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Messi Store Sales Increased 4.8 In September.

2010/10/8 13:31:00 47

Macy'S

On the evening of October 7th, Messi announced that it was the same store in September.

Sales volume

An increase of 4.8% is better than an average expected growth of 3.3% for analysts surveyed by Thomson Reuters.


As of the five week of October 2nd, the company's total sales increased by 6.9% to $2 billion 180 million.


Terry Lundgren, chairman, President and chief executive, said this year's return to school.

Sale

It is the most successful in many years. Besides, private label brands such as American Rag

Strong performance

It also played a catalytic role in sales.


Messi said that its online sales increased by 29.3%, including the performance of macys.com and bloomingdales.com.

Online sales are included in the company's same store sales.


Since the beginning of this year, the same store sales have increased by 5%, and total sales have increased by 7% to 14 billion 930 million US dollars.


Messi operates about 850 Macys and Bloomingdales department stores in 45 states, Washington, D.C., Guam and Puerto Rico.


Review:


Messi M announced a 6.5% increase in its same store sales in June.


Analysts surveyed by Thomson Reuters expect the company's same store sales to grow by 6.1% over the same month.


As of the 5 week of July 3rd, the company's total sales increased by 9% to $2 billion 230 million.


Messi said it expects the same store sales in the second quarter to grow by about 4.5%, better than the same period last year, and it is expected that the same store sales will grow by 3-3.5% over the same period.

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