For the Fourth Quarter of Fiscal 2017 • Net sales increased 22.6% to $1,937.6 million compared to $1,580.6 million in the fourth quarter of fiscal 2016. Excluding the impact of the 53rd week in fiscal 2017, net sales increased 15.7%; • Net sales in the 53rd week were $108.8 million and represented approximately $0.14 of diluted earnings per share; • Comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 8.8% compared to an increase of 16.6% in the fourth quarter of fiscal 2016. The 8.8% comparable sales increase was driven by 6.2% transaction growth and 2.6% growth in average ticket; • Retail comparable sales increased 4.2%, including salon comparable sales growth of 3.2%; Click Read More below for additional information.
The Wall Street Journal’s award-winning business news and analysis is coming to Canada!
Effective Tuesday, June 12, Torstar daily newspapers and websites across the country will begin publishing a limited sample of articles from The Wall Street Journal, the world’s pre-eminent source of financial news and information.
Also starting Tuesday, June 12, the Toronto Star, Torstar’s flagship newspaper, will launch Star Business Journal, a major new initiative with both print and online editions featuring articles on business, the economy, technology and markets from The Wall Street Journal.
Coming soon, customers will be offered greater access every day to a larger, more wide-ranging package of Wall Street Journal articles, including access to curated newsletters as part of a digital subscription package.
“The world of business is becoming increasingly global and this exclusive partnership with The Wall Street Journal offers our customers, particularly aspiring and established business leaders, a unique and informative perspective on news they can use,” said John Boynton, President of Torstar Corporation and Publisher of the Toronto Star.
“This collaboration with The Wall Street Journal is an important element in Torstar’s overall transformation initiative – with a lot more to come,” he said.
more at: https://www.torstar.com/html/whats_new/index.cfm?view=article&wnID=207