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.
Author:
Publish date:

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 line with our expectations for the month," said Chairman/CEO Alan J. Lacy. "As expected, Thanksgiving week results were an encouraging kickoff to the holiday season." Within full-line stores, sporting goods delivered a solid performance.

Related

Sears comp store sales down 10 percent

Sears, Roebuck and Co. (NYSE: S) today announced total domestic store revenues for the four weeks ended Nov. 2, 2002, were $2.0 billion, a 7.5 percent decrease compared with the four weeks ended Nov. 3, 2001. Comparable domestic store revenues decreased 10 percent. "The weakening ...read more