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Kids retailer scorecard.

Home Textiles Today

| October 20, 2003 | Chamberlain, Janice | COPYRIGHT 2003 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

High Point -- While aggregate sales for the 12 retailers on the Kids Today annual scorecard were up 7% to $407.6 billion, net profits skyrocketed 27.3% to $8.5 billion, both compared with 2001 annual figures.

Even operating income rose nicely, up 14% to $17.1 billion from $15 billion a year ago.

The largest single sales increase in dollars was posted by perennial leader Wal-Mart, which added more than $26.7 billion in sales from 2001 to 2002. That's a 12.3% increase for the mega-retailer.

Add to Wal-Mart's ledger a 20.5% increase in profits, or a $1.4 billion increase, to $8 billion in earnings for the 2002 year. No. 2 on the dollar increase ...

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