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Subject: Same store sales
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Danny Matthews


01/10/2008 10:33 AM  

Same store sales were up 7% in Dec for the whole story read here

http://www.reuters.com/article/marketsNews/idUKN1010401620080110?rpc=44 


Danny Matthews
Tuscola IL

Doug Gerlach
Cambridge, MA
http://www.iclub.com/
President, ICLUBcentral

01/10/2008 2:43 PM  
That's a pretty fantastic feat in this economy. I saw a story on CNN this morning where same store sales for many, many major retailers were significantly down in December -- for companies like Target (-5%), the Gap (-9%), Limited Brands (-8%), Macy's (-7.9%), J.C. Penney (-7%), Kohl's (-11%). The comparisons are a little skewed because November's reporting period in 2007 had an extra week of post-Thanksgiving sales than in 2006, but it means that companies with positive growth are doing really, really well.

Wal-Mart's same store sales were up 2.9%, which is one of the few other positive reporting companies.

Doug

Posting from ICLUBcentral world headquarters in the Harvard Square's historic College House, Cambridge, MA

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Danny Matthews


03/05/2008 8:26 AM  

Same store sales were up 7%. When the higher cost of gasoline is removed it is 3%. Here's the whole story http://biz.yahoo.com/rb/080305/costco_results.html?.v=2 . This is for the 2nd Q ended in Feb. 08


Danny Matthews
Tuscola IL

Danny Matthews


04/10/2008 12:42 PM  

COST is maintaining a gain in same store sales for the month of March. People might be taking advantage of the bulk discount store.

http://biz.yahoo.com/ap/080410/retail_sales_discount.html?.v=1 


Danny Matthews
Tuscola IL

Danny Matthews


05/29/2008 4:50 PM  

Once again COST had a 8% rise in SSS. Beat EPS est by 32%. The theory is people are doing bulk buying as a way to save on trips to stores. Still a hold and add to position in my 25 stocks to own portfolio.

http://biz.yahoo.com/ap/080529/earns_costco.html?.v=11


Danny Matthews
Tuscola IL
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