Content about Same-store sales

January 5, 2012
RAD comps increase 3.6% in December

Rite Aid's same-store sales increased 3.6% in December 2011, compared with December 2010, the company said Thursday.

CAMP HILL, Pa. — Rite Aid's same-store sales increased 3.6% in December 2011, compared with December 2010, the company said Thursday.

Front-end same-store sales increased by 0.7%, while pharmacy same-store sales increased by 5.2% and prescription count at comparable stores increased 3.2%. Total store sales increased by 3.3% to $2.6 billion, compared with December 2010's nearly $2.6 billion.

January 5, 2012
Ulta sees solid double-digit sales gains during holiday season

Beauty retailer Ulta Beauty posted a same-store sales increase of 12.6% during the seven-week holiday period.

BOLINGBROOK, Ill. — Beauty retailer Ulta Beauty posted a same-store sales increase of 12.6% during the seven-week holiday period.

Total net sales for the seven-week holiday period, from Nov. 13 to Dec. 31, were $386 million, a 24.4% increase from the prior-year holiday period of $310.4 million. Comparable store-sales for the 2011 holiday period increased 12.6%, compared with a 9.5% increase during the same period in the prior year. Over a two-year period, comparable store sales increased 22.1%.

December 1, 2011
Rite Aid comps increase 1.9% in November

Rite Aid's same-store sales increased by 1.9% in November, compared with the year-ago period, the company said Thursday.

CAMP HILL, Pa. — Rite Aid's same-store sales increased by 1.9% in November, compared with the year-ago period, the company said Thursday.

The country's third-largest retail pharmacy chain said front-end same-store sales decreased by 0.6%, while pharmacy same-store sales increased by 3.1%. Meanwhile, total drug store sales were $2.4 billion, a 1.4% increase over November 2010's $2.37 billion.

November 1, 2011
Winn-Dixie posts consecutive quarterly same-store sales increases

Winn-Dixie's transformational remodel initiative is setting the stage for a strong 2012, the company reported Tuesday morning during its first-quarter conference call.

JACKSONVILLE, Fla. — Winn-Dixie's transformational remodel initiative is setting the stage for a strong 2012, the company reported Tuesday morning during its first-quarter conference call.

October 27, 2011
RAD comps increase 2.9% in October

Same-store sales at Rite Aid increased by 2.9% in October, compared with the same period last year, the retail pharmacy chain said Thursday.

CAMP HILL, Pa. — Same-store sales at Rite Aid increased by 2.9% in October, compared with the same period last year, the retail pharmacy chain said Thursday.

The increase included a 1.3% increase in same-store sales on the front end, as well as a 3.6% increase in pharmacy same-store sales, including a negative offset of about 160 basis points due to the introduction of new generic drugs.

Total sales for the month were nearly $2 billion, a 2.8% increase over October 2010's $1.9 billion.

October 19, 2011
Sales tools, localized marketing and inflation driving Supervalu comps

Hyper-local initiatives and the rollout of sales tools at Supervalu, along with inflation, are helping to drive better-than-expected comparable sales for the company's second-quarter results, Supervalu reported Wednesday morning.

MINNEAPOLIS — Hyper-local initiatives and the rollout of sales tools at Supervalu, along with inflation, are helping to drive better-than-expected comparable sales for the company's second-quarter results, Supervalu reported Wednesday morning.

September 29, 2011
Rite Aid comps increase 1.3% in September

Rite Aid same-store sales increased by 1.3% in September, compared with September 2010, the company said Thursday.

CAMP HILL, Pa. — Rite Aid same-store sales increased by 1.3% in September, compared with September 2010, the company said Thursday.

During the four-week period that ended Saturday, front-end same-store sales were down 0.5%, though pharmacy same-store sales increased 2.1%, including a 143-basis point negative effect from new generic introductions.

September 1, 2011
Rite Aid comps increase 2.5% in August

Same-store sales at Rite Aid increased by 2.5% for the month of August compared with August 2010, the retail pharmacy chain said Thursday.

CAMP HILL, Pa. — Same-store sales at Rite Aid increased by 2.5% for the month of August compared with August 2010, the retail pharmacy chain said Thursday.

This included a 2.9% increase in front-end same-store sales — including 1.5% coming from sales related to Hurricane Irene — and a 2.3% increase in pharmacy same-store sales, offset by 132 basis points, due to new generic introductions.

August 30, 2011
Expectations elevated at Dollar General

Dollar General results showed that low-end consumers have some spending power and a taste for its brand of discount retail.

GOODLETTSVILLE, Tenn. — Dollar General results showed that low-end consumers have some spending power and a taste for its brand of discount retail.

