November 8, 2007 / 9:39 PM / 11 years ago

UPDATE 1-TABLE-Retailers' same-store sales in October

 (Adds total sales, comments)
 Nov 8 (Reuters) - The following table lists select U.S. retail companies that have reported October sales at stores open at least a year, a key retail measure also known as same-store sales.
 The table has the consensus same-store sales estimate#, the actual number reported by the company. The table also includes the total sales reported by the company in August and the change from last year in percentage terms.
 The consensus estimate figure is compiled by Reuters Estimates.
                                       OCTOBER 2007
                         Same-Store Sales      Total Sales
                        Estimate#   Actual   Change    Value Company                                          (pct)
  Comments ================================================================  ============================================================ Discount Stores ————————————————————————————————  —————————————————————————————— Wal-Mart (WMT.N)##           1.1        0.4      8.4     $27.92 bln  Grocery sales continued to outpace sales of general
  merchandise, while recent toy recalls weighed on toy
  sales. Sales of apparel and home goods were also soft. Target (TGT.N)               2.5        4.1      9.7      $4.45 bln  The higher margin categories continued to be soft.
  Sales were strongest in electronics, health care and
  consumables, but weak in men’s and ladies apparel,
  jewelry, and seasonal products, like blankets, heaters,
  and humidfiers.                                        Costco (COST.O)              5.6        9.0     13.0      $5.21 bln  Higher gasoline prices helped Costco during the month.
  The average sales price of gasoline climbed 25 percent
  Excluding the inflated gasoline cost, October
  same-store sales in the U.S. would have risen 5
  percent.                                               BJ’s Wholesale (BJ.N)        3.1        4.8      9.2     $663.8 mln  Contribution from gasoline sales, which aided results
  by 1.7 percent, offset the negative impact from closing
  in-store pharmacies that hurt sales by 0.4 percent.    TJX Cos. (TJX.N)             2.7        3.0      6.0      $1.54 bln  The unseasonably warm weather in many U.S. and Canadian
  markets hurt its cold-weather apparel categories.      Family Dollar FDO.N        1.1        0.0      3.3     $509.5 mln  Rise in total sales for the four-week period were
  driven by consumables, primarily food.                 Ross Stores (ROST.O)         0.3       -1.0      6.0       $470 mln  The ongoing challenging macroeconomic environment and
  unseasonably warm weather in certain markets hurt
  October. The strongest region during the month was the
  Northwest, and dresses and home were strong categories. ————————————————————————————————  —————————————————————————————— Department Stores ————————————————————————————————  —————————————————————————————— Kohl’s (KSS.N)               0.9       -3.8      1.6      $1.27 bln  Cold weather gear like fleece and sweaters declined
  significantly, amid unusually warm weather.            JC Penney (JCP.N)            0.8       -1.8      1.1      $1.31 bln  The retailer expects the challenging retail environment
  to continue for the foreseeable future. It is
  approaching the fourth quarter and 2008 cautiously to
  keep its inventory levels and costs at desired levels. Macy’s (M.N)                -0.6       -1.5     -0.5      $1.85 bln  For the third quarter, total sales rose 0.4 percent to
  $5.91 billion. On a same-store sales basis, they were
  down 0.8 percent                                       Nordstrom (JWN.N)            1.1       -2.4      0.5     $625.7 mln  Sales of designer apparel and accessories were strong,
  but business in California was hurt by fires in the
  southern part of the state.                            Saks SKS.N                 5.6       10.6     15.9     $269.1 mln  Categories like shoes, fine jewelry and contemporary
  apparel were strong during October at its Saks Fifth
  Avenue outlets.                                        Dillard’s (DDS.N)           -2.7       -7.0      6.0     $444.7 mln  Sales were above average in the Central region, but
  they were below trend in the Eastern and Western
  regions. Cosmetics category performed strongly, but
  sales of juniors and children’s apparel were
  significantly below trend.                             Bon-Ton Stores BONT.O^    -1.0       -1.4     -2.0     $244.7 mln  Unseasonably warm weather and a cautious consumer hurt
  the October sales at the company. All cold weather
  related apparel and accessories posted disappointing

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