In a preliminary estimate, Rent-A-Center announced that core comparable store sales in the United States for the three months ended December 31 tumbled by 14%.
Target Corp. announced that comparable sales during the combined November/December holiday period decreased 1.3%.
Supervalu posted a net loss in its third quarter, following the recent sale of its Save-A-Lot business.
For the nine week holiday period ending December 31, Hudson’s Bay Co. announced that consolidated comparable sales, on a constant currency basis, decreased 0.7%.
For the nine-week holiday selling season ended December 31, Stein Mart comparable store sales decreased 4.8% versus the period a year earlier.
Costco Wholesale Corp. posted a December comparable sales gain of 3%, excluding the effects of fuel and foreign exchange rate volatility, with comps in the United States up 3%, those for Canada up 4% and those for other international markets up 4%.
For the November/December holiday season, J.C. Penney Co. announced a comparable sales decline of 0.8%.
Third quarter net sales at Helen of Troy were flat as growth in its housewares segment offset declines in the company’s other key product categories.
Walgreens gained slightly in the first quarter as the company awaits the approval of its acquisition of Rite Aid.