Page 16 - Same Store Sales News Today : Breaking News, Live Updates & Top Stories | Vimarsana

3 Min Read (Reuters) - Domino’s Pizza Inc on Thursday posted a slowdown in quarterly same-store sales growth, as stiff competition from rival fast-food chains, an uptick in indoor dining trends and pandemic-related costs ate into its business. FILE PHOTO: A Domino's Pizza restaurant is seen in Los Angeles, California, U.S. July 18, 2018. REUTERS/Lucy Nicholson Shares of the company slid 8% as its U.S. same-store sales growth slowed to 11.2% from 17.5% in the previous quarter, and also missed market estimates. Easing COVID-19 restrictions have led to a slight rebound in business for dine-in ...

2 Min Read (Reuters) - Lowe’s Cos Inc on Wednesday backed its expectations for a sales decline in 2021, even after reporting a blow-out fourth quarter by riding on a sustained boom in demand from people sprucing up their homes during the COVID-19 pandemic. The home improvement chain and larger rival Home Depot Inc were among the biggest retail winners last year as Americans, who were forced to curtail their spending on travel and leisure activities, poured money into minor remodeling and repair works at their homes. Lowe’s shares fell 3.3% as it stuck by its 2021 outlook of a $4 billion t...

By Reuters Staff 2 Min Read (Reuters) - Discount store operator TJX Cos Inc missed estimates for holiday-quarter results on Wednesday, as coronavirus-induced lockdowns in Europe and Canada shaved about $1 billion off its sales. FILE PHOTO: A T.J. Maxx store which is owned by TJX Cos Inc in Pasadena, California U.S., May 15, 2017. REUTERS/Mario Anzuoni Shares of the T.J. Maxx parent fell about 3% to $68.38 in premarket trading. Sales of retailers that sell discretionary items have remained pressured since the onset of the pandemic, as declining income among households have prompted people to...

Discount store operator TJX Cos Inc missed estimates for holiday-quarter results on Wednesday, as coronavirus-induced lockdowns in Europe and Canada shaved about $1 billion off its sales.

Discount store operator TJX Cos Inc missed estimates for holiday-quarter results on Wednesday, as coronavirus-induced lockdowns in Europe and Canada shaved about $1 billion off its sales.