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US apparel retailers' December 2016 sales roundup

December proved to be a dismal month for the handful of US apparel retailers still reporting comparable sales figures, with soft in-store tr...

US apparel retailers' November 2016 sales roundup

Comparable store sales proved to be somewhat disappointing for the handful of US apparel retailers still reporting their figures in November...


Beth Wright | 8 Nov 2016

Monthly same store sales growth for the handful of US apparel retailers still reporting their figures has been anaemic since February 2015, but mostly exceeded analyst expectations in October thanks to an uptick in consumer confidence and improving unemployment rates.


Michelle Russell | 7 Oct 2016

Upside surprises were provided in September by two of the US apparel retailers who still report their monthly sales thanks to an uptick in consumer confidence and improving unemployment rates. The remaining three failed to capitalise, however, with The Buckle faring the worst. 


Michelle Russell | 5 Aug 2016

July proved to be another challenging month for the few US apparel retailers who still report their monthly sales, with the majority reporting comparable declines. Unseasonable weather, clearance and promotional activity, and even the impact of Pokemon Go are all blamed. 


Michelle Russell | 8 Jul 2016

June proved to be a more positive month for the few US apparel retailers who still report their monthly sales, thanks to better weather conditions and the Memorial Day holiday shift.

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In the most recent first-quarter filings from US apparel and footwear brands and retailers, Walmart delivered an encouraging start to the year thanks to higher sales, while Ross Stores booked growth despite market volatility. Kate Spade, meanwhile, saw earnings slump on the back of sales declines, while Hudson's Bay recorded comparable store declines on the back of lower domestic store traffic across all banners. 


In the most recent fourth-quarter filings from US apparel and footwear brands and retailers, Destination XL moved to a profit but booked lower sales, while Caleres moved to a loss in the quarter. VF Corporation, meanwhile, revealed a fall in both sales and earnings for the quarter, while Stein Mart moved to a loss as a result of "aggressive" promotions. 


Beth Wright | 4 May 2017

April proved to the latest in a line of difficult months for the handful of US apparel retailers still reporting their monthly comparable sales figures, with all but one recording a decline.


Beth Wright | 7 Apr 2017

March proved to be another difficult month for the handful of US apparel retailers still reporting comparable sales figures, with three hurt by a later Easter and lower foot traffic.


Beth Wright | 7 Feb 2017

January proved to be a better month for the handful of US apparel retailers still reporting comparable sales figures but it wasn't all good news, with one big upside offsetting two huge declines - one of which represents the largest monthly comp store sales decline in 19 years.


In the most recent third-quarter filings from US apparel and footwear brands and retailers, Sears Holdings remained optimistic despite widening its net losses, while Vince Holding blamed challenging conditions and warm weather for a fall in both earnings and sales. Abercrombie & Fitch, meanwhile, revealed a "disastrous" quarter as sales fell and earnings plummeted 80%, while American Eagle Outfitters booked record sales and its 9th consecutive quarter of profit improvement.


In the most recent second-quarter filings from US apparel and footwear brands and retailers, Tailored Brands showed improvement on Q1 but saw earnings slide, while DSW booked mixed results. Abercrombie & Fitch widened its net losses but remained optimistic, while Destination Maternity revealed improved losses. Express, meanwhile, delivered what it described as a "disappointing" second-quarter, below management expectations, and Macy's saw a "distinct" improvement in its sales and earnings trends for the quarter. 


Michelle Russell | 2 Sep 2016

More favourable hot and dry weather and an uptick in consumer confidence resulted in a bounce-back in US same-store sales for August. For the few apparel retailers who still report their monthly sales, however, an increase in technology and travel spend weighed on monthly results. 


Michelle Russell | 15 Apr 2016

In the most recent fourth-quarter filings from US apparel brands and retailers, Destination Maternity and Perry Ellis saw their losses narrow, while New York & Co moved to a net profit. However, Iconix Brand Group cut its outlook after swinging to a loss, Finish Line saw its net profit plummet 90%, and Cherokee Global Brands posted a mixed performance. 


In the most recent third-quarter filings from US apparel brands and retailers Gymboree, Aeropostale, Sears and New York & Co narrowed their losses, while Oxford Industries, Destination Maternity and J Crew saw theirs widen. Both The Finish Line and Men's Wearhouse swung to a loss. On a positive note, The Children's Place, Express, American Eagle Outfitters, G-III Apparel Group and Abercrombie & Fitch booked higher earnings. 


Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black. 


First-quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. The Finish Line said it got off to a "solid start" with double-digit profit growth, and Cherokee was pleased with a "strong" quarter, despite some headwinds. Elsewhere, Urban Outfitters revealed a mixed quarter, while Men's Wearhouse booked record sales but a decline in earnings.


Katie Smith | 20 Mar 2015

Value fashion retailer Cato Corp has warned that 2015 may continue to be challenging, despite more than doubling its net profit during the fourth quarter, and favourable weather boosting sales.


Katie Smith | 20 Mar 2015

Value fashion retailer Cato Corp has warned that 2015 may continue to be challenging, despite more than doubling its net profit during the fourth quarter, and favourable weather boosting sales.


Michelle Russell | 21 Nov 2014

US retailer Cato Corporation has revealed third-quarter earnings and sales that exceeded the firm's guidance.


Michelle Russell | 21 Nov 2014

US retailer Cato Corporation has revealed third-quarter earnings and sales that exceeded the firm's guidance.


Michelle Russell | 21 Nov 2014

US retailer Cato Corporation has revealed third-quarter earnings and sales that exceeded the firm's guidance.


Michelle Russell | 21 Aug 2014

Cato Corporation has recorded an increase in second-quarter earnings and reaffirmed its EPS guidance for the full year.


Michelle Russell | 21 Aug 2014

Cato Corporation has recorded an increase in second-quarter earnings and reaffirmed its EPS guidance for the full year.


Michelle Russell | 21 Aug 2014

Cato Corporation has recorded an increase in second-quarter earnings and reaffirmed its EPS guidance for the full year.


Michelle Russell | 20 May 2014

Cato Corporation has booked a mixed set of first-quarter results with earnings down but sales ahead of the company's expectations.


Michelle Russell | 20 May 2014

Cato Corporation has booked a mixed set of first-quarter results with earnings down but sales ahead of the company's expectations.


Michelle Russell | 20 May 2014

Cato Corporation has booked a mixed set of first-quarter results with earnings down but sales ahead of the company's expectations.


Michelle Russell | 20 Mar 2014

A highly promotional holiday sales season and poor weather conditions weighed on Cato Corporation's earnings in the fourth quarter.

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