Both domestic and international sales rise for toy specialist across festive period.
Toys R Us has reported its first holiday sales growth in a number of years, with both domestic and international markets faring well.
For the five week period (November 29 2015 to January 2 2016) and nine week period (November 1 2015 to January 2 2016), consolidated same store sales increased 3.7% and 2.0% respectively.
These figures exclude the impact of foreign currency translation.
Domestic (US market) same store sales for the periods increased 2.9% and 1.4%. The retailer said online sales were particularly strong, while core toy, learning and seasonal categories provided the most uplift. This was offset in a decline in the entertainment category, which includes electronics and video games.
Meanwhile, internationally, there was 5.1% growth for the five week period and 3.1% for the nine week period.
The positive same store sales results were led by Canada and Japan, partially offset by some ‘softness’ in Europe.
