US: Retailers' April 2008 sales roundup
The following is a general roundup of apparel and shoe chains' April 2008 sales results. The list will be updated as new results become available.
Action sportswear retailer Zumiez said net sales for the month increased 20.0% to $24.2m, compared to last year's month. Its same-store sales increased 4.1% for the four-week April period.
Mall-based retailer Hot Topic said its April sales were up 1.4% on last year's month, to $44.8m. Same-store sales, meanwhile, were down 2.5%.
Supermarket operator Wal-Mart Stores reported that April net stores rose 9.8% to $29.2m, while its same-store sales rose 3.2%.
Vertical apparel firm American Apparel reported that sales increased 27% over the year ago period, while same-store sales increased 17% in April.
Maternity apparel retailer Mothers Work announced that net sales for the month of April 2008 decreased 0.3% to $52.2m, while same-store sales increased 2.3%.
The Cato Corporation reported sales of $69.4m for the four week period, an 8% increase over last year's period. Same-store sales for the month increased 5%.
Off-price retailer Stein Mart said its April 2008 sales rose 7.3% to $117.4, while same-store sales also increased, by 3.2%.
Casual clothing retailer American Eagle Outfitters said its April sales increased 15% to $197.7m, compared to the four weeks in 2007. Its same-store sales increased 2% for the month, compared to a 10% decrease for the same period last year.
Global retailer Gap reported net sales of $1.10bn for the four-week April period, which was an increase of 1% as compared with the same period last year. The company's same-store sales for April 2008 decreased 6% compared with a 16% decrease for April 2007.
Abercrombie & Fitch reported net sales of $241.0m for the month, an 18% increase over net sales in April last year. It same-store sales increased 6%.
Casual fashion store chain Aéropostale said its total net sales increased 39% to $104.9m for the month. The company's April same-store sales increased 25%, compared to a same-store sales decrease of 14% in the year ago period.
Department store chain JC Penney Company saw its same-store sales decrease 1.7% during the month, while total sales rose 0.9% to $1.33bn in the four weeks ended 3 May.
Retailer Saks Incorporated said its sales increased 24.3% to $349.7m for the four weeks ended 3 May, while same-store sales increased 23.9% for the April period.
Target Corporation said its net retail sales for April increased 9.0% to $4.25bn, while April same-store sales increased 3.1%.
Off-price retailer Ross Stores said sales for the four weeks ended 3 May increased 15% to $480m, while same-store sales for the month increased 8%.
Lingerie company Limited Brands said its same-store sales for April decreased 5% compared to last year's month. The company reported net sales of $577.5m for the four weeks, again compared to April 2007.
Apparel and accessories seller The Bon-Ton Stores announced same-store sales for April down 0.9% compared to the prior year period. Total sales for the four weeks decreased 1.3% to $209.2m, the company said.
Department store retailer Dillard's said its same-store sales fell 4% in April, with total sales for period dropping 3%.
The Kohl's Corporation chain said sales for the four-week period increased 12.0% over the same period. On a same-store basis, sales increased 3.5%.
Retail group The TJX Companies reported that sales for the four-week period ended 3 May were $1.4bn, up 12% over the prior year period. Its same-store sales for the four-week period increased 8% over last year.
Luxury retailer Nordstrom reported same-store sales down 3.8% in April, while net sales for the month fell 0.6% to $600m.
The Children's Place Retail Stores announced sales of $128.7m for the month, a 24% increase compared to sales of $104.2m for the four-week period in 2007. Same-store sales increased 15% compared to last year's 1% decrease.
Companies: Zumiez Inc, Hot Topic Inc, Wal-Mart Stores Inc, Destination Maternity, Cato Corporation, Stein Mart, American Eagle Outfitters, Aeropostale Inc, JC Penney Company Inc, Saks Incorporated, Target Corporation, Ross Stores Inc, Limited Brands, Bon-Ton Stores Inc, Dillard’s Inc, Kohl’s Corporation, TJX Companies Inc, Nordstrom Inc, Children’s Place Retail Stores Inc
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