comparable sales

Financials
Costco Comps Up But Earnings Down On Expenses

In the second quarter, Costco recorded company net income of $515 million, or $1.17 per diluted share, versus $546 million, or $1.24 per diluted share, in the year-earlier quarter.

Financials
Nordstrom Makes Q4 Gains

For the fourth quarter ended January 28, Nordstrom posted net earnings of $201 million, or $1.15 per diluted share, versus $180 million, or $1 per diluted share, in the year-earlier period.

Financials
Costco Comps Advance Through December

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%.

Financials
Macy’s Holiday Sales Decline

After detailing a plan to reorganize its operations, Macy’s announced less than happy holiday season results, with comparable sales on an owned-store plus licensed basis declining 2.1% in the 2016 November/December season year over year. Comps at owned locations slipped 2.7%.

Financials
Pier 1 Rebounds In Q3, Appoints Interim CEO

As the economy enjoyed a post-election bounce, Pier 1 Imports reported earnings and comparable sales gains, and the company announced who would serve as interim president and CEO when its serving chief executive departs on December 31.

Financials
Kirkland’s Reports Soft Q3 Results

With store traffic said to remain challenging, Kirkland’s reported a net loss for the third quarter and declining comps. The company also strengthened its executive team by appointing its first chief operating officer.

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