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January Retails Sales Decelerated Following Strong Holiday - JPMorgan
February 14, 2018 9:57 AM ESTAnalyst Chris Horvers says 7 out 10 categories his team follows decelerated on a YoY basis using seasonally adjusted data with another 2 accelerating and 1 basically flattish. The analyst notes:
home improvement decelerated 2.7% relative to Q3,general merchandise sales accelerated 50bps (correlated with Target (NYSE:... More