Sears, Roebuck and Co. (NYSE: S) has announced total domestic store revenues for the five weeks ending Jan. 4, 2003, were $4.1 billion, a 2.6-percent decrease compared with the five weeks ending Jan. 5, 2002. Comparable domestic store revenues decreased 4.6 percent. Sporting goods were among strong department performers (also footwear and jewelry) in full-line stores. "Full-line store sales were in line with our expectations," said Chairman and CEO Alan J. Lacy. "Direct-to-customer performed especially well, with Lands' End exceeding our expectations and sears.com revenues more than doubling last year's levels."
Sporting goods perform despite Sears comp store sales decreases
Sears, Roebuck and Co. (NYSE: S) announced total domestic store revenues for the four weeks ended Nov. 30, 2002, were $2.6 billion, an 8.7 percent decrease compared with the four weeks ended Dec. 1, 2001. Comparable domestic store revenues decreased 10.9 percent. "Sales were in ...read more