Dollar Tree Chairman Sells 150,000 Shares
New York City, The chairman of Dollar Tree Stores Inc. sold 150,000 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Wednesday. In a Form 4 filed with the SEC, Macon F. Brock reported he sold the shares Friday for about $32.02 apiece
Toys ‘R’ Us Holiday Sales Up
Wayne, N.J., Toys “R” Us Inc. said Wednesday its U.S. comp-store sales for the nine-week holiday selling season rose 4.1%. Company officials credited the results to strong innovation in toy offerings, better in-stock positions, improved execution at the store level, aggressive marketing and high customer demand for a number of popular items.
Comp-store sales at the privately held company’s Babies “R” Us division rose 6% for the Oct. 29 to Dec. 30 period, while international sales rose 1.9%.
Williams-Sonoma Sales Up 3.6%
San Francisco, Williams-Sonoma Inc. said Tuesday its comp-store sales rose 1.1% during the holiday period, and reaffirmed profit and sales projections for the fourth quarter and full year. Total sales for the eight-week period ending Dec. 24 rose 3.6% to $900.4 million.
The company maintained its forecast for fourth-quarter net income between $1 and $1.06 per share on revenue of $1.23 billion to $1.26 billion. Full-year earnings are anticipated in a range of $1.74 to $1.80 per share on sales of $3.71 billion to $3.74 billion.