Deutsche Bank Boosts Estimates on Nordstrom (JWN), Cuts Kohl's (KSS) and Fred's (FRED)

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Kohl’s (KSS) Comps Rose 4% in December; Cuts Q4, FY12 EPS Outlook

January 3, 2013 8:31 AM EST

Kohls Corporation (NYSE: KSS) reported today that for the five-week month ended December 29, 2012 total sales increased 4.0 percent and comparable store sales increased 3.4 percent over the five-week month ended December 31, 2011. For the November and December period, total sales increased 0.7 percent and comparable store sales... More

Nordstrom (JWN) December Comps Rose 8.6%; Updates on Expansion

January 3, 2013 8:29 AM EST

Nordstrom, Inc. (NYSE: JWN) today reported an 8.6 percent increase in same-store sales for the five-week period ended December 29, 2012 compared with the five-week period ended December 31, 2011. Preliminary total retail sales of $1.72 billion for December 2012 increased 9.4 percent compared with total retail sales of $1.57 billion for the same period in... More

Fred's (FRED) December Comps Fell 4.2%; Trims Q4 EPS Outlook

January 3, 2013 7:49 AM EST

Fred's Inc. (NASDAQ: FRED) today reported sales for the five-week fiscal month and 11-month year-to-date period ended December 29, 2012.

Fred's total sales for the month declined 1% to $209.9 million from $213.0 million in December 2011. Comparable store sales for the month decreased 4.2% compared with a... More