ryan Balgopal – Scotia Capital. Ryan Balgopal – Scotia Capital I was wondering if you could just talk about your new store program. I would have thought that your total retail sales growth would have been higher relative to same...
(Reuters) - Costco Wholesale Corp COST said on Thursday its same-store sales for October were down 1 percent.Highlights:* Says October sales rose 2 pct to $5.3 bln* Oct Thomson Reuters Estimates same-storesales view was up 3.6 pct, including fuel* October U.S. same store sales rose 2 percent
By Brad DorfmanCHICAGO (Reuters) - Bargain-hunting holiday shoppers did not save U.S. retail sales in November, which will likely represent a second straight month of declines for the industry.Sales during last week's Black Friday, the traditional kickoff of the holiday shopping season, were better than many analysts expected. But the...
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of Jonathan Lichter - Sidoti & Company Jonathan Lichter - Sidoti & Company What are you seeing in terms of same store sales weakness or strength, by geographic region? Michael Walsh It varies, for example...
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of Budd Bugatch - Raymond James Budd Bugatch - Raymond James If you look at your company-owned retail and compare it to the system-wide retail performance in comps, can you give us a feel of that...
By Jessica WohlCHICAGO (Reuters) - Walgreen Co WAG expects to increase its share of prescription sales even as anxious consumers rein in spending in the tough economic climate, said President and Chief Operating Officer Greg Wasson.Walgreen, one of the largest U.S. drugstore chains, has seen consumers skip pills or split...
The News: Everybody figured September retail sales would be awful, and everybody was right. JC Penney CEO Myron Ullman says shoppers are saving for the holidays. Ever the optimist, Mike. by Lisa Everitt
PetSmart PETM is expected to report Q3 earnings after market close Wednesday, November 19, with a conference call scheduled for 4:30 pm ET. Guidance Analysts are looking for a profit of 26c on revenue of $1.24B. The consensus range is 23c to 30c for EPS, and revenue of $1.2B to...
Applebee's Services, Inc. today announced theappointment of Rebeca M. Johnson to the position of senior vice president,marketing. Johnson, as a member of the senior executive team, will provideleadership for the Company's marketing efforts including consumer insights,advertising, innovation, national, field, and brand marketing. SpecificallyJohnson will lead the efforts to re-energize the...
New Leadership Team Focused on Driving Sales, Store-Level Profit Margins and EBITDA Growth Initiatives Launched to Drive $100 Million in Incremental Operating Profit at Wendy's[R] and Reduce Corporate G&A by $60 Million Over the Next 2-3 Years Wendy's Brand Turnaround Under Way and Sales Performance Improving...
OAK BROOK, ILL. -- As independent and chain restaurants nationwide struggled in recent months amid dwindling traffic and waning consumer confidence, the apparent main beneficiary of a growing trading-down effect, McDonald's Corp., reported upbeat third-quarter results and its highest same-store sales gain this year. Nonetheless, analysts continued to...
Sales Up 106% as Planet Continues its Growth Strategy EDMONTON, Oct. 21 /PRNewswire-FirstCall/ -- Planet Organic Health Corp (TSX Venture Exchange - POH), Canada's leading natural products retailer, today reported consolidated sales for the year ended June 30, 2008 of $113.9 million compared to $55.3 million for...
"BUY" RATING MAINTAINED FOR WAL-MART: Lazard Capital Markets managing director Todd Slater has maintained a "buy" rating for Wal-Mart Stores Inc., raising the retailer's target share price to $66 from $59. The chain's August same-store sales growth was better than expected, Slater says, pointing out that the discount stores' 2.8%...
CHICAGO -- OptionsNews, the daily video news program on www.onn.tv, discusses same store sales from Wal-Mart WMT, BJ's Wholesale BJ and Costco COST, a new twist to the credit crisis, and investors concerned over an AIG conference call. For the full video report, visit: http://link.brightcove.com/services/link/bcpid1697139148/bctid1717 903165....
CAMP HILL, Pa. -- With the reporting of Rite Aid's fiscal 2009 first-quarter results on June 26, the days of Rite Aid minus Brooks/Eckerd same-store sales reporting are over. And while that may mean an initial drag on Rite Aid's comparable store results in the short-term--Rite Aid reported a decline...
MCKINNEY, Texas -- Jessica Wiswall, the CEO of My Vintage Baby, Inc. (Pink Sheets:MVBY), a public children's apparel company, has issued the following mid-year update. "The launch of our 2008 Fall line is imminent. With this introduction we will expand our high-end unique existing collections and test market...
NEW YORK -- Warehouse club retailers had a good year in 2007, paced by an impressive performance by Costco Wholesale Corp., the leader in the trade class. Costco, which focuses on high-end merchandise and targets middle- and upper-income shoppers, booked revenues of $64.4 billion in fiscal 2007, an...
Brand's Marketing Team Has the Recipe for Success ATLANTA -- Church's Chicken([R]) celebrates its fifth year of positive same store sales in the United States. Despite a declining category, the quick-serve chicken brand's continued success has been attributed in large part to its breakthrough marketing strategy, the success...