Books-A-Million (BAMM) Comps Rose 1.2% for Holiday 2014
Books-A-Million (NASDAQ: BAMM) announced retail sales results for the 9-week period ended January 3, 2015 which totaled $129.2 million compared with $127.9 million in the prior year period. Comparable store sales for the 9-week period increased 1.2% versus the same period in the prior year. Excluding sales of e-Reader devices, comparable store sales for this period increased 1.7%.
Commenting on the results, Terrance G. Finley, Chief Executive Officer and President, said, “We delivered solid sales performance against last year’s holiday selling season. This year’s results showed strengthening sales in our largest and most significant business categories of full priced books, gifts, and café. Our gift department was particularly strong due to Disney’s Frozen licensed product. We also delivered double digit sales increases in online sales.”
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