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Denis Ouellet, CFA
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Denis Ouellet has been involved in the Financial sector since 1975. Now retired, he is a part-time blogger. Denis has been analyst and head of research for a brokerage company, equity manager for various investment organizations (pension, mutual and hedge funds), head of global equity... More
My company:
Fidanza Publishing
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BEARNOBULL
  • NOVEMBER SAME-STORE-SALES VERY WEAK 0 comments
    Dec 3, 2009 12:02 PM | about stocks: RTH, TJX, SKS, ANF, NMG, ARO, GPS, LB, DDS, JCP, M, TGT, BJ, COST
    Comps are getting easier to beat but the reality remains very challenging. November SSS are generally quite weak considering what they were up against. TJX is a standout, however, continuing its momentum since last spring.

    Saks, Abercrombie & Fitch, Dillard, JC Penny and Macy’s have serious sales problems. ANF is particularly noteworthy: in two years, its November sales cratered by nearly 50%!!!!! By comparison, Aeropostale’s SSS are up 1.6% while Gap’s and The Limited’s SSS are down 10% during the same period.

    Check out the charts on SSS by major chain and trends in monthly sales at www.news-to-use.com/2009/12/november-sam...



    Disclosure: no positions
    Themes: retailing Stocks: RTH, TJX, SKS, ANF, NMG, ARO, GPS, LB, DDS, JCP, M, TGT, BJ, COST
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  1. APRIL SAME STORE SALES (1 Comment)
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