Fitness financials: Costco November same-store sales fall 5 percent, plus Wal-Mart

Costco's November same-store sales fell 5 percent, and Wal-Mart's same-store sales rose in November.
Author:
Updated:
Original:

Costco November same-store sales fall 5 percent

Costco (Nasdaq: COST) said its same-store sales dropped 5 percent in November, dragged down by declining gas prices and foreign exchange rates. Excluding gasoline deflation and foreign exchange, the company reported a same-store sales increase of 3 percent.

Total monthly sales dipped 3 percent to $5.55 billion, while total sales for the 13 weeks ended Nov. 30 climbed 3 percent to $17.52 billion.

Total same-store sales for the 13-week period grew 1 percent. Adjusted for gasoline and foreign exchange, total sales climbed 4 percent.

Wal-Mart same-store sales rise in November

Wal-Mart Stores (NYSE: WMT) said November same-store sales rose 3.4 percent, as consumers shopped more ahead of the holidays as gas prices dropped.

Same-store sales rose 3.4 percent at Wal-Mart stores and 3.5 percent at its Sam's Club warehouse division. Including fuel, same-store sales rose 3 percent.

Total sales rose 2 percent to $32.21 billion, hurt by an 11 percent decline in international sales due to the stronger dollar.

The company expects December same-store sales to rise at the high end of a 1 percent to 3 percent range.

--Compiled by Wendy Geister

For more information about any public company on this page or its financial reports, as well as to view stock prices updated every 15 minutes, visit the SNEWS® Stock Market Updates. Click on: www.snewsnet.com/cgi-bin/snews/stock_report.html.

Related

Fitness financials: Big 5's Q4 same-store sales down 8.6 percent, plus Sears, Costco, Wal-Mart, Finish Line

Big 5's Q4 same-store sales down 8.6 percent Big 5 Sporting Goods (Nasdaq: BGFV) said same-store sales fell 8.6 percent in the fourth quarter as fewer customers visited its stores. Despite that, it offered new guidance toward the higher end of its previous estimates for the ...read more

Fitness financials: Costco June same-sales rise 9 percent, plus Wal-Mart

Costco June same-sales rise 9 percent Costco Wholesale (Nasdaq: COST) said same-store sales rose 9 percent in June including gasoline. Excluding the impact of gasoline price inflation, Costco said its same-store sales would have risen 5 percent in the United States, instead of 9 ...read more

Fitness financials: Finish Line Q4 sales down 6 percent, plus Iconix, Wal-Mart, Costco

Finish Line Q4 sales down 6 percent Finish Line (Nasdaq: FINL) said its fourth-quarter same-store sales fell 6 percent, versus a 5.4 percent decline in the year-ago period. The company's Finish Line stores reported a 5.4 percent decline in the quarter ended March 1, while Man ...read more

Fitness financials: Big 5 cuts Q2 forecast due to weaker same-store sales, plus Everlast, Hibbett Sports, Sears, Costco, Wal-Mart

Big 5 cuts Q2 forecast due to weaker same-store salesBig 5 Sporting Goods (Nasdaq: BGFV) lowered its second-quarter earnings forecast after sales came in at the lower end of the retailer's target range, and it saw same-store sales fall by 0.2 percent, the first quarterly decline ...read more

Fitness financials: Gaiam Q3 posts wider net loss, plus adidas, Costco, Wal-Mart

Gaiam Q3 posts wider net loss, sales drop Gaiam's (Nasdaq: GAIA) third-quarter revenue dipped 14.3 percent and its net loss widened. Also, it was among the biggest percentage losers in Nov. 7 trading. For the quarter ended Sept. 30, revenue was $60.3 million, down from $70.3 ...read more

Fitness financials: Gaiam posts 11.5-percent increase in Q1 revenue, plus Costco, Wal-Mart

Gaiam posts 11.5-percent increase in Q1 revenue Gaiam (Nasdaq: GAIA) reported an 11.5-percent increase in first-quarter revenue as both its direct-to-consumer and business segments posted positive results. For the quarter ended March 31, revenue was $65.2 million, up from $58.5 ...read more

Fitness financials: Iconix lowers 2008 guidance, plus Costco, Wal-Mart

Iconix lowers 2008 guidance Iconix Brand Group (Nasdaq: ICON), parent of Danskin Fitness, reduced its revenue and earnings guidance for 2008, noting the difficult economy. The company now expects earnings per share in a range of $1.15 to $1.20 and revenue between $215 million ...read more

Fitness financials: Stride Rite to purchase Saucony, plus Big 5, Everlast, Finish Line, Costco, Wal-Mart

Stride Rite to purchase SauconyHind's parent Saucony (NasdaqNM: SCNYA and SCNYB) has been picked up by Stride Rite Corp. for $170 million -- about $23 a share. Taking into account cash reserves at Saucony, Stride Rite said the deal would cost it about $140 million. Stride Rite is ...read more

Fitness financials: Dick's comp store sales up 1.1 percent, plus Nautilus, TSI, Saucony/Hind, Gaiam, Foot Locker, Finish Line, Amer Group, Costco, Wal-Mart, Sears

Dick's reports 4Q, FY04 earningsDick's Sporting Goods (NYSE: DKS) saw its fourth quarter net income shoot up to $43.4 million, or $0.81 per share, from $26 million, or $0.50 per share, in the 2003 fourth quarter. Results include the operating results for the recently purchased ...read more