January Same-Store Sales Gain On Bargains
Most retailers posted strong same-store sales gains in January, the final month of the fiscal year on the retail calendar, as shoppers were lured by post-holiday bargains in what is typically the lightest volume month of the year. Total net sales for the 20 chains we track (adjusting for a 5-week fiscal month this year vs 4 weeks last year) increased 5.7% from a year ago to $32.8 billion in January, while same-store sales rose 4.7% compared to a 2.9% gain last year – this was the 41st straight monthly rise, and the strongest comp gain since September 2011.<div [More...]
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here