Retailers Fail To Meet Comps Expectations (DDS, WAG, TGT, GPS, M)

8am comps today were pretty disappointing for the retail sector. Dillard's DDS failed to meet comps estimates of +2.4%, coming in at -1%. Walgreen WAG failed to beat comps estimates of +3.6%, coming in at +3.1%. Target TGT failed to beat comps estimates of +2.0%, coming in at +1.8%. Gap GPS failed to beat comps estimates of -0.3%, coming in at -3.0%. The only outlier in the 8am round of comps reports today was Macy's M which beat comps estimates of +5.8%, coming in at +3.7%.