Dillard's February same-store sales fall |
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Thu, 08 Mar 2007 15:04
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LITTLE ROCK, Ark. (AP) - Department store chain Dillard's Inc. on Thursday said same-store sales -- a key gauge of a retailer's performance -- slid 9 percent in February.Same-store sales measure sales at stores open at least one year.In the four weeks ended March 3, Dillard's saw below-average sales of children's and men's apparel and weaker demand for decorative home merchandise. Stronger sales of lingerie and accessories, shoes and furniture tempered the declines elsewhere.Analysts had expected a more modest same-store sales decline of 1.2 percent, according to a Thomson Financial survey.Total sales fell 8 percent to $594.1 million from $644.3 million in the same four weeks a year ago.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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Dillard's January same-store sales fall 