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Retailers reported mixed June same-store sales on Thursday. Collectively, retailers beat analyst expectations by 0.1%. On average, same-store sales growth in June was 2.1% weaker than May's stronger numbers. Notable beats include Wal-Mart's decisive 2.4% growth, way outdoing analyst forecasts of only 0.8% and Macy's weaker-than-expected 2.7% decline (vs. -1.9% estimates). Retail sales growth from February through June 2007 has been at about half of 2006's pace over the same period. Susquehanna analyst Thomas Filandro said on July 9 mall traffic "remained sluggish," while another analyst said retailers are "just trying to minimize their losses."

In the following table, arrows indicate whether a retailer beat (up), missed (down) or was in line with analyst expectations.

June Same Store Sales 2007

Sources: MarketWatch, Street Insider, Reuters, Dow Jones, Bloomberg
Commentary: May Same-Store Sales RoundupApril Same-Store Sales RoundupMarch Same-Store Sales Retail Roundup
Stocks/ETFs to watch: Abercrombie & Fitch Co. (ANF), Aeropostale Inc. (ARO), American Eagle Outfitters Inc. (AEO), AnnTaylor Stores Corp. (ANN), bebe stores Inc. (BEBE), Buckle Inc. (BKE), Cache Inc. (CACH), Cato Corp. (CTR), Chico's FAS Inc. (CHS), Children's Place Retail Stores Inc. (PLCE), Christopher & Banks Corp. (CBK), Deb Shops Inc. (DEBS), Dress Barn Inc. (DBRN), Gap Inc. (GPS), Gymboree Corp. (GYMB), Hot Topic Inc. (HOTT), Jos. A. Bank Clothiers Inc. (JOSB), Limited Brands Inc. (LTD), Mothers Work Inc. (MWRK), New York & Company (NWY), Pacific Sunwear of California Inc. (PSUN), Ross Stores Inc. (ROST), Stage Stores Inc. (SSI), Stein Mart Inc. (SMRT), TJX Companies Inc. (TJX), United Retail Group Inc. (URGI), Wet Seal Inc. (WTSLA), Wilsons The Leather Experts Inc. (WLSN), Zumiez Inc. (ZUMZ), Bon-Ton Stores Inc. (BONT), Dillard Inc. (DDS), Gottschalks Inc. (GOT), Kohl's Corp. (KSS), Macy's Inc. (M), Nordstrom Inc. (JWN), JC Penney Co. Inc. (JCP), Saks Inc. (SKS), Duckwall-Alco Stores Inc. (DUCK), Target Corp. (TGT), Wal-Mart Stores Inc. (WMT), CVS Caremark Corp. (CVS), Longs Drug Stores Corp. (LDG), Rite Aid Corp. (RAD), Walgreen Co. (WAG), Haverty Furniture Companies Inc. (HVT), Sharper Image Corp. (SHRP), Factory Card & Party Outlet Corp. (FCPO), Family Dollar Stores Inc. (FDO), Fred's Inc. (FRED), BJ's Wholesale Club Inc. (BJ), Costco Companies, Inc. (COST), Cost-U-Less Inc. (CULS)

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Source: June Retail Same-Store Sales Roundup