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Sunday, December 5, 2010

ABC Mart Down Again


ABC Mart, which was doing so well in the first half of the year, has been experiencing a decline of late – and this last decline came in the form of a decrease in November same-store-sales.  Sales for November dropped 6%, their latest drop-off in sales in this second half of the year.  The only good news that came out of November for ABC Mart is their same-store-sales per customer increased again for the fourth straight month. 
With this latest fall in same-store-sales investors punished ABC Mart on Friday by closing down their stock 37 yen to 2,851 yen.

Data ABC Mart Inc.

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