BlackRock Real Asset Equity Trust (BCF, Financial) filed Quarterly Report for the period ended 2011-10-29.
Blackrock Real Asset Equity Trust has a market cap of $782.1 million; its shares were traded at around $11.23 . The dividend yield of Blackrock Real Asset Equity Trust stocks is 8.7%.
Consolidated net sales increased $139.5 million, or 5.6%, to $2,621.1 million for the nine months ended October 29, 2011 from $2,481.6 million for the nine months ended October 30, 2010. This increase was primarily attributable to an increase in sales related to stores previously opened that are not included in our comparative store sales, a 1.9% increase in our comparative store sales, and net sales related to new stores. We believe the comparative store sales increase was due primarily to our improved merchandise content and customer experience initiatives as discussed in further detail below (refer to the sections below entitled Ongoing Initiatives for Fiscal 2011 and Results of Operations for further explanation), partially offset by unseasonably warm weather.
We experienced an increase in net sales for the three months ended October 29, 2011 compared with the three months ended October 30, 2010. Consolidated net sales increased $40.5 million, or 4.7%, to $898.7 million for the three months ended October 29, 2011 from $858.2 million for the three months ended October 30, 2010. This increase was primarily attributable to a combination of the following:
We experienced an increase in net sales for the nine months ended October 29, 2011 compared with the nine months ended October 30, 2010. Consolidated net sales increased $139.5 million, or 5.6%, to $2,621.1 million for the nine months ended October 29, 2011 from $2,481.6 million for the nine months ended October 30, 2010. This increase was primarily attributable to a combination of the following:
Adjusted EBITDA for the nine months ended October 29, 2011 increased $12.7 million, or 8.5%, to $162.0 million from $149.3 million during the nine months ended October 30, 2010. The improvement in Adjusted EBITDA was primarily the result of our comparative store sales increase of 1.9% during the nine months ended October 29, 2011 as well as the improvement in our gross margin rate.
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Blackrock Real Asset Equity Trust has a market cap of $782.1 million; its shares were traded at around $11.23 . The dividend yield of Blackrock Real Asset Equity Trust stocks is 8.7%.
Highlight of Business Operations:
Consolidated net sales increased $40.5 million, or 4.7%, to $898.7 million for the three months ended October 29, 2011 from $858.2 million for the three months ended October 30, 2010. This increase was primarily attributable to a 1.5% increase in our comparative store sales as well as an increase in sales related to new stores and stores previously opened that are not included in our comparative store sales. We believe the comparative store sales increase was due primarily to our improved merchandise content and customer experience initiatives as discussed in further detail below (refer to the sections below entitled Ongoing Initiatives for Fiscal 2011 and Results of Operations for further explanation), partially offset by unseasonably warm weather.Consolidated net sales increased $139.5 million, or 5.6%, to $2,621.1 million for the nine months ended October 29, 2011 from $2,481.6 million for the nine months ended October 30, 2010. This increase was primarily attributable to an increase in sales related to stores previously opened that are not included in our comparative store sales, a 1.9% increase in our comparative store sales, and net sales related to new stores. We believe the comparative store sales increase was due primarily to our improved merchandise content and customer experience initiatives as discussed in further detail below (refer to the sections below entitled Ongoing Initiatives for Fiscal 2011 and Results of Operations for further explanation), partially offset by unseasonably warm weather.
We experienced an increase in net sales for the three months ended October 29, 2011 compared with the three months ended October 30, 2010. Consolidated net sales increased $40.5 million, or 4.7%, to $898.7 million for the three months ended October 29, 2011 from $858.2 million for the three months ended October 30, 2010. This increase was primarily attributable to a combination of the following:
We experienced an increase in net sales for the nine months ended October 29, 2011 compared with the nine months ended October 30, 2010. Consolidated net sales increased $139.5 million, or 5.6%, to $2,621.1 million for the nine months ended October 29, 2011 from $2,481.6 million for the nine months ended October 30, 2010. This increase was primarily attributable to a combination of the following:
Adjusted EBITDA for the nine months ended October 29, 2011 increased $12.7 million, or 8.5%, to $162.0 million from $149.3 million during the nine months ended October 30, 2010. The improvement in Adjusted EBITDA was primarily the result of our comparative store sales increase of 1.9% during the nine months ended October 29, 2011 as well as the improvement in our gross margin rate.
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