Retail Sales Roundup
The market has shaken off early weakness, and now is trading back in positive territory. Oil is hovering at $63, and the 10-year is at 4.47%. Measures of investor anxiety are only at average levels so far today.
In terms of some of the individual retail sales reports, here is a quick rundown:
- GES (+12.1% vs. +6.7% consensus)
- TGT (+5.9% vs. +5.7%)
- ZUMZ (+12.1% vs. +7.3%)
- ANF (-3.0% vs. +3.4%)
- ARO (+1.0% vs. +2.0%)
- AEOS (+14.0% vs. +15.0%)
- BEBE (+5.6% vs. +8.6%)
- CHS (-0.4% vs. +0.4%)
- CTRN (+1.8% vs. +2.5%)
- COST (+5.0% vs. +5.6%)
- KSS (+3.7% vs. +5.0%)
- JWN (+5.4% vs. +6.3%)
long CHS
2 Comments:
For what it's worth, Macke over at Minyanville has a good retail roundup there, too.
http://www.minyanville.com/articles/index.php?a=11698
Yes, Kevin. I am friendly with Jeff. I agree with you, he does a very good job.
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