June 4, 2009 / 5:32 PM / 10 years ago

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

 (Adds total-sales figures, comments)
 June 4 (Reuters) - The following table lists select U.S. retail companies that have reported May 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.
                                                    MAY 2009
                           Same-store sales        Total Sales  Company           Symbol    Estimates   Actual      Value     Change        Comments ================================================================  ===================================================== Discount Stores ————————————————————————————————  ——————————————————————————- Target
     (TGT.N)      -4.3      -6.1      $4.46 bln  -2.3      Comparable store sales in apparel declined in
        the high-single digit range, led by weaker than
        average performance in women’s apparel and
        shoes. Comparable store sales in home were down
     in the low double-digit range with better than
     average performance in housewares and weaker
     than average performance in decorative home and
        garden. performance was much weaker than the
        rest of the chain in portions of the South and
     Mountain states, including Florida, Georgia and
     Colorado.  Costco**         (COST.O)      -6.4      -7.0       $5.47 bln -5.0       Sales were hurt by gasoline deflation and
        unfavorable foreign exchange fluctuations.
        Excluding the impact of fuel and foreign
        exchange, same-store sales rose 1 percent.  BJ’s Wholesale**   (BJ.N)      -4.4      -6.8     $783.4 mln  -4.7       Lower gasoline prices and volume hurt
        comparable-store sales by 10.8 percent.
        Excluding the impact of gasoline sales,
        merchandise comparable club sales increased by
     4.0 percent. Traffic increased by 5 percent.
     Food and consumables, televisions and computer
     equipment were the stronger performing segments,
        while apparel, jewelry and sporting goods were
        the weaker segments. There was a slightly
        increased impact from price deflation in
        certain areas of perishable foods.  TJX Cos           (TJX.N)       3.6       5.0       $1.49 bln  4.0       Traffic increased at its stores as its value
        offerings resonated with consumers.
        Comparable-store sales at Marmax and HomeGoods
        rose 6 percent and 11 percent at A.J. Wright.
        Results were hurt by foreign exchange rates.
        The company backed its second-quarter earnings
        from continuing operations view of 43 cents to
        49 cents a share. However, it sees
        comparable-store sales declining by 3 percent
        to 5 percent in June.  Ross Stores      (ROST.O)       2.9       4.0     $564.0 mln  10.0       Bargain deals and favorable weather helped sales
        performance during the month. Dresses and Shoes
        were the best performing merchandise categories
        while the Mid-Atlantic and Southeast were the
        strongest regions.Total consolidated
        inventories were down about 10 percent from
        the prior year at the end of May. It continues
        to expect same-store sales declines of two to
        three percent in June, and one to two percent
        in July. ————————————————————————————————  ——————————————————————————- 

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