comparable store sales
Michaels’ Sales Jump 11% on E-Commerce Push
The crafts retailer has enhanced and expanded omnichannel capabilities including curbside pick-up, same-day delivery, ship from store, and in-app purchases.
Chipotle Same-Store Sales Gain Boosts Stock
The 3.3% increase in Q2 beat analysts' estimates as an increase in average check helped offset 1.8% fewer comparable restaurant transactions.
Target’s Earnings Miss on Heavy Spending
The retailer "may hit the top line, like you saw this quarter, but will we see that flow through to the bottom line?" one analyst says.
Sears Takes More Steps to Shore up Finances
If the refinancing effort is not successful, the company "will consider all other options" to maximize asset value.
Hudson’s Bay Shares Plunge as Q3 Loss Widens
“We know we can do better," CFO Ed Record says as the retailer posts a net loss of $192 million and same-store sales decline 3.2%.
Sales Rebound Drives JC Penney Stock up 14%
Penney's surprising 1.7% gain in same-store sales indicates its "strategy of purging excess inventory and closing underperforming stores" is paying off.
Macy’s Comp Sales Drop 3.6%, Earnings Beat
The same-store sales drop was worse than analysts expected but tight inventory control drove an improvement in profitability.
Storms Dent Wendy’s Same-Store Sales in Q3
The fast-food chain's stock falls 3% amid concerns it is losing ground to its rivals in the burger wars.
Chipotle Sales Rise 8.8% But Stock Dips 9.5%
The Q3 revenue gain "is not bad per se, but ... it is clear that Chipotle has still not made up all of the ground it lost" after a food-safety scandal.
Carmax Rides Gulf Storms, Stock Rises 7.6%
Investors had been nervous about Hurricane Harvey but Carmax's Q2 results showed a negligible impact from the storm.
Best Buy Comp Sales up 5.4% But Stock Dives
Investors apparently reacted to the cautionary comments of CEO Hubert Joly even though revenue and earnings beat analysts' estimates.