Sponsors
Billabong ▼ -0.020 | PPR ▼ -0.80 | American Apparel ▼ 0.000 | The Buckle ▲ +0.10 | Columbia ▲ +1.79 | Deckers Outdoor ▲ +0.23 | Dicks ▼ -0.05 | Foot Locker ▲ +0.55 | Genesco ▲ +0.34 | Iconix Brand Group ▲ +0.45 | Jarden Corp ▲ +0.94 | Nordstrom ▲ +0.59 | Luxottica ▲ +0.97 | Nike ▲ +0.55 | Pacific Sunwear ▲ +0.08 | Skullcandy ▼ -0.04 | Sport Chalet - 0 | Urban Outfitters ▲ +0.01 | VF Corp ▲ +0.48 | Quiksilver ▼ -0.35 | Zumiez ▲ +0.36 | Macys ▲ +0.39 | Tillys ▼ -0.19 |
Ticker Sponsor
Readers Say
In touch with our business
In touch with our business

If you're not plugged into Shop-Eat-Surf.com daily, you're out of touch with our business!

- By Peter "PT" Townend, The ActivEmpire
Always a good daily read
Always a good daily read

Shop-Eat-Surf creates a good source of timely information about the industry. The site makes all types and size companies feel part of a community where everyone is stoked to hear about other companies successes and ideas. It is always a good daily read.

- By Ted Li, VP of North America, Oakley
Industry Insight

MOSS ADAMS CAPITAL: Apparel and foowear market monitor highlights notable deals, stock prices and results.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

West 49 improves bottom line

By Tiffany Montgomery
December 10, 2009 7:47 AM

West 49 Inc., the industry’s largest retail customer in Canada, improved its bottom line numbers in the third quarter despite the tough retail environment, the company said this morning.

Better terms from vendors was one of the reasons cited for the improved results.

Here’s a short summary of West 49’s the company’s third quarter earnings. I also listened to its conference call. Executive Edition members, click here to read a more detailed report about West 49’s performance.

Total sales: down 3.7% to $59.4 million

Company same-store sales: down 6%

West 49 banner same-store sales: down 1.2%

Gross margin: improved to 27.9% vs. 26.1% the same period last year.

SG&A: down by $0.6 million to $10.7 million.

Net income: up 38% to $2.9 million

No. of stores: 133

 

 


More on: earnings, West 49

Articles You Might Have Missed