September 3, 2009 / 5:42 PM / 9 years ago

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

 (Adds total-sales figures, comments)
 Sept 3 (Reuters) - The following table lists select U.S. retail companies that have reported August 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.
                                                   August 2009
                           Same-store sales        Total Sales  Company           Symbol    Estimates   Actual      Value  Change        Comments ================================================================  ===================================================== Discount Stores ————————————————————————————————  ——————————————————————————- Target
     (TGT.N)    -5.1       -2.9      $4.86 bln   0.1    Comps were strongest in healthcare, electronics
    and household personal baby. Comps in apparel
    declined in the mid single digit range, led by
    better than average performance in jewelry and
    accessories. While, comps at home fell in the
    high single digit range.  Costco**         (COST.O)    -5.7       -2.0      $5.40 bln  flat    Comps continued to show better overall results
    in foods, sundries, and fresh foods, while comps
    were softer in the nonfood discretionary
    categories. The August non-food comps improved
    sequentially from July. Nonfood comps were
    slightly better on the hard-line side of the
    business.  BJ’s Wholesale**   BJ.N    -8.0       -6.0    $757.6 mln  -1.9     Departments with the strongest sales increases
    compared to last year included air conditioners,
    breakfast needs, candy, cigarettes, prepared
    foods and small appliances. Departments with
    weaker sales compared with last year included
    apparel, electronics, jewelry, meat, televisions
    and tires.  TJX Cos           (TJX.N)     3.9        5.0      $1.60 bln  6.0     Comps in HomeGoods, A.J. Wright and Maramax rose
    9 pct, 7 pct and 6 pct, respectively.
    Geographically every region posted comp increases
    but the Northeast and the Canadian businesses
    were hurt by unseasonably cool weather.  Ross Stores      (ROST.O)     4.3        6.0    $557.0 mln  11.0     August sales benefited from healthy back-to-school
    traffic. Dresses and shoes remain the
    top-performing merchandise categories with
    strong double-digit percentage comp gains while
    home had low double-digit increase. ————————————————————————————————  ——————————————————————————- 

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