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Thursday, May 31, 2012

Same-Store Sales 5/31/12 May 31, 2012

Nordstorm (JWN) same-store sales: +5.3% beats consensus of +4.7%

Cato Corp (CATO) same-store sales: +3.0%

While Stage Stores (SSI) knocked out its best May comparable-store sales numbers in over ten years, it wasn't without a little help from the calendar. A shift of Mother's Day promotions from April last year to May this year helped pump up revenue

Gap's (GPS) comparable-store sales increase of 2% was led higher by a 6% gain at Gap North America and 8% rise at Banana Republic that helped offset negative growth at Old Navy and a tepid 1% increase in its International division. YTD net sales are up 5% to $4.59B. Shares -0.5% premarket.

Saks (SKS) same-store sales: +4.0% beats consensus of +2.5%.

Wet Seal (WTSLA) same-store sales: -8.8% misses consensus of -8.3%.

Buckle (BKE) same-store sales: +0.2% misses consensus of +3.3%.

Bon-Ton Stores (BONT) same-store sales: +1.5%

Limited Brands (LTD) reports May same-store sales rose 6% to $671.9M, paced by a 9% gain at Victoria's Secret and a 7% rise at Bath & Body Works   

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