Harvey Kanter: Holiday Sales Decrease 5.8% Year-over-Year
Comparable sales for the same 9-week holiday period decreased 5.8%, with comparable sales from stores down 7.2% and the direct business down 2.8%. "We saw an improvement in our sales results during this 9-week holiday period, with a comparable sales decrease of 5.8% as compared to the decrease of 8.7% experienced through the first nine months of fiscal 2025, largely driven by our direct business. Our direct business showed improvement during the 9-week holiday period, with a comparable sales decrease of 2.8%, as compared to the comparable sales decrease of 14.6% through the first nine months of fiscal 2025. We drove a favorable response in direct with several strategic promotions, however, this did not fully offset the traffic decline in stores. Our sales results for the holiday period, particularly in our stores, continue to reflect a difficult environment, especially in the Big + Tall sector, with continued pressure on discretionary spending," said Harvey Kanter, president and CEO. "We were thrilled to announce a transformative transaction with FullBeauty during the quarter and are excited for the opportunities ahead, in 2026 and beyond. Together with FullBeauty, we will be better positioned to serve our customers across the plus-size and Big + Tall apparel market, providing them more brands, more styles and more options whether they shop in stores or online."