Sales increased 11.2% to $3.58 billion at the company’s 9,641 stores, while same-store sales increased 5.9% and net income increased 25% to $181 million, excluding nonrecurring charges related to the early repayment of debt. On that same basis, earnings per share increased to 52 cents, four cents better than analysts expected and nearly 24% higher than the prior-year profit of 42 cents.

August 25, 2011
Fred's Q2: Customer challenged; pharmacy significant POD

Southeastern discount banner Fred's on Thursday morning reported that the consumer continues to be challenged by economic pressures.

MEMPHIS, Tenn. — Southeastern discount banner Fred's on Thursday morning reported that the consumer continues to be challenged by economic pressures. "In key markets we continue to see swings in sales [tied to] the payroll cycle," Bruce Efird, Fred's president and CEO, told analysts during a conference call this morning. Efird also reported an increase in government assistance utilization.

August 4, 2011
Sales rise for Target in July

July same-store sales at Target rose 4.1% on top of a prior-year gain of 2%, with increased transaction size serving as the primary driver of an increase toward the upward end of the company’s guidance.

MINNEAPOLIS — July same-store sales at Target rose 4.1% on top of a prior-year gain of 2%, with increased transaction size serving as the primary driver of an increase toward the upward end of the company’s guidance.

August 2, 2011
Winn-Dixie expects slight decline in year-end sales

Winn-Dixie on Monday announced that net sales for the fiscal year ended June 29 are expected to be approximately $6.9 billion, reflecting a 0.1% decrease in same-store sales.

JACKSONVILLE, Fla. — Winn-Dixie on Monday announced that net identical-store sales for the fiscal year ended June 29 are expected to be approximately $6.9 billion, reflecting a 0.1% decrease.

July 29, 2011
Vitamin Shoppe confirms plans to open 48 stores in fiscal year

Vitamin Shoppe said during its second-quarter earnings release that it is on track to open 48 stores in the fiscal year.

NORTH BERGEN, N.J. — Vitamin Shoppe said during its second-quarter earnings release that it is on track to open 48 stores in the fiscal year.

The chain opened its 500th store, located in St. Peters, Mo., in April.

On Thursday, Vitamin Shoppe reported that its net income rose 64% to $11.6 million in the quarter, compared with $7.3 million in the year-ago period. The retailer cited strong sales both in-store and online for its improved performance.

July 6, 2011
WAG's June sales beat analyst expectations

Walgreens’ stock was trading up 30 cents to $43.03 on the New York Stock Exchange mid-morning on Wednesday thanks to favorable same-store sales growth of 4.8% for the month of June versus an analyst consensus estimate of 2.8%.

DEERFIELD, Ill. — Walgreens’ stock was trading up 30 cents to $43.03 on the New York Stock Exchange mid-morning on Wednesday thanks to favorable same-store sales growth of 4.8% for the month of June versus an analyst consensus estimate of 2.8%.

June 30, 2011
Rite Aid sees sales rise across board for June

Same-store sales at Rite Aid increased by 1.8% in June, the retail pharmacy chain said Thursday.

CAMP HILL, Pa. — Same-store sales at Rite Aid increased by 1.8% in June, the retail pharmacy chain said Thursday.

During the four-week period ended June 25, front-end sales were up 1.5% over the same period last year, while pharmacy sales increased by 1.9%, including a reduction of about 163 basis points due to new introductions of generic drugs.

Total drug store sales for the month increased 1% to $1.93 billion, compared with $1.91 billion in June 2010.

June 23, 2011
Rite Aid trims losses as loyalty program, new formats drive same-store sales

Sales may have been flat overall, but a closer look revealed there was a lot to be positive about in Rite Aid’s fiscal first quarter 2012 earnings, as the company managed significant expense improvement and stronger same-store sales growth. Bottom line: Rite Aid narrowed its losses considerably, and that ain’t all expense control.

CAMP HILL, Pa. — Sales may have been flat overall, but a closer look revealed there was a lot to be positive about in Rite Aid’s fiscal first quarter 2012 earnings, as the company managed significant expense improvement and stronger same-store sales growth. Bottom line: Rite Aid narrowed its losses considerably, and that ain’t all expense control.

June 8, 2011
Ulta off to 'terrific start' with strong Q1

Beauty retailer Ulta had a "terrific start to the year," as it posted strong double-digit gains in both net sales and same-store sales during the first quarter.

BOLINGBROOK, Ill. — Beauty retailer Ulta had a "terrific start to the year," as it posted strong double-digit gains in both net sales and same-store sales during the first quarter.

For the quarter ended April 30, net sales rose 20.6% to $386 million. Same-store sales rose 11.1%, compared with an increase of 10.8% in the year-ago period.

Net income increased 70.5% to $23.3 million, or 37 cents per diluted share.

