Retail Rundown: Same Store Sales for June Looking Mixed But Traders Seem Optimistic
Retailers issued monthly figures on same store sales today, showing a mostly mixed picture as pundits have been touting a consumer recovery over the last few weeks. The SPDR S&P Retail ETF (NYSE: XRT) has vacillated between positive and negative territory throughout today's session and, at last check, was up 0.13%.
Below are some highlights from just a few of the retail sales reports which were released earlier:
Below are some highlights from just a few of the retail sales reports which were released earlier:
- Target (NYSE: TGT) - comps up 1.7%, stock down 1%
- Costco (Nasdaq: COST) - same store sales up 4%, stock up 2.7%
- Macy's (NYSE: M) - same store sales up 6.5%, stock up 2.9%
- JCPenney (NYSE: JCP) - comps up 4%, stock up 6.9%
- Limited Brands (NYSE: LTD) - comps up 6%, stock up 2.5%
- Abercrombie & Fitch (NYSE: ANF) - comps up 9%, stock up 7.9%
- The Buckle (NYSE: BKE) - same store sales down 7.3%, stock down 9.8%
- Gap (NYSE: GPS) - comps flat, stock down 7.4%
- Zumiez (Nasdaq: ZUMZ) - same store sales up 10.9%, stock up 3.8%
- Aeropostale (NYSE: ARO) - comps up 8%, stock down 6.6%
- The TJX Companies (NYSE: TJX) - same store sales up 3%, stock down 4.5%
- Saks (NYSE: SKS) - comps up 2.5%, stocks up 2.5%
- American Eagle (NYSE: AEO) - comps down 1%, stock down 4%
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