New York—After better-than-expected comparable store sales results in February and March, April disappointed. In fact, … [Read more...]
Michael Balmuth
March Retail Gets Boost from Easter Sales
New York—While last month may have been the warmest March in more than 50 years, what really helped lift March retail sales were … [Read more...]
April 5, 2012 -
Ross Stores Q4 Profit Up on Higher Sales, Better Margins
Pleasanton, CA—Aided by strong sales and a higher gross margin, Ross Stores reported Thursday that its fourth quarter profit … [Read more...]
March 16, 2012 -
February Comp Sales Surprise as Consumer Confidence Rises
New York—Surprisingly strong comparable store sales results in February are being chalked up to a warmer, drier month that … [Read more...]
March 1, 2012 -
January Comp Sales Reflect Holiday Hangover
New York—Normally a weaker month for sales anyway, January turned out to be a mixed bag for retailers. Following of the heels … [Read more...]
February 2, 2012 -
Ross Stores Q3 Profit Jumps 19% on Sales Increases
Pleasanton,CA—Ross Stores Inc. reported Thursday a 19% in its third-quarter profit, helped by strong overall sales and … [Read more...]
November 18, 2011 -
October Comp Sales Up, But Still Disappointing
New York—Major retailers reported today their October comparable store sales were up 3.4% in total from last year, but below … [Read more...]
November 3, 2011 -
Despite Uncertainty, September Retail Comps Rise
New York—Despite the daily drumming about economic uncertainty, comparable store sales continued to increase for most U.S. … [Read more...]
October 6, 2011 -
Despite Irene, August Retail Comp Sales Rise
New York—While Hurricane Irene may have dampened retail sales especially on the East Coast, the storm didn’t hinder sales at … [Read more...]
September 1, 2011 -
Ross Stores Q2 Profit Rises 15% as Comp Sales, Margins Improve
Pleasanton, CA--Ross Stores, Inc. reported today a 15 % increase in its second quarter profits helped along by a 5% increase in … [Read more...]
August 18, 2011 -
July Retail Sales Surprise, Stronger Than Expected
New York—Although July retail sales were down from a year ago, many retailers defied doom and gloom expectations to post … [Read more...]
August 4, 2011 -
Earnings Update: Ross Stores, Rue21, Brown Shoe
Ross Stores Q4 Profit Rises on Strong Sales Pleasanton, CA—Ross Stores posted net earnings of $161.80 million or $1.37 per for … [Read more...]
March 18, 2011 -
