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Biggest Pre-Market Winners and Losers
Thursday, July 7, 2011 - 9:24am | 219Winners: Target (NYSE: TGT) is up over 6.50%, trading near $51.60 after reporting positive June sales results. Amphenol (NYSE: APH) is up over 5.50%, trading near $57.40. Kohl's (NYSE: KSS) is up over 5%, trading near $54.80 after reporting positive June sales results. Apollo Group (NASDAQ:...
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Saks Reports 11.9% Jump In June Comparable-Store Sales, Shares Rise In Pre-Market
Thursday, July 7, 2011 - 9:19am | 68Saks Inc (NYSE: SKS) reported an 11.9% surge in its June sales at stores open at least one year. Analysts were expecting same-store sales to surge 7%. The retailer's total sales for the five weeks ended July 2 climbed 8.7% to $258.6 million. Saks shares gained 2.98% to $11.75 in pre-market...
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J.C. Penney Reports 2% Rise In June Comparable-Store Sales, Shares Drop In Pre-Market
Thursday, July 7, 2011 - 9:02am | 66J.C. Penney Co Inc (NYSE: JCP) reported a 2% rise in its June comparable-store sales. Analysts were expecting a 2.3% rise in comparable-store sales. The retailer's total sales for the five weeks ended July 2 dropped 0.3% to $1.55 billion. JCP shares dropped 3.19% to $33.10 in pre-market trading...
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Dillard's Reports 6% Increase In June Same-Store Sales
Thursday, July 7, 2011 - 8:54am | 57Dillard's Inc (NYSE: DDS) reported a 6% rise in its June same-store sales. Dillard's net sales climbed 4.9% y/y to $531.4 million from $506.4 million. Analysts were expecting same-store sales to rise 3.3%. Dillard's shares closed at $54.44 yesterday. Read more from Benzinga's Company news.
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Macy's Reports 6.7% Rise In June Same-Store Sales; Shares Gain In Pre-Market
Thursday, July 7, 2011 - 8:43am | 96Macy's Inc (NYSE: M) reported a 6.7% rise in its June same-store sales and lifted its estimate of sales for the fiscal second quarter. Macy's total sales in June surged 7.5% to $2.39 billion from $2.23 billion. Analysts were expecting same-store sales to rise 5.1%. Macy's now projects Q2 same-...
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Kohl's Corporation Reports June Comparable Store Sales +7.5%
Thursday, July 7, 2011 - 8:33am | 105Kohl's Corporation (NYSE: KSS) reported today that for the five-week month ended July 2, 2011 total sales increased 9.2 percent and comparable store sales increased 7.5 percent over the five-week month ended July 3, 2010. Year to date, total sales increased 4.4 percent and comparable store sales...
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Saks Incorporated Announces June Comparable Store Sales +11.9%
Thursday, July 7, 2011 - 8:32am | 114Retailer Saks Incorporated (NYSE: SKS) today announced that owned sales totaled $258.6 million for the five weeks ended July 2, 2011 compared to $237.9 million for the five weeks ended July 3, 2010, an 8.7% increase. Comparable store sales increased 11.9% for the month. On a quarter-to-date basis...
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J. C. Penney Company Reports June Comparable Store Sales +2%
Thursday, July 7, 2011 - 8:31am | 86J. C. Penney Company, Inc. (NYSE: JCP) reported today that its comparable store sales for the five-week period ended July 2, 2011, increased 2.0 percent over the same period last year. Overall, fine jewelry was the top performing division in June, with women's apparel also delivering strong...
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Nordstrom June Same Store Sales +7.9%
Thursday, July 7, 2011 - 8:29am | 56Nordstrom, Inc. (NYSE: JWN) today reported a 7.9 percent increase in same-store sales for the five-week period ended July 2, 2011 compared with the five-week period ended July 3, 2010. Preliminary total retail sales of $927 million for June 2011 increased 12.8 percent compared with total retail...
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Dillard's June Comparable Store Sales +6%
Thursday, July 7, 2011 - 8:02am | 78Dillard's, Inc. (NYSE: DDS) announced today that merchandise sales for the five weeks ended July 2, 2011 were $531,428,000 compared to sales for the five weeks ended July 3, 2010 of $506,449,000. Total sales increased 5%. Comparable store sales increased 6% for the five weeks ended July 2, 2011....
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Macy's June Same-Store Sales +6.7%
Thursday, July 7, 2011 - 8:01am | 87Macy's, Inc. (NYSE: M) today reported total sales of $2.392 billion for the five weeks ended July 2, 2011, an increase of 7.5 percent compared with total sales of $2.226 billion in the five weeks ended July 3, 2010. On a same-store basis, Macy's, Inc. sales were up 6.7 percent in June. For the...
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The Bon-Ton Stores, Inc. Announces June Comparable Store Sales Decrease of 0.9%
Thursday, July 7, 2011 - 7:31am | 153The Bon-Ton Stores (NASDAQ: BONT) today announced comparable store sales for the five weeks ended July 2, 2011 decreased 0.9%. Total sales decreased 1.5% to $240.8 million for the five weeks compared with $244.4 million for the prior year period. Year-to-date comparable store sales decreased 1.3...
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Jefferies Thinks Kohl's To Be Helped By Favorable Product Mix
Tuesday, July 5, 2011 - 9:32am | 260Jefferies & Co. is out with a research report on retailers, and thinks that Kohl's (NYSE: KSS) is likely to be helped by its favorable product mix. It has a Buy rating on shares. In a note to clients, Jefferies & Co. writes, "Among the companies in our universe reporting comp store sales...
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Market Cleared Critical Resistance 06-30-2011
Thursday, June 30, 2011 - 6:34pm | 936Cusick's Corner The end of the month has come and gone and now the market has cleared a critical resistance point, 1213.5 on the S&P futures, opening the door for new support to be established. While tomorrow may be busy in the morning with the Michigan Sentiment and ISM due out after the open...
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Window Dressing 06-30-2011
Thursday, June 30, 2011 - 2:41pm | 982Cusick's Corner The shopping continues today. Seems like the big money managers are continuing to improve their window, dressing up their end of the month to keep the statement in the green. This is money that is already in the market, but this recent move has scared the managers and hedge funds...