June 2, 2011
Warehouse clubs deliver big comps in May

Costco Wholesale and BJ’s Wholesale reported strong sales growth and produced impressive comps even without the benefit of fuel sales.

ISSAQUAH, Wash. and WESTBOROUGH, Mass. — Costco Wholesale and BJ’s Wholesale reported strong sales growth and produced impressive comps even without the benefit of fuel sales.

Costco reported that net sales for the month of May increased 17% to $7.14 billion from $6.09 billion last year. This year’s May results period included sales from the company's Mexico joint venture. If these sales are excluded, Costco’s net sales increase would have been 14%.

May 18, 2011
Target tops earnings view, but tempers profit outlook

First-quarter sales at Target increased 2.8% to $15.6 billion, and same-store sales increased 2%, the company reported.

MINNEAPOLIS — First-quarter sales at Target increased 2.8% to $15.6 billion, and same-store sales increased 2%, the company reported.

The modest sales growth translated into earnings per share that advance 9.8% to 99 cents, 4 cents better than analysts’ consensus estimate of 95 cents, and net income that increased 2.7% to $689 million. Share repurchase activity contributed to the earnings-per-share growth as Target spent $819 million during the first quarter to buy back 15.4 million shares at an average price of $53.32.

April 27, 2011
Rite Aid's same-store sales edge up 0.5%

Rite Aid’s same-store sales for April increased by 0.5%, compared with April 2010, the pharmacy retailer said Wednesday.

CAMP HILL, Pa. — Rite Aid’s same-store sales for April increased by 0.5%, compared with April 2010, the pharmacy retailer said Wednesday.

This included a 0.4% decrease in sales at the front end and a 1% increase in pharmacy sales, offset by 133 basis points due to new introductions of generic drugs. Prescription count at comparable stores increased by 0.7%.

April 15, 2011
Strong Q4 sales keep 99 Cents a hot commodity

Even with an extra week in this year's reporting period, 99 Cents Only Stores reported a total sales increase for it fiscal fourth quarter.

CITY OF COMMERCE, Calif. — Even with an extra week in this year's reporting period, 99 Cents Only Stores reported a total sales increase for it fiscal fourth quarter. The company reported total sales of $378.5 million for the 14-week fourth quarter of fiscal 2011 ended April 2, 2011, compared with $339.3 million for the 13-week fourth quarter in the prior fiscal year.

The company reported a same-store sales increase of 0.5% for the quarter. Excluding Texas operations, comps were up 0.7%.

April 7, 2011
Rite Aid finishes tough fiscal year, but Q4 shows improvements

Sales at Rite Aid fell during fiscal year 2011, according to financial results announced Thursday, but it appears the company may have gained some momentum, reversing negative same-store sales trends in the fourth quarter.

CAMP HILL, Pa. — Sales at Rite Aid fell during fiscal year 2011, according to financial results announced Thursday, but it appears the company may have gained some momentum, reversing negative same-store sales trends in the fourth quarter.

March 30, 2011
Family Dollar posts sales and profit improvement

Profit grew by nearly 10% to $123.2 million and sales advanced 8.3% to nearly $2.3 billion as Family Dollar remained on a consistent growth trajectory during its second quarter, ended Feb. 27.

MATTHEWS, N.C. — Profit grew by nearly 10% to $123.2 million and sales advanced 8.3% to nearly $2.3 billion as Family Dollar remained on a consistent growth trajectory during its second quarter, ended Feb. 27.

Earnings per share for the period increased 21% to 98 cents, compared with 81 cents in the prior-year's second quarter.

March 25, 2011
Dollar General keeps growing

Dollar General maintained its momentum in 2010 by achieving record sales, profits and expansion; and it’s looking like 2011 will bring more of the same.

GOODLETTSVILLE, Tenn. — Dollar General maintained its momentum in 2010 by achieving record sales, profits and expansion; and it’s looking like 2011 will bring more of the same. Last year, Dollar General opened 600 new stores and remodeled or relocated another 504 units to end its fiscal year on Jan. 28 with 9,372 stores. The additional square footage combined with a 4.9% same-store sales increase enabled the company to grow total sales by 10.5% to roughly $13 billion.

March 22, 2011
Dollar General remains top stock pick on Q4 sales growth

Though Dollar General's fourth-quarter sales growth came in at slightly below analysts' expectations, the company still is considered a good investment.

GOODLETTSVILLE, Tenn. — Though Dollar General's fourth-quarter sales growth came in at slightly below analysts' expectations, the company still is considered a good investment.

"Overall, longer term, the stock remains one of our top picks given the company's robust store growth opportunity and strong execution of its merchandising and operational initiatives," according to analysts at Bernstein Research.