- Retail sales showed their biggest gain since June and beat expectations after backing out auto sales.
- Automobile and housing-related categories helped drive up sales during November to make up for weakness in other areas. Furniture (LZB, ETH, HVT, PIR, BBBY) and home furnishings stores (WSM, RH, KIRK) showed an impressive 9.7% Y/Y gain. The read for Home Depot (HD -0.3%) and Lowe's (LOW -0.4%) is positive as well as their key categories looked solid.
- Grocery stores (SVU, KR, DEG, IMKTA, SFM, WFM) and clothing stores were drags during the month.
From other sites
at BNN.com (Tue, 2:25PM)
at 4-traders.com (Mon, 4:35PM)
at CNBC.com (Feb 17, 2015)
at Nasdaq.com (Jan 13, 2015)
at Benzinga.com (Jan 12, 2015)
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