Sentences with phrase «in same store sales»

Stores owned by St. Louis - based May Department Stores posted a collective decline of 1.1 % in same store sales.
Shares of the company rose 8 percent, after it reported a much smaller - than - expected drop in same store sales, which fell 3.2 percent in its third quarter ending December 30.
Among franchisors, 77.9 percent expect some increase in same store sales in 2013, compared to 77 percent in 2012.
Chipotle Mexican Grill shares soared more than 17 % after the company beat on earnings, showed an improvement in same store sales, and announced it was allocating more money to buy back stock.

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.
The retailer's shares tanked 19 % to $ 28.37 — their lowest level since 2010 — after it reported that same - store sales, or revenue of stores open at least 14 months, rose a mere 0.1 % in the second quarter, well below its own forecasts for a rise of 2 % to 3 %, and short of Wall Street projections for a 1.4 % gain.
Previously, same - store sales growth represented the estimated percentage change in sales of all restaurants in the Company system that have been open for one year or more, and the base stores changed on a rolling basis from month to month.
The Globe and Mail reported that the company's second quarter results, released last week, showed a 0.6 % drop in store traffic, and a 0.4 % drop in same - store sales.
The upscale market's stock lost almost half its value since peaking in 2013 and same - store sales have fallen over the last 18 months, according to The Wall Street Journal.
Same - store sales were up 8 percent globally, including 9 percent in the Americas and 9 percent in China and Asia Pacific.
This is on top of a terrible 2014, in which same store sales dropped 8.3 %, revenue fell nearly 14 %, and 2,000 jobs were cut.
In business less than a year, Kit and Ace managers can't go back and compare same - store sales or track repeat business.
«I think on the department store side, Nordstorm and Kohl's are interesting... You've seen improvements at Kohl's, you've seen improvements in the same - store sales, you've seen brands go in their portfolio and now they're taking a look at their store base to optimize and remodel some of their existing stores
Our same - store sales growth is generally attributable to several key factors, including: new product introductions; improvements in restaurant speed of service and other operational efficiencies; hospitality initiatives; frequency of guest visits; expansion into, and enhancement of, broader menu offerings; promotional activities and pricing.
On a full - year basis, 2013 same - store sales growth of 1.1 % in the Canadian segment was below our original target range of 2 % to 4 %; we believe this was due to ongoing challenging economic conditions and increased competitive intensity in our industry.
If Pizza Hut was struggling, so was NPC: in August, the franchisee reported that same - store sales at its Pizza Hut units fell almost 6 percent in the second quarter compared to a nearly 4 percent drop a year ago.
In January, Starbucks reported disappointing first - quarter same - store sales growth of 2 percent compared to the 3 percent Wall Street consensus.
Meanwhile, it's clear that other chains are winning: In the third quarter of 2014, while McDonald's same - store sales were falling about 3 %, those at Chipotle Mexican Grill, the big cheese of the burrito world, were soaring 20 %.
The chain is expected to report its fourth consecutive year of same - store sales growth in early February.
In an interview with CNBC, CEO Jeff Gennette said same - store sales were up 3 percent in JanuarIn an interview with CNBC, CEO Jeff Gennette said same - store sales were up 3 percent in Januarin January.
Same - store sales — a key benchmark — rose 7 percent in the country last quarter.
The company, in November, raised its 2017 earnings and same - store sales forecasts, likely reflecting higher sales in the key holiday quarter.
McDonald's U.S. same - store sales slump is disturbing for the chain in large part because there is no one problem the brand can focus on.
While it has averaged 6.1 % same - store sales growth in its Canadian operations in the past 10 years, it only saw 4.9 % in 2010 and 2.9 % in 2009.
Incidentally, Australia was the only bright spot in McDonald's Asia / Pacific, Middle East and Africa (APMEA) same - store sales, which dropped 4 percent despite Australia's positive performance.
McDonald's hopes that the cuts will speed up service and bolster sales, which, after over a year without positive same - stores sales in the U.S., could use the boost.
However, growth in China was robust, with same - store sales rising 6 percent on the back of a 6 percent increase in transactions.
«Although the quick service restaurant category remains very competitive / promotional, the data reflects continued underlying brand improvement at McDonald's in addition to what we believe will be tangible 2018 same - store sales drivers,» analyst Andy Barish wrote on Friday.
Same - store sales in Europe, the Middle East and Africa also fell short of expectations, down 1 percent in the quarter.
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.
Only 30 % of restaurant operators reported same - store sales increases in the last year, and just one in three expect sales to grow in the next six months.
While same - store sales in all of Starbucks» regions were weaker than expected, growth in China was robust.
Same - store sales came up short in all of the company's regions, Starbucks said late Thursday.
This is the fifth quarter in a row that global same - store sales have been positive, but the company has missed analyst expectations in this metric by 70 basis points or more.
Retail sales were in good shape in the second quarter, with same - store sales rising for Canadian Tire, Mark's, FGL Sports and Sport Chek.
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.
Same - store sales grew 8.1 % in that time, the company told Business Insider.
Even though McDonald's same - stores sales declined in October, the fast - food chain was able to beat analysts» expectations.
Burger King's same - store sales in the U.S. and Canada surged by a better - than - expected 3.6 percent during the third quarter, marking the best quarter of growth since 2012, while global same - store sales rose 2.4 percent.
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 storeIn 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 storein comparable or «same - store» sales, a metric that strips out results from recently opened or closed stores.
While Tim Hortons has averaged 6.1 % same - store sales growth in its Canadian operations in the past 10 years, it only saw 4.9 % in 2010 and 2.9 % in 2009.
Same - store sales were down 0.5 % in the United States in the first quarter of 2013, compared with 0.3 % in Canada.
The company reported revenue grew nearly 15 % in the second quarter, and same - store sales increased by 7.9 %.
Same - store sales in China were down 14 % as customers there continue to avoid Yum's chains after meat supplier scandal over the summer.
The company also reported that same - store sales in China fell 1 percent during its third quarter.
With former chief executive Myron Ullman III now back at the helm, same - store sales in the fourth quarter inched up 2 % from the same period a year prior, though a healthy turnaround remains a long way off.
The company also reported a 2 percent decrease in same - store sales.
Revenue dropped $ 1 billion, while same - store sales fell 5 % in the U.S. as Wal - Mart and Amazon stole market share.
Franchise drive - ins saw a decrease of 1.8 percent, while company drive - ins saw a decrease of 3 percent in same - store sales.
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