Raw Data Report: Google, Finish Line, Charlotte Russe

Includes: CHIC, FINL, GOOG
by: TickerMine

Each day, Wall Street is flooded with stock research offering a multitude of conflicting investment opinions. As such, TickerMine is not in the business of providing more opinions. We believe that accurate raw data points can be used to gain insight in to the stock selection and valuation process.

Google (NASDAQ:GOOG) G1 Comes With Big $220 Rebates

76% of T-Mobile stores we surveyed recently have the Google Android based G1 (manufactured by HTC). 24% do not have the phone yet, but almost half of these respondents were expecting shipments to arrive before Thanksgiving. 4% reported being stocked our of the G1, but this type of report was not widespread. T-Mobile is offering a $220 instant rebate with the G1 for a two year contract. It is not clear who picks up the tab for the rebate - T-Mobile or Google. 92% of T-Mobile representatives claim the G1 is the best phone they carry today and 80% claim the G1 is superior to Palm (PALM) or Blackberry (RIMM) devices. Review from T-Mobile representatives are very strong, but demand does not appear to be keeping pace as stock-outs are few during the initial launch when demand should be the strongest for the G1.

86% of Finish Line (NASDAQ:FINL) Stores Increase Sale Items to Draw Business

In recent interviews with Finish Line retail locations, 86% stated that they are putting more items on sale in October than September. 36% say business is down, while 32% characterize it as flat. The average shoe sale is $93.25 and the chain's best-selling items are Nike (NYSE:NKE)Shox and Nike Air Jordan. 79% cited Nike as the most popular brand with teenagers.

Bargain Shoppers Dominate Charlotte Russe's (CHIC) Business

88% of Charlotte Russe shoppers head straight for the discounted items according to our most recent survey of the companies stores. This is an increase from 83% heading for sales items that we recorded in our previous survey. The average check out bill at Charlotte Russe was $64.60, down from our July survey which showed an average check out bill of $67.59. 48% of respondents see business as up from a year ago, 36% (a very high negative response rate historically) see it down and 16% see it as the same. Repeat customers make up 52% of store traffic according to our respondents, a low number when compared to other chains we survey.