Sentences with phrase «declining same store sales»

Here was a company experiencing declining same store sales, while servicing high levels of debt.

Increased capital expenditures to open new stores plus declining same store sales slowed recent dividend growth.

Not exact matches

May 1 - High - end handbag maker Tapestry Inc reported lower third - quarter margins and a steeper - than - expected decline in same - store sales at its newly - absorbed Kate Spade business, sending its shares down as much as 14 percent.

Pizza Hut, which is owned along with KFC and Taco Bell by Yum Brands, has suffered eight straight quarters of same - store sales declines.

Most concerning is the 4.1 % decline in same - store sales in the U.S. Higher prices and more intense competition are hurting the chain, not to mention that sense of shame and self - loathing many consumers experience at McDonald's.

Most notably, its same - store sales have been dwindling by 1 % to 2 % for several quarters, though the rate of decline has slowed and the fast - food market is improving.

Cabela's has struggled with declining sales of apparel and footwear and has reported same - store sales growth in only one quarter in more than three years.

Priszm lost $ 30.7 million in the past two years, and is in the hole $ 1.5 million so far this year as same - store sales declined every quarter.

Even though McDonald's same - stores sales declined in October, the fast - food chain was able to beat analysts» expectations.

In November, the company, which also owns the 38 - store Bloomingdale's chain, posted its 11th consecutive quarter of declines in comparable or «same - store» sales, a metric that strips out results from recently opened or closed stores.

Sally Smith, president and CEO at Buffalo Wild Wings, acknowledged her restaurant chain was «dissatisfied to report a same - store sales decline and we're undertaking several sales - driving initiatives to regain momentum.»

Total sales and same - store sales both posted double - digit declines, in line with the company's warning last week.

The massive loss is the latest in 10 years of declining same - store sales.

Michael Kors reported a 5.8 % decline in same - store sales for its fourth quarter on Wednesday, including a 6.7 % drop in North America.

After many quarters of same - store sales decline in 2016 through 2017, another pivot was needed — and Amazon swooped in for an acquisition.

The company's same - store sales declined 7 % last quarter and it reported another net loss.

Yum's U.S. same - store sales declined 3 % in the most recent quarter, which includes declines of 2 % at Taco Bell, 3 % at Pizza Hut, and 3 % at KFC, though the company's international business has fared much better.

While topping analysts» estimates for profit, the company reported a same - store sales decline of 6 percent for the last quarter, which included the crucial Holiday season, signalling that a comeback under new chief executive Patrice Louvet may be tougher than expected.

After 29 consecutive quarters of positive gains, the brand's same - store sales declined 0.5 percent in Q2, year - over-year.

Same - store restaurant sales at Dunkin Donuts and Baskin Robbins international stores both declined, and fell short of forecasts looking for modest sales increases.

Revenue rose to $ 2.66 billion from $ 2.48 billion, but was below the FactSet consensus of $ 2.74 billion, as the same - store sales decline of 2.0 % compared with expectations of a 0.9 % decline.

Same - store sales were down -2.8 percent, a sharp 1.8 percentage point decline from June.

Chukumba, who expects the company to provide a «high - level» guidance for the full year, expects a 0.4 percent increase in the fourth quarter same - store sales and a 100 - bps gross margin decline.

Same - store sales fell 2.6 per cent, an improvement on the 6.5 per cent decline in the December quarter.

However, same - store sales declined by 0.7 percent, worse than the 0.1 percent decline seen in the same...

Rite Aid said Thursday that same - store sales fell 1.7 % in its fourth quarter, the sixth straight period of declines for the key metric.

Tilson points out that same store sales growth is decelerating and the company's gross margin has also declined significantly.

Same - store sales at Abercrombie stories open at least a year fell 7 percent in the quarter, versus the expected 6.5 percent decline, according to Consensus Metrix.

Same - store sales for the quarter were down 5.6 % — the department store's fifth consecutive quarterly decline.

They think there is still room to cut down on costs to minimize losses from same store sales declines.

In its most recent quarter, Macy's listed a same - store sales drop of 4.6 % and a 39 % decline in net income.

Macy's posted its 10th straight quarterly sales decline on Thursday, recording a 2.8 % drop in same - store sales.

The company also suffered from a broader drop in shopping - mall traffic, contributing to 11 quarters of same - store sales declines and a 77 percent plunge in profit last year.

For fiscal 2017, Famous Dave's recorded franchised same - store sales declines of 2.3 percent.

By year's end Wal - Mart suffers its first quarterly profit drop in a decade, sees same - store sales decline in November's run - up to the crucial holiday shopping season, and suffers a series of public relations gaffes so stunning that it lands six spots in this year's edition of the 101 Dumbest Moments.

Barnes and Noble has experienced a 6.6 % first quarter sales decline over the same period in fiscal 2017 and the bookseller wants to open up more retail stores in 2018.

Barnes & Noble expects fiscal 2018 same - store sales to decline in the mid-single digits.

Wal - Mart Stores Inc. has struggled to match the ease and reliability of Amazon's shipping network, and posted nine straight quarters of declining same - store sales.

Same - store sales fell 1.7 %, as declines at its full - price stores largely offset gains at its discount outlets.

The result has been seemingly endless reports of same - store sales declines, store closings and layoffs.

Like other department store operators, including those in the luxury segment, Neiman Marcus has been struggling against a tide of declining same - store sales and consumers» evolving shopping habits.

Old Navy's third quarter same store sales were up an impressive 24 % versus an 18 % decline last year, showing significant improvement on a two - year basis for September.

Attempting to clean up its image and stabilize growth after more than a year of same - store sales declines, Abercrombie & Fitch plans to raise prices and open a new type of store targeting sophisticated females.

It has posted 15 quarters of same - store sales declines.

Same - store sales in the region declined 7 percent during the fourth quarter, the Framingham, Massachusetts - based company said on Thursday.

For example, February 2001 brought a string of announcements about declining same - store sales.

Cincinnati - based Federated Department Stores, Inc. reported a 1.6 % decline in same - store sales.

Stores owned by St. Louis - based May Department Stores posted a collective decline of 1.1 % in same - store sales.

Stores owned by St. Louis - based May Department Stores posted a collective decline of 1.1 % in same store sales.

With more developers competing to create new space, same - store sales declines become inevitable.