Rochester,NY 8/31/2009 9:14:38 PM
Retail Ventures Inc. RVI, 2Q same-store sales fall 2.9%
Retail Ventures Inc.
Retail Ventures Inc., which operates DSW shoe stores said its second-quarter same-store sales fell 2.9 percent. Its total sales rose 3.4 percent to $369.5 million from $357.2 million.
Same-store sales are a key indicator of retailer performance since they measure growth at existing stores rather than newly opened ones.
The stock has ranged from 90 cents to $5.17 over the past year.
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