January 8, 2009 / 7:43 PM / 10 years ago

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

 (Adds total-sales figures, comments)
 Jan 8 (Reuters) - The following table lists select U.S. retail companies that have reported December 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. DECEMBER 2008
                                 Same-store sales      Total Sales  Company            Symbol         Estimates  Actuals     Value   Change             Comments ================================================================  =========================================================== Discount Stores ————————————————————————————————  —————————————————————————————- Wal-Mart#          (WMT.N)           2.8       1.7     $46.50 bln    -0.1   Holiday sales were hurt by the
          difficult economy and harsh weather
          conditions. Sales in the International
          segment fell 10.4 percent, and apparel
          and jewelry were soft. However, sales
          at walmart.com were significantly ahead
          of the same period last year, led by sales
          of entertainment and home products and the
          site-to-store program.  Target             (TGT.N)          -9.1      -4.1      $9.28 bln     0.2   Comp-sales were strongest in the
          non-discretionary category with moderate
          growth in food and upper single digit growth
          in health care. Apparel and home assortment
          experienced high single digit comp-sales
          declines. Region-wise, New York, New Jersey,
          Connecticut and Massachusetts were the best
          performers.  Costco*           (COST.O)          -3.7      -4.0      $7.40 bln    -2.0   Lower gasoline prices and foreign exchange
          losses hurt the company’s comps. Among its
          merchandising divisions, foods — frozen,
          cooler and deli were strong, while non-foods
          were weak.  BJ’s Wholesale*     (BJ.N)           3.1       1.6      $1.06 bln     3.2   Departments like bakery, breakfast foods,
          computer equipment, dairy and deli saw
          strongest sales while apparel, cigarettes
          and jewelry were weak. Sales rose in the Metro
          New York, New England and Mid-Atlantic
          regions, with the highest rise in Metro New
          York. Sales in the Southeast and Upstate New
          York regions, with a higher concentration of
          gas stations, fell in comparison.  TJX Cos            (TJX.N)          -7.9      Flat      $2.37 bln    -3.0   Consolidated comparable store sales for the
          month were flat compared with last year on a
          constant currency basis. Foreign currency
          exchange rates had a five percentage-point
          negative impact on December comps. TJX expects
          Jan consolidated comps to fall 2 to 5 percent
          on a constant currency basis, excluding impact
          from foreign currency exchange rates.  Ross Stores       (ROST.O)          -0.7      Flat      $802 mln      6.0   Bargains helped attract customers this season,
          but the company continues to forecast a fall
          of 2 percent to 4 percent in January
          same-store sales. Dresses remained the best
          performing category with same-store sales
          gains in the mid-teens, while accessories
          posted a mid-single-digit increase. The
          Mid-Atlantic was the best performing region
          with a high single-digit same-store sales
          gain. California comparable store sales were
          even with the prior year. 

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