US: Retailers' December 2007 sales roundup
The following is a general roundup of apparel and shoe chains' December 2007 sales results. The list will be updated as new results become available.
Youth apparel company Hot Topic said that total company net sales stood at $123.1m during the month of December, down 6% from the same month last year. Same-store sales for the month fell 6.2% at the mall-based retailer.
Clothing retailer American Eagle Outfitters announced that total sales for the month were $546.1m, an increase of 5% compared to $522.4m for the corresponding period last year. Same-store sales decreased 2%, compared to a 16% increase for the same period last year.
Maternity apparel retailer Mothers Work reported that net sales for the month of December 2007 decreased 9.6% to $50.3m from $55.6m reported for the month of December 2006. Same-store sales for the month decreased 7.6% versus a same-store sales decrease of 0.3% for December 2006.
Men's wear operator JoS A Bank Clothiers revealed its total net sales for the fiscal month ended 5 January increased 9.3% to $111.6m versus $102.1m in the fiscal month ended 30 December 2006. Same-store sales gained 2.0% in fiscal December 2007, as compared with fiscal December 2006.
Retail chain Stage Stores reported that its total sales for the December period fell 3.8% to $260.3m from $270.5m in the prior year December. Same-store sales for the month were down 7.1% versus an increase of 2.2% last year.
Fashion chain Stein Mart said that total sales in December decreased 9.2% to $196.3m, while same-store sales fell 5.7%. Both compared to December last year.
Wilsons The Leather Experts, retailer of leather outerwear, accessories and apparel, reported a sales decrease of 13.0% to $65.9m for the five weeks ended 5 January as compared to $75.7m for the five weeks ended 30 December 2006. Same-store sales were down 7.1% during the same period.
The Wet Seal, a retailer to young women, reported net sales for the five-week period ended 5 January of $86.0m compared to net sales of $76.5m for the five-week period ended 30 December 2006. Same-store sales increased 0.6% for the month of December, compared to the same period last year.
Cache, a chain of women's apparel stores with 296 stores open, said same-store sales decreased 10% as compared to an increase of 4% in the prior-year period. Total net sales for the 5-week period decreased 5% to $37.1m as compared to December last year.
The Buckle said that net sales for the month increased 22.3% to $108.5m from net sales of $88.8m for the prior year fiscal month. Same-store net sales increased 18.7% from the same period last year.
Casual apparel chain Pacific Sunwear of California today reported that total company sales for the five weeks of fiscal December were $234.6m, a slight increase over total sales of $233.5m during the same period last year. Total company same-store sales decreased 2.8% during the same period.
Victoria's Secret operator Limited Brands has reported that same-store sales for December decreased 8% compared to same month last year. The company reported net sales of $1.744bn for the month, compared to $2.027bn last year.
Kids clothing firm The Children's Place Retail Stores said total sales were $314.6m in December, a 1% decrease compared to sales of $318.5m in December last year. Same-store sales increased 2% on top of last year's 6% comparable store sales increase.
Private brand retailer Chico's reported that its sales results for the five-week period ended 5 January decreased 5.6% to $181.6m from $192.5m reported for the same five-week period last year. Same-store sales decreased 13.7% for the five-week period.
Fashion retailer Abercrombie & Fitch reported net sales of $657.0m for the month, a 9% increase over net sales of $603.6m in December last year. December same-store sales decreased 2% for the five-week period though.
International retail chain Gap reported net sales of $2.20bn for the five-week period ended 5 January, which represents a 6% decrease compared with net sales of $2.34bn for same Christmas period last year. Its same-store sales for December 2007 fell 6% compared with an 8% decrease in December 2006.
Mall-based casualwear operator Aéropostale said that total net sales for the five-week period ended 5 January increased 17.5% to a record $313.5m, from $266.7m for the five-week period last year. Same-store sales for the month were up 12.2%.
Ross Stores reported sales of $755m for the five weeks ended 5 January, a 12% increase over the $677m in sales for the five weeks ended 6 January 2007. Same-store sales for the five weeks ended 5 January 2008 rose 3% during the same period.
Fashion retailer Nordstrom reported preliminary sales of $1.22bn for the five-week period ending 5 January, a drop of 3.8% compared to sales of $1.27bn for the five-week period ending 30 December 2006. Same-store sales decreased 4.0%.
Women's retailer AnnTaylor Stores announced that for the five-week period ended 5 January, net sales decreased 3.8% to $263.7m, compared with net sales of $274.2m for the five-week period ended 30 December 2006.Same-store sales for the December 2007 period decreased 9.4%, the company reported.
Wal-Mart Stores reported a 2.4% increase in same-store sales for December. The world's biggest retailer said net sales in the five weeks ended 4 January were $46.6bn, up from $42.99bn a year ago.
December sales at Macy's stores fell to $4.62bn versus $5bn in December 2006, as same-store sales dropped 8%.
Upscale retailer Saks Inc reported a surprise 0.8% increase in December sales at stores open at least a year on strength in fine jewellery, shoes and outerwear. The operator of Saks Fifth Avenue and Off 5th stores said the weakest performers were women's clothing, including modern collections, sportswear and large sizes.
Companies: Hot Topic Inc, American Eagle Outfitters, Destination Maternity, Jos A Bank Clothiers Inc, Stage Stores Inc, Stein Mart, Wet Seal Inc, Buckle Inc, Pacific Sunwear of California Inc, Victoria’s Secret, Limited Brands, Children’s Place Retail Stores Inc, Chico’s FAS, Aeropostale Inc, Ross Stores Inc, Nordstrom Inc, AnnTaylor Stores, Wal-Mart Stores Inc, Saks Incorporated, Macy’s Inc
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