November 6, 2008 / 7:07 PM / 10 years ago

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

 (Adds total-sales figures, comments)
 Nov 6 (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. [ID:nN06190599]
 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.
                                             OCTOBER 2008
                              Same-store sales          Total sales*  Company            Symbol      Estimates#  Actual~      Value
  Change       Comments ================================================================  =========================================================== Discount Stores ————————————————————————————————  —————————————————————————————- Wal-Mart##         (WMT.N)       1.6        2.4       $28.57 bln      2.3        Results were boosted by competitive
               pricing and higher customer traffic,
               driven by seasonal merchandising events.
               November U.S. same-store sales are
               expected to rise 1 percent to 3 percent.  Target             (TGT.N)      -2.8       -4.8        $4.42 bln     -0.7        Comp sales in the apparel and home
               segments declined. The U.S. West and
               South were the weakest regions while the
               Northeast performed well. November
               same-store sales are expected to fall 6
               percent to 9 percent.  Costco^^          (COST.O)       3.6       -1.0        $5.30 bln      2.0        Same-store sales were hurt by the
               strengthening U.S. dollar, reduction of
               gasoline prices and a slowdown in the
               non-food business due to economic
               conditions. The U.S. Midwest, Southeast,
               Northeast and Texas performed well, while
               California lagged.  BJ’s Wholesale^^    (BJ.N)       6.3       10.2       $738.8 mln     11.6        Sales were driven by better-than-expected
               gasoline income. Perishable and grocery
               item sales increased. Bakery, coffee,
               dairy and pet food were among the
               strongest departments while cigarettes,
               electronics, jewelry and TVs were among
               the weakest.  TJX Cos            (TJX.N)      -0.8       -6.0        $1.48 bln     -2.0        Same-store sales were hurt by foreign
               currency exchange rates. Comp sales were
               down 2 percent at Marmaxx, down 10
               percent at HomeGoods and up 4 percent at
               A.J Wright.  Ross Stores       (ROST.O)      -0.8       -2.0         $490 mln      4.0        Unseasonably warm weather hurt comp
               sales. Dresses and accessories were the
               strongest categories. California comp
               sales fell while the U.S. mid-Atlantic
               was the best-performing region. ————————————————————————————————  —————————————————————————————- 

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