TITLE

Sales drop punishes profit at May

AUTHOR(S)
Hogsett, Don
PUB. DATE
May 2003
SOURCE
Home Textiles Today;5/19/2003, Vol. 24 Issue 36, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the increase in the profits of the retailer May Department Stores Co. in the U.S. Decline in the sales of the firm; Expansion plans of the company; Reduction in the expenses of the firm.
ACCESSION #
9812941

 

Related Articles

  • May Co. Net Gains 8.3% in 3rd Period. Curan, Catherine // WWD: Women's Wear Daily;11/10/1998, Vol. 176 Issue 90, p16 

    Announces the earnings of May Department Stores Co. during the third quarter of 1998. Comment from retail analyst L. Wayne Hood; Factors that strengthened the company's sales.

  • May warns Wall St. after slow Back-to-School season. Hogsett, Don // Home Textiles Today;09/11/2000, Vol. 22 Issue 2, p2 

    Reports on United States-based May Department Stores' expectations for lower third-quarter 2000 profits as a result of the slow summer and back-to-school season. Effect of the news on the company's stock price; Other department stores hit hard by sluggish retail sales.

  • May Co. sales up 5%; profits held in check.  // Home Textiles Today;02/19/2001, Vol. 22 Issue 24, p1 

    Reports on the negative impact of higher costs and lower margins on the profits of May Department Stores Inc. during the 2000 Christmas season. Improvement of the revenues with new store openings; Comparison of the sales performance to the same period of the previous year; Decrease of the stock...

  • May Co. profits fall 10.2 % in Q4. Hogsett, Don // Home Textiles Today;2/17/2003, Vol. 24 Issue 23, p25 

    Reports on the decline in the profits of May Department Stores Co. during the fourth quarter of 2002. Percentage decline in sales; Decline in average gross margin; Slight reduction in inventories. INSET: MAY DEPARTMENT STORES CO..

  • Moody's cites weak sales, slashes May debt rating.  // Home Textiles Today;6/23/2003, Vol. 24 Issue 41, p15 

    Reports on the sales performance of the retailer May Department Stores Co. in the U.S. Debt rating of the retailer; Introduction of private brands by the store; Commercial paper rating of the store.

  • Cost-cutting props up May earnings in Q3. Hogsett, Don // Home Textiles Today;11/17/2003, Vol. 25 Issue 12, p18 

    Third-quarter profits for year 2003 at May Department Stores Co. increased by 193.8 percent, to $47 million from $16 million in 2002. The company's sales slipped by just 0.5 percent, to $2.98 billion from $2.99 billion in ht previous year while same-store sales declined by 2.4 percent. The...

  • May Co. profits down 9% in 1Q. Hogsett, Don // Home Textiles Today;05/21/2001, Vol. 22 Issue 37, p20 

    Reports on the profit performance of United States retail firm May Department Stores Co. for the first quarter of 2001. Decline in profits; Total profits; Increase in overall sales; Rise in costs; Number of stores to be opened in 2001; Purchase of locations formerly operated by Wards and Bradlees.

  • The Trials and Tribulations of May Co. Edelson, Sharon // WWD: Women's Wear Daily;2/4/2005, Vol. 189 Issue 24, p6 

    Focuses on the financial performance of May Department Stores Co. in New York. Efforts by the company's subsidiary Lord & Taylor company to modernize and capture a younger customer; Plan by Federated Department Stores Inc. to acquire the company; Decline of the company's profits.

  • May's Profits Drop 46 Percent. Hogsett, Don // Home Textiles Today;5/16/2005, Vol. 26 Issue 35, p19 

    Reports on the financial performance of May Department Stores Co. for the first-quarter of 2005. Factors that contributed to the poor performance including the acquisition of the Marshall Field's operation; Comment of May president and CEO John Dunham regarding the company's weak sales.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics