The Buckle, Inc (
BKE) comparable sales in the months increased 14.7% from a year ago.
Net sales in the month increased 21.5% to $77.3 million from net sales of $63.6 million for the same period of year ago.
Year-to-date comparable store net sales for the period ended April 4, 2009 increased 17.4% from the period a year ago. Net sales for the two months period ended April 4, 2009 increased 24.1% to $140.6 million from net sales of $113.3 million for the prior year.
The Cato Corporation (
CTR) sales in the five-week period ending in April 4 fell 6% to $84.0 million compared to $89.2 million for the five week period ended April 5, 2008. Comparable store sales for the month fell 6%.
Sales for the nine weeks ended April 4 2009 rose 1% to $158.7 million from $156.4 million for the period of year ago. Year-to-date comparable store sales were flat compared to the prior year.
The company reiterated first quarter earnings per diluted share in the range of $0.49 to $0.54.
The Children’s Place Retail Stores, Inc (
PLCE) net sales in five-week period ending on April 4 decreased 2% to $156.5 million from $160.1 million a year ago. Comparable store sales for March decreased 2% compared to 4% decline in the year ago period.
The Gap, Inc (
GPS) net sales declined 6% to $1.29 billion for the five-week period ended on April 4 compared with net sales of $1.37 billion for the same period a year ago. The company’s comparable store sales for March decreased 8% compared to fall of 18% in the prior year month.
Comparable store sales at Gap North America locations declined 14%, at Banana Republic North America fell 16%, at Old Navy North America were flat and at international locations fell 5%.
Year-to-date for the period ended April 4, 2009 net sales fell 9% to $2.08 billion compared with net sales of $2.28 billion in the year ago month.
Hot Topic, Inc (
HOTT) reported comparable sales increased 10.6% for five weeks period ended April 4, 2009. Net sales increased 12.8% to $55.3 million compared to same period of year ago.
Destination Maternity Corp, formerly Mothers Work, Inc. (
DEST) net sales in March decreased 11.1% to $48.6 million from $54.6 million a year ago. Comparable store sales decreased 7.6% in the period compared to prior year month.
The company expects second quarter earnings per share to be better than the loss of $0.22 per share compared to prior guidance range of between a loss of $0.22 and $0.35 per share.
Limited Brands, Inc. (
LTD) reported comparable store sales fell 9% to $646.2 million for the five weeks ended April 4, 2009.
The company reported for the nine-week ended April 04, 2009 comparable store sales decreased 8% to $1.19 billion compared to net sales of $1.35 billion last year.
Stein Mart, Inc (
SMRT) comparable store sales in March declined 1.4%. Total sales fell 2.4% to $135.3 million from $138.6 million in the same month of last year.
Discount Apparel Sales Rise Slows
The TJX Companies, Inc (
TJX) March sales essentially were flat to $1.7 billion.
For the nine-week period ended April 4, 2009 sales decreased 1% to $2.93 billion from a year ago. Comparable store sales for five-week period ended April 4, 2009 rose 2% compared to 1% for the same period a year ago.
The company now anticipates first quarter earnings per share will be at or slightly above the high end of previously forecasted range of $0.32 to $0.38 per share.