May 7, 2009 / 5:24 PM / 10 years ago

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

 (Adds total sales figure, comments)
 May 7 (Reuters) - The following table lists select U.S. retail companies that have reported April 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.
                            APRIL 2009
                            SAME-STORE SALES          TOTAL SALES              COMMENTS  Company            Symbol     Estimates  Actuals     Value    Change  ===============================================================  ========================================================== Discount Stores ————————————————————————————————  ————————————————————————————— Wal-Mart*          (WMT.N)       2.9      5.0        $29.85 bln
2.4          Stronger-than-expected demand for Easter
              merchandise drove total and
              comparable-store sales. Grocery, health
              and wellness, hardlines, entertainment
              and home had positive comp sales growth
              in April.  Fresh food and consumables
              drove sales at Sam’s Club. Discretionary
              categories such as jewelry, patio and
              furniture remain soft.  Target             (TGT.N)       0.4      0.3        $4.45 bln
4.5          Favourable markups, fewer markdowns than
              expected helped sales. But
              non-discretionary items such as food,
              healthcare did well, home and apparel
              sales declined.  Costco**           (COST.O)     -6.8     -8.0        $5.18 bln   -6.0          The shift in Easter, which resulted in one
              lesser day in April, hurt the company’s
              total and comparable-store sales by 2
              to 3 percent.  BJ’s Wholesale**  (BJ.N)        -1.4     -4.9       $719.0 mln   -3.2          Gasoline sales hurt comps. Strongest
              sales increases seen in air conditioners,
              breakfast needs, candy, computers, dairy,
              deli, health & beauty, foods. Weaker
              departments included automotive and tools,
              jewelry and sporting goods.  TJX Cos            (TJX.N)      -1.6      3.0        $1.43 bln
1.0          Saw increased customer traffic across most
              brands, favorable weather helped boost
              April sales. Saw strength in A.J.Wright
              brand and HomeGoods also had positive
              comps for April.  Ross Stores       (ROST.O)       4.0      6.0       $534.0 mln   11.0          Ability to deliver compelling bargains
         drove the rise in comparable-store sales.
              Dresses, Children’s and Shoes were the
              best performing merchandise categories for
              the month, while the Southeast and
              Mid-Atlantic were the strongest regions. ————————————————————————————————  ————————————————————————————— Department Stores ————————————————————————————————  ————————————————————————————— Kohl’s             (KSS.N)      -7.5     -6.2        $1.20  bln
-2.3         Children’s segment outperformed, and
              Southwest was strongest performance
              region. Gross margin was better than
              expected as expenses were controlled.  JC Penney          (JCP.N)      -6.4     -6.6        $1.27 bln
-5.0         Women’s and children’s were top performing
              merchandise divisions, fine jewelry was
              the weakest. Geographically, southwest was
              strongest region, while central was the

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