Seeking Alpha

Nov. same-store sales (actual vs. Briefing.com estimate), update #1:ARO +7% vs. +10%.APP -11%...

Nov. same-store sales (actual vs. Briefing.com estimate), update #1:
ARO +7% vs. +10%.
APP -11% vs. -3%.
BKE +1.4% vs. +4%.
BONT -6% vs. +1%.
COST +6% vs. +8.2%.
HOTT -11.7% vs. -7.9%.
LTD +3% vs. -2.3%.
PLCE -13% vs. +0.8%.
SMRT -7.2% vs. -6.5%.
SSI -12.5% vs. -5.3%.
ZUMZ -8.5% vs. -8.1%.
10 misses, 1 beat.
Comments (9)
  • Niner
    , contributor
    Comments (791) | Send Message
     
    I want to know actual vs. actual, month over month, year over year. I could give a rip about someones estimate
    3 Dec 2009, 07:55 AM Reply Like
  • Ryu Mei Co
    , contributor
    Comments (222) | Send Message
     
    ouch..... and the future market is going higher because of GE Comcast deal and BoA TARP pay back.
    3 Dec 2009, 07:55 AM Reply Like
  • Papaswamp
    , contributor
    Comments (2199) | Send Message
     
    As I stated in another comment... When does unemployment become a leading indicator? Looks like maybe sooner rather than later. Some seriously big misses.
    3 Dec 2009, 07:58 AM Reply Like
  • Papaswamp
    , contributor
    Comments (2199) | Send Message
     
    Dillards same store sales down 11%
    Gap same store sales: flat
    American Eagle same store sales: down 2%
    Macy's same store sales: down 6.1%
    Abercrombie & Fitch same-store sales down 17%

     

    Yea the economy is recovering...
    3 Dec 2009, 08:08 AM Reply Like
  • Jason Tillberg
    , contributor
    Comments (1267) | Send Message
     
    wait until unemployement insurance runs out.

     

    wait until the 46% of people who lost their job and cashed out their 401k money runs out.

     

    wait until states start making major cuts

     

    wait until taxes go up
    3 Dec 2009, 08:15 AM Reply Like
  • somecatchyphrase
    , contributor
    Comments (262) | Send Message
     
    These dismal performances tell us something about the state of the US economy.
    3 Dec 2009, 08:28 AM Reply Like
  • Billy Ford
    , contributor
    Comments (152) | Send Message
     
    Wow..This is precisely why it irritates me so much to read some of these garbage articles saying things like "....signs the economy is recovering". Our economy is in really bad shape still and just because we put a temporary dam in front of the derivitives debacle, they act as if we are on the road to recovery...We are a long ways away
    3 Dec 2009, 08:33 AM Reply Like
  • SA Editor Eli Hoffmann
    , contributor
    Comments (773) | Send Message
     
    Niner - the first number is actual, Y/Y. E.g. -2% means same-store sales were 2% lower than the same month a year ago. Month-on-month comps aren't really tracked, because of the vast differences in monthly shopping trends.

     

    On Dec 03 07:55 AM Niner wrote:

     

    > I want to know actual vs. actual, month over month, year over year.
    > I could give a rip about someones estimate
    3 Dec 2009, 08:47 AM Reply Like
  • Ryu Mei Co
    , contributor
    Comments (222) | Send Message
     
    These were terrible numbers, and again the market opened higher.....

     

    by the way, what is point of giving thumbs up or down. I was just following and reporting the market reading. Silly.
    3 Dec 2009, 09:50 AM Reply Like
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