Toys “R” Us Inc. has reported its comparable store net sales for the five- and nine-week periods ending January 4.
For the five-week period, the domestic segment reported a comparable store net sales increase of 1.8 percent. The learning, seasonal, and core toy categories generated the strongest comparable store net sales growth. Internationally, comparable store net sales declined 1.1 percent for the five-week period. Australia, China, and Southeast Asia experienced positive comparable store net sales growth, offset by softness in Japan, Canada, and Europe.
Comparable store net sales for the nine-week period decreased 4.7 percent in the domestic segment and 3 percent in the international segment. The nine-week domestic comparable store net sales change is lower than the five-week change, due mainly to the late timing of Thanksgiving this year versus the prior year, which partially benefitted the current year five-week period. Internationally, Australia, China, and Southeast Asia experienced positive comparable store net sales growth, offset by softness in Japan, Canada, and Europe.
The five-week period refers to December 1, 2013 to January 4, 2014, as compared to December 2, 2012 to January 5, 2013 in the prior year. The nine-week period refers to November 3, 2013 to January 4, 2014, as compared to November 4, 2012 to January 5, 2013 in the prior year.
