Blogs, guides, reports and news articles all in one place
Dillard’s, Inc. Reports First Quarter Results
16 May, 2014 • Helen Thomas
May 15, 2014 Reports Record First Quarter Earnings per Share of $2.56 versus $2.50 Dillard’s, Inc. (DDS-NYSE) announced operating results for the thirteen weeks ended May 3, 2014. Summary of the Company’s First Quarter Performance A 2% increase in comparable store sales Diluted earnings per share of $2.56 versus $2.50 Cash flow from operations of... Read more »
Builder Confidence Remains In Holding Pattern
15 May, 2014 • Helen Thomas
May 15, 2014 Builder confidence in the market for newly built, single-family homes in May fell one point to 45 from a downwardly revised April reading of 46 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. “After four months in which the HMI has shown little signs of fluctuation,... Read more »
Outlook Remains Positive Despite Flat April Sales
14 May, 2014 • Helen Thomas
May 13, 2014 Retail sales rose ever so slightly in April, putting a damper on hopes of a sharp uptick in economic growth in the second quarter. According to the U.S. Commerce Department, retail sales, which include categories such as automobiles, gasoline stations and restaurants, rose 0.1% in April, following a revised 1.5% increase in... Read more »
Economic Highlights For The Week Ahead – May 12
13 May, 2014 • Helen Thomas
May 12, 2014 Last week: Some improvement in trade, domestically and globally, was the big news this week. The forward indicators have been pointing to some improvement in global industrial conditions, which may be developing, as evidenced by the trade data. The other big story is financial, in terms of the Federal Reserve continuing to... Read more »
Retail Sales Post Weaker-Than-Expected April Increase
13 May, 2014 • Helen Thomas
May 13, 2014 U.S. retail sales barely rose in April and a gauge of consumer spending slipped, which could temper hopes of a sharp acceleration in economic growth in the second quarter. The Commerce Department said on Tuesday retail sales edged up 0.1 percent last month, held back by declines in receipts at furniture, electronic... Read more »
Old Navy Drives Gap’s April Sales
13 May, 2014 • Helen Thomas
May 9, 2014 Gap had a good April in terms of sales, and a large part of the reason is the company’s Old Navy banner. The company reported that April net sales increased 10% to $1.33 billion for the four-week period ended May 3, versus $1.21 billion last year. Gap’s comparable sales for April 2014... Read more »
Fred’s Launches Aggressive Marketing Campaign
12 May, 2014 • Helen Thomas
May 8, 2014 Fred’s plans to implement a long-term marketing strategy stressing everyday low pricing and the convenience of a smaller box to help bolster sales against what the company describes as “intense competitive pressures.” The company’s pharmacy operations continue to grow, however. Fred’s reported $150 million in sales for the four weeks ended May... Read more »
Costco April Sales Beat Analysts’ Expectations
12 May, 2014 • Helen Thomas
May 8, 2014 The timing of Easter this year left Costco with 27 days of sales in April, rather than last year’s 28. But despite the Easter holiday shift, Costco still came out on top with a 7% increase in net sales that reportedly beat analysts’ expectations. The company reported net sales of $8.56 billion... Read more »
Supervalu To Acquire Rainbow Stores In The Twin Cities
12 May, 2014 • Helen Thomas
May 7, 2014 Supervalu, the owner of Cub Foods, along with four Twin Cities-based independent grocery retailers, have each entered into definitive agreements to acquire select Rainbow Foods grocery stores. In total, they agreed to acquire 18 Rainbow grocery stores, including 13 Rainbow pharmacies and three Rainbow liquor stores in Minnesota. Jerry’s Enterprises, Haug Enterprises,... Read more »