February retail sales a mixed bag
By Furniture Today Staff -- Furniture Today, March 9, 2003
Fort Worth, Texas — February results were mixed at furniture retailers Pier 1 Imports, Havertys and The Bombay Company. Revenues and same-store sales were both up for Bombay, both down at Havertys, with revenues up at Pier 1 and same-store sales down.
Bombay, based here, said revenues for the four weeks ended March 1 were up 34% to $34.1 million. Same-store sales rose 26%.
Pier 1, also based here, reported sales of $116.6 million for the four weeks ended March 1, up 3.4%, with same-store sales down 5.8%. Fourth-quarter sales were up 8.9% to $521 million from $478.6 million a year earlier. Same-store sales for the quarter were up 0.9%. Sales for the year rose 13.3%, with same-store sales up 4.7%.
Atlanta-based Havertys said February sales were $56.7 million, off 3.6% from February 2002. Same-store sales for the month dropped 9.3%.
| Retailers report February revenues | |||
|---|---|---|---|
| Dollar amounts in millions | |||
| Company | Sales | Change | Same-store change |
| 1 For the four weeks ended March 1, 2003. Source: Retailers |
|||
| Pier 1 Imports1 | $116.6 | 3.4% | -5.8% |
| Havertys | $56.7 | -3.6% | -9.3% |
| Bombay Company1 | $34.1 | 34.0% | 26.0% |
-
3 retailers' July sales decline
Aug 21, 2005 -
April results mixed for 3 stores
May 22, 2005 -
Havertys sales rise in March
May 1, 2005 -
Retailers' sales flat to down in January
Feb 20, 2005 -
Sour Nov. for Pier 1, Bombay
Dec 19, 2004
Specialty retailer LoveSac introduces new store design
Belfort Furniture, Lawrance Furniture are NHFA Retailers of Year
Kincaid Furniture honors Jimmy and Rosalynn Carter for Habitat work
Furniture, mattress sales boost Conn's sales 37.6% in recent quarter
Havertys' new ad campaign plays up customers' finer qualities
VIEW ALL GALLERIES
