UPDATE 1-TABLE-U.S. retailers' May same-store sales
(Adds total-sales figures, comments)
June 4 (Reuters) - The following table lists select U.S. retail companies that have reported May sales at stores open at least a year -- a key retail measure also known as same-store sales.
The table lists the mean of analysts' same-store sales estimates compiled by Thomson Reuters Estimates, the actual same-store sales reported by the companies, as well as total sales for the month and its change over last year.
All figures are expressed as the percentage change over the same period last year except the total sales value.
MAY 2009
Same-store sales Total Sales Company Symbol Estimates Actual Value Change Comments ================================================================ ===================================================== Discount Stores ---------------------------------------------------------------- ----------------------------------------------------- Target
(TGT.N: Quote, Profile, Research) -4.3 -6.1 $4.46 bln -2.3 Comparable store sales in apparel declined in
the high-single digit range, led by weaker than
average performance in women's apparel and
shoes. Comparable store sales in home were down
in the low double-digit range with better than
average performance in housewares and weaker
than average performance in decorative home and
garden. performance was much weaker than the
rest of the chain in portions of the South and
Mountain states, including Florida, Georgia and
Colorado. Costco** (COST.O: Quote, Profile, Research) -6.4 -7.0 $5.47 bln -5.0 Sales were hurt by gasoline deflation and
unfavorable foreign exchange fluctuations.
Excluding the impact of fuel and foreign
exchange, same-store sales rose 1 percent. BJ's Wholesale** (BJ.N: Quote, Profile, Research) -4.4 -6.8 $783.4 mln -4.7 Lower gasoline prices and volume hurt
comparable-store sales by 10.8 percent.
Excluding the impact of gasoline sales,
merchandise comparable club sales increased by
4.0 percent. Traffic increased by 5 percent.
Food and consumables, televisions and computer
equipment were the stronger performing segments,
while apparel, jewelry and sporting goods were
the weaker segments. There was a slightly
increased impact from price deflation in
certain areas of perishable foods. TJX Cos (TJX.N: Quote, Profile, Research) 3.6 5.0 $1.49 bln 4.0 Traffic increased at its stores as its value
offerings resonated with consumers.
Comparable-store sales at Marmax and HomeGoods
rose 6 percent and 11 percent at A.J. Wright.
Results were hurt by foreign exchange rates.
The company backed its second-quarter earnings
from continuing operations view of 43 cents to
49 cents a share. However, it sees
comparable-store sales declining by 3 percent
to 5 percent in June. Ross Stores (ROST.O: Quote, Profile, Research) 2.9 4.0 $564.0 mln 10.0 Bargain deals and favorable weather helped sales
performance during the month. Dresses and Shoes
were the best performing merchandise categories
while the Mid-Atlantic and Southeast were the
strongest regions.Total consolidated
inventories were down about 10 percent from
the prior year at the end of May. It continues
to expect same-store sales declines of two to
three percent in June, and one to two percent
in July. ---------------------------------------------------------------- -----------------------------------------------------
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