Many of the retail companies are reporting their comparable store sales for May. These are from a year ago period (month vs. year earlier month). So, the “easy-comps” that we saw over the last few periods are no longer used as a look-back. Therefore, the amazing rise that showed up for retail during the first half of 2010 will appear much more on a normal trend moving forward.
Below are a few of the reports that came inthrough Briefing.com this morning. Below that there is a comprehensive report that shows monthly changes and a heatmap of the trend.
- Stein Mart reports May same store sales -4.5% vs -5.3% two analyst estimate
- Sprint Nextel: Mid-quarter update–post-paid operating performance tracking ahead of expectations – FBR Capital
- Fred’s reports May same store sales +3.5% vs +2.7%
- Gap Inc reports May same store sales +1.0% vs +0.9%
- Macy’s reports May same store sales +1.4% vs +0.7%
- American Eagle reports May same store sales -3% vs -2.2%
- BJ’s Wholesale reports May comparable stores +6.8% vs +6.8%
- Abercrombie reports May same store sales -3.0% vs -2.0%
- Target reports May same store sales +1.3% vs +0.9%
- Dillard’s reports May same store sales -1.0% vs -2.0% single analyst est
- Walgreens says May sales increased 5.9%
- Aeropostale reports May same store sales +1.0% vs -0.9%
- JC Penney reports May same store sales -1.8% vs -0.9%
- Saks reports May same store sales +5.8% vs +4.3%
- Rite Aid reports May comparable store sales -1.7%
- Ross Stores reports May same store sales +5.0% vs +2.9%
- Kohl’s reports May same store sales +3.5% vs +1.5%
- Nordstrom reports May same store sales +3.7% vs +4.8%
- TJX Cos reports May same store sales +4% vs +2.5%
