February 5, 2009 / 2:57 PM / 9 years ago

UPDATE 1-TABLE-U.S. retailers' January same-store sales

 (Adds total-sales figures, comments)
 Feb 5 (Reuters) - The following table lists select U.S. retail companies that have reported January sales at stores open at least a year — a key retail measure also known as same-store sales.
 The table lists the mean of analysts’ same-store sales estimates compiled by Thomson Reuters Estimates, the actual same-store sales reported by the companies, as well as total sales for the month and its change over last year.
 All figures are expressed as the percentage change over the same period last year except the total sales value.
                                 JANUARY 2008
                               SAME-STORE SALES             TOTAL SALES
                             Estimates    Actuals        Value      Change                  Comments ================================================================  =============================================================== = == Discount Stores ————————————————————————————————  ———————————————————————————————- - — Wal-Mart*          (WMT.N)        1.1           2.1        $27.74 bln     1.8            Sales were boosted by a demand
                        for food and a continued gain
                        in customer traffic. Comparable
                        sales were strong in the grocery
                        and health and wellness
                        departments, and Walmart U.S.
                        met or exceeded expectations in
                        the home, entertainment and
                        hardlines segments.  Target             (TGT.N)       -5.5          -3.3         $4.14 bln     0.8            Target expects holiday season
                        markdowns and additional
                        accounts receivable allowances
                        to pressurise fourth-quarter
                        profitability. Non discretionary
                        items like food and healthcare
                        saw the best performances, while
                        apparel was the worst. Women’s
                        apparel saw a fall of slightly
                        more than 20 percent.
                        Regionally, the Midwest was the
                        best performer, while Georgia,
                        Nevada, Florida and Arizona were
                        were the weakest areas.  Costco**          (COST.O)       -2.8          -2.0         $5.10 bln    -0.2            Sales of fruits and fresh foods
                        rose were at the mid-single
                        digits, while hard lines and
                        soft lines were down in
                        mid-singles. Internationally,
                        Canada saw strong business, as
                        did Japan, UK and Taiwan.
                        Foreign operations fared better
                        than U.S. operations.  BJ’s Wholesale**    (BJ.N)        2.7          -0.7        $656.7 mln     0.9            Sales rose in the first week of
                        January. Merchandise comp sales,
                        excluding fuel, rose in all
                        weeks but snow storms hurt sales
                        in week two. Regionwise, Metro
                        New York was the winner, with
                        food sales rising 11 percent.
                        Breakfast foods, paper products,
                        pet foods and small appliances
                        were among winners, while
                        apparel, jewellery and
                        residential furnitures declined. 

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