December same-store sales flat to down
By Furniture Today Staff -- Furniture Today, January 8, 2006
Atlanta — Same-store sales were nearly flat for retailer Havertys in December and were down a few percentage points for fellow Top 100 chains Pier 1 Imports and The Bombay Company.
Havertys said its sales total of $79.1 million was up 1% from December 2004, while same-store sales declined 0.7%. For the full year, the Atlanta-based retailer's sales grew 5.5% to $827.7 million, with same-store sales rising 1.8%.
Clarence Smith, Havertys president and CEO, said the company opened its 118th store — in Columbus, Ohio, a new market for the company — on schedule a few days before the year ended.
While Havertys reported sales for the calendar month, Pier 1 and Bombay reported for the five weeks ended Dec. 31.
Fort Worth, Texas-based Pier 1 said its sales of $286.9 million were down 1% from December 2004 and same-store sales declined 4.8%. For the first 10 months of its fiscal year, sales of $1.6 billion were down 3.3% and same-store sales were off 8.1%.
Bombay, also based in Fort Worth, said its total revenue of $100.5 million for the five weeks was down 6.4% from a year earlier, with same-store sales slipping 3.5%. For the first 48 weeks of the fiscal year, revenue was off 1.7% to $528.7 million with same-store sales down 2%.
-
Havertys Sept. sales off 14.3%
Oct 14, 2007 -
Havertys sales down 6.5% in December
Jan 4, 2007 -
Havertys' income jumps 8.4% in third quarter
Nov 19, 2006 -
Havertys' sales up, Pier 1's down
Oct 22, 2006
Featured Company
-
Brandwise Inc.
Brandwise serves a model - not just an industry - by integrating, automating, and optimizing the entire sales channel, from wholesale Suppliers to their Reps and the Retailers they service. In short, our software helps Reps and Suppliers sell more and create... more
VIEW ALL GALLERIES
