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Mar. same-store sales (actual vs. Thomson Reuters estimate), update #3: SKS +11.1% vs. +0.8%....

Mar. same-store sales (actual vs. Thomson Reuters estimate), update #3:
SKS +11.1% vs. +0.8%.
SSI -5.3% vs. -6.5%.
SMRT -3.9% vs. -1.5%.
TGT -5.5% vs. -6.4%.
TJX -1% vs. -2%.
WAG +3% vs. +1.9%.
WTSLA +4.7% vs. -1.7%.
ZUMZ +8.9% vs. +4.1%.
1 miss, 7 beats, for a total of 4 misses and 20 beats.
Comments (1)
  • Tack
    , contributor
    Comments (12739) | Send Message
     
    After seeing UK's "surprising" upside economic news two days back, yesterday's positive economic news from Canada, and this bevy of retail sales data, I can only conclude that those analysts forecasting major contractions in GDP are in for their own surprise.

     

    Daily apprehsensions about the End-of-QE, as well as the supposed effects of Japan events, are probably responsible for the market's recent dip and the sudden spate of caution from some recently publicized pundits/analysts. It's going to be very interesting to see how the market reacts if GDP and Q1 corporate reports are both notably stronger than expectations, which, personally, I see as quite likely.
    7 Apr 2011, 09:31 AM Reply Like
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