Companies and Brands
Retail Sales Roundup (COST, TGT, JCP, KSS, DDS, JWN, SKS, SSI, M, GPS, TJX, LTD, ROST, SMRT, WTSLA, BKE, ZUMZ, WAG)
Published:
Last Updated:
US retailers are reporting December same-store sales today, and here’s a wrap-up of the results as of about 10 a.m. this morning. Reports were in from Costco Wholesale Corp. (NASDAQ: COST), Target Corp. (NYSE: TGT), J.C. Penney Co. Inc. (NYSE: JCP), Kohl’s Corp. (NYSE: KSS), Dillard’s Inc. (NYSE: DDS), Nordstrom Inc. (NYSE: JWN), Saks Inc. (NYSE: SKS), Stage Stores Inc. (NYSE: SSI), Macy’s Inc. (NYSE: M), Gap Inc. (NYSE: GPS), The TJX Cos. Inc. (NYSE: TJX), Limited Brands Inc. (NYSE: LTD), Ross Stores Inc. (NASDAQ: ROST), Stein Mart Inc. (NASDAQ: SMRT), Wet Seal Inc. (NASDAQ: WTSLA), Buckle Inc. (NYSE: BKE), Zumiez Inc. (NASDAQ: ZUMZ), and Walgreen Co. (NYSE: WAG).
Teen stores Buckle and Zumiez battered expectations, while Gap and Wet Seal both missed expectations badly.
Data from CNBC.
|
Store |
Consensus Est. |
Actual |
| Costco | 7.6% | 7.0% |
| Target | 3.1% | 1.6% |
| J.C. Penney | -0.1% | 0.3% |
| Kohl’s | 2.2% | -0.1% |
| Dillard’s | 3.0% | 4.0% |
| Nordstrom | 5.1% | 8.7% |
| Saks | 5.8% | 5.8% |
| Stage Stores | 1.0% | 1.2% |
| Macy’s | 5.0% | 6.2% |
| Gap | -1.3% | -4% |
| TJX | 2.6% | 8% |
| Limited | 5.7% | 7% |
| Ross | 4.2% | 9% |
| Stein Mart | -1% | Flat |
| Wet Seal | -1% | -3.7% |
| Buckle | 5.0% | 8.9% |
| Zumiez | 5.1% | 10% |
| Walgreen | -0.1% | 0.4% |
Buckle shares are up more than 2% at $41.33 in a 52-week range of $33.97-$47.97. Zumiez shares are up more than 14% at $30.13 in a 52-week range of $15.85-$30.90. Gap shares are down nearly -4% at $18.18 in a 52-week range of $15.08-$23.73. Wet Seal shares are down more than -2.5% at $3.21 in a 52-week range of $3.03-$5.23.
Paul Ausick
Are You Still Paying With a Debit Card?
The average American spends $17,274 on debit cards a year, and it’s a HUGE mistake. First, debit cards don’t have the same fraud protections as credit cards. Once your money is gone, it’s gone. But more importantly you can actually get something back from this spending every time you swipe.
Issuers are handing out wild bonuses right now. With some you can earn up to 5% back on every purchase. That’s like getting a 5% discount on everything you buy!
Our top pick is kind of hard to imagine. Not only does it pay up to 5% back, it also includes a $200 cash back reward in the first six months, a 0% intro APR, and…. $0 annual fee. It’s quite literally free money for any one that uses a card regularly. Click here to learn more!
Flywheel Publishing has partnered with CardRatings to provide coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.