TRU December U.S. Comparable Store Sales Up Slightly
Playthings Staff -- Gifts and Dec, 1/10/2012 4:17:23 PM
Wayne, NJ - Toys"R"Us U.S. domestic comparable store sales increased 1.2 percent for the month of December 2011. However total sales for the domestic segment decreased by the same amount, due to the company's decision to open fewer Toys"R"Us Express pop-up stores during the holiday selling season, compared to the prior year.
"We have now delivered six consecutive years of positive comparable store sales growth in the U.S. during the month of December," said Jerry Storch, chairman and CEO of TRU.
International total sales increased by 5.1 percent in December, reflecting benefits from the company's recent acquisition of the majority stake in its businesses in Southeast Asia and Greater China, as well as foreign currency translation. Comparable store sales for the month in the international segment declined by 1.4 percent.
Quarter-to-date comparable store sales in the U.S. decreased 1.3 percent versus last year, while the International segment decreased 3 percent. Quarter-to-date total sales in the U.S. decreased by 3.6 percent. Total quarter-to-date sales increased 3.2 percent in the International segment.
We would love your feedback!
Featured Company
-
Wright Labels
Bill and Tom Wright founded Wright of Thomasville in 1961 on the idea that printing was a creative medium and the belief that "a promise made is a promise kept." The Wright brothers focused their attention on providing exceptional printing for the... more
VIEW ALL GALLERIES
