American Eagle: The apparel chain reported its profit slipped to $10.9 million for the quarter ended May 1, 2010 from $22 million reported a year earlier. First quarter earnings plunged by half on losses from its failed Martin+OSA chain.
The Buckle: Despite posting stellar financial results during the recession, the apparel chain reported its same-store sales fell 5.4 percent for the four weeks ended May 29, 2010. Total revenue fell less than 1 percent to $60.3 million, from $60.6 million last year.
Duckwall-Alco: Sales at the variety store chain decreased 7.5 percent to $39.2 million in the four-week period ending May 30, 2010 compared to $42.3 million reported in the prior-year period. Same-store sales decreased 9 percent.
Hot Topic: The specialty chain reported net sales dropped 7.4 percent from last year to $42.6 million for the four-week period ended May 29, 2010. Same-store sales dropped 9 percent compared to last year
Pacific Sunwear: The West Coast-inspired retailer reported revenue fell 15 percent in its first quarter ended May 1, 2010. The chain announced a loss of $31 million, compared with a loss of $8.7 million in the year-ago quarter. Sales dropped to $190.3 million from $223.5 million last year.
Sears: While many department stores recently posted promising financial results, Sears announced net income fell 38 percent to $16 million in the quarter ended May 1, 2010 compared to $26 million reported a year earlier. Revenue fell slightly to $10.05 billion compared to $10.06 billion reported last year due to 63 fewer stores.
Wet Seal/Arden B: The trendy apparel chain reported total sales fell 4 percent to $40.2 million at its namesake brand in the four weeks ended May 29, 2010. Its Arden B division posted sales slid 10.5 percent to $7 million for the same period.
WH Smith: The UK-based specialty retailer posted sales declined 4 percent in the 14 weeks ended June 5, 2010, while sales at its travel shops also declined 4 percent. Total group sales dipped 3 percent compared to year-ago period.
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