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Late Market Roundup (JWN, ZUMZ, WTSLA, ANF, UAUA, DAL, CAL, TSN, C, BAC, MCO)
Thursday, September 2, 2010 - 1:52pm | 414US retail stocks increased their gains, as companies reported strong sales driven by a rise in promotions. Nordstrom Inc (NYSE: JWN) gained the most after reporting upbeat same-store sales. Shares of Zumiez Inc (NASDAQ: ZUMZ) and Wet Seal Inc (NASDAQ: WTSLA) also moved up after the retailers...
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Limited Brands Jumps On Rise In August Same-Store Sales
Thursday, September 2, 2010 - 1:10pm | 81Shares of Limited Brands Inc (NYSE: LTD) surged after the company reported a higher-than-expected rise in its August same-store sales. LTD has posted 10% growth in its August same-store sales, as compared to expectations of a 7.3% rise. The company’s total sales for the same period came in at $630...
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Shoe Carnival Enters Oversold Territory - Tale of the Tape
Thursday, September 2, 2010 - 12:03pm | 111Shoe Carnival Inc.’s (SCVL) share price has entered into oversold territory with a stochastic value of 11.56. The Zacks Consensus Estimate on the company’s earnings for the year ending January 2011 increased 7 cents over the past month to $1.93 per share. Shoe Carnival is a Zacks #2 Rank (“Buy”)...
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Aeropostale August SSS Moves Down, Total Sales Rises
Thursday, September 2, 2010 - 10:57am | 61Aeropostale Inc (NYSE: ARO) reported a 1% fall in its August same-store sales, as compared to the expected rise of 1.2%. The company’s total net sales for the period rose 4% to $252.5 million. ARO’s shares gained 1.42% to $22.18 at 10:41 am. Read more from Benzinga's Company news.
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American Eagle Shares Up After Same-Store Sales Report
Thursday, September 2, 2010 - 9:55am | 55American Eagle Outfitters (NYSE: AEO) announced on Thursday a 1% rise in its same-store sales for August. The company total sales grew 3% in August to $312 million. Shares of AEO rose 2.38% to $13.35 at 9:48 am. Read more from Benzinga's Company news.
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ROST Gains On Rise In Sales
Thursday, September 2, 2010 - 9:35am | 79Shares of Ross Stores Inc (NASDAQ: ROST) moved up after the company reported a 5% rise in the sales at stores open at least a year in August. However, the analysts expected an increase of 2.9% for the same period. The company’s total sales rose 9% to $608 million for the period. ROST’s shares...
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A Peek Into The Market Before The Trading Starts
Thursday, September 2, 2010 - 9:13am | 479Pre-open movers US stock futures are largely flat on Thursday, after having risen significantly on Wednesday due to improving economic data. Investors are now looking forward to data on the weekly unemployment insurance claims. Futures for the Dow Jones Industrial Average were down 6 points at 10,...
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Ross Stores Reports August Same Store Sales Increase 5%
Thursday, September 2, 2010 - 8:39am | 89Ross Stores, Inc. (Nasdaq: ROST) today reported that sales increased 9% to $608 million for the four weeks ended August 28, 2010, up from $557 million for the four weeks ended August 29, 2009. Comparable store sales for the month grew 5% on top of a 6% increase in the prior year. For the seven...
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Limited Brands Beats Same-Store-Sales Estimates (LTD)
Thursday, September 2, 2010 - 8:38am | 125Shares of Limited Brands Inc. (NYSE: LTD) are bid slightly higher this morning after the company reported same-store-sales (SSS) that beat the Street consensus. LTD said that August SSS rose 10%; this compares with the Street estimate of a 7.3% gain Total sales for the four weeks ended Aug. 28...
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TJX Reports August Sales
Thursday, September 2, 2010 - 8:34am | 197The TJX Companies, Inc. (NYSE: TJX) today reported August 2010 sales results. Sales for the four-week period ended August 28, 2010, were $1.7 billion, up 6% over the $1.6 billion achieved during the four-week period ended August 29, 2009. For the 30 weeks ended August 28, 2010, sales reached $11.7...
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Aeropostale Same Store Sales Decrease 1% (ARO)
Thursday, September 2, 2010 - 8:26am | 144Aeropostale, Inc. (NYSE: ARO), a mall-based specialty retailer of casual and active apparel for young women and men, today announced that total net sales for the four-week period ended August 28, 2010 increased 4% to $252.5 million, compared to $241.7 million for the four-week period ended August...
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Aeropostale Reports Same Store Sales Decrease of 1% (ARO)
Thursday, September 2, 2010 - 8:15am | 75Aeropostale, Inc. (NYSE: ARO) today announced that total net sales for the four-week period ended August 28, 2010 increased 4% to $252.5 million, compared to $241.7 million for the four-week period ended August 29, 2009. The Company's same store sales decreased 1% for the month, compared to a same...
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Abercrombie & Fitch Reports August Sales (ANF)
Thursday, September 2, 2010 - 8:09am | 148Abercrombie & Fitch (NYSE: ANF) today reported net sales of $353.7 million for the four-week period ended August 28, 2010, a 14% increase from net sales of $309.5 million for the four-week period ended August 29, 2009. Year-to-date, the Company reported net sales of $1.787 billion, a 15%...
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Stocks To Watch For September 2 (DLM, SAI, HRB, HOV, HOTT)
Thursday, September 2, 2010 - 5:45am | 281Some of the stocks that may grab the investor focus today are: Wall Street expects Del Monte Foods Co (NYSE: DLM) to post its FQ1 EPS at $0.26. DLM’s shares gained 1.06% to $13.30 in after-hours trading. After yesterday's closing bell, SAIC Inc (NYSE: SAI) posted its Q2 net income at $0.50 per...
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Risk back on as ISM and Chinese PMI surprise
Wednesday, September 1, 2010 - 10:13pm | 1928A flurry of economic data sent markets higher today as growth concerns were trumped by upside surprises that sent risk surging off of significant support levels. Aussie GDP started the rally last night, as Q2 YoY came in at 3.3% vs 2.8% expected vs 2.6% prior, with the consumer driving the growth....