Retail Sales Roundup (COST, TGT, JCP, KSS, DDS, JWN, SKS, SSI, M, GPS, TJX, LTD, ROST, SMRT, WTSLA, BKE, ZUMZ, WAG)

Companies and Brands

Published: January 5, 2012 12:24 pm

Last Updated: January 5, 2012 12:42 pm

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

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