Market Currents

• Thursday, December 3, 2009

• 07:45 AM 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. 9 Comments

• Wednesday, November 18, 2009

• 16:40 PM Limited Brands (LTD): Q3 EPS of $0.02 beats by $0.03. Revenue of $1.8B (-4%) in-line. Same-store sales down 2%; raises full-year EPS guidance to $0.93-1.08 from $0.75-0.90, vs. $0.97. Shares +3.5% AH. (PR) Comment!
• 00:10 AM Notable postmarket earnings: GYMB, HOTT, JACK, LTD, NTAP, NTES, PETM, PVH 1 Comment

• Thursday, November 5, 2009

• 08:53 AM Same-store sales results #2:
  CATO flat vs. +4%.
  JCP -4.5% vs. -2.6%.
  LTD -4% vs. -3.1%.
  M -0.8% vs. flat.
  JWN +6.5% vs. +2.9%.
  ROST +9% vs. +7.1%.
  SSI -0.1% vs. -4.4%.
  TGT -0.1% in line.
  BKE +4.3% vs. +5.8%.
  WTSLA -1.3% vs. -7.3%.
  ZUMZ -8.9% vs. -6.5%.
  SKS +0.7% vs. -3%. Comment!

• Tuesday, October 27, 2009

• 09:00 AM Premarket gainers: FTWR +12%. MVIS +9%. MDVN +8%. HTZ +8%. PCX +6%. LDK +6%. SVA +5%. BP +5%. LIFE +4%. TLAB +4%.
  Losers: BIDU -19%. HUVL -6%. LTD -6%. AGNC -6%. AIB -5%. Comment!

• Thursday, October 8, 2009

• 09:00 AM Premarket gainers: LIZ +15%. NCT +7.5%. VGZ +7%. AA +6%. ING +6%. HEB +6%. MT +6%. AEO +6%. PAL +5%. LCC +5%. RCL +5%. LTD +4%. ANF +4%. TKS +4%. ABB +4%. RTP +4%. ALU +4%. X +4%. NXG +4%.
  Losers: IRE -3%. Comment!
• 07:33 AM Early same-store sales ((SSS)) results (actual vs. consensus): BKE +5.1% vs. +5.6%. COST +1% vs. -0.7%. HOTT -4% vs. -6.7%. LTD +1% vs. -2.6%. PLCE +1% vs. -1.8%. WTSLA -4.5% vs -7.6%. ZUMZ -0.8% vs. -1.4%. Positive vs. negative suprises: 6:1. Comment!

• Thursday, September 3, 2009

• 08:06 AM SSS #2: Limited (LTD) -4% vs. -5.3%. Stein Mart (SMRT) -8.9% vs. -5%. The Buckle (BKE) +3.6% vs. +5.2%. Wet Seal (WTSLA) -11.2% vs. -8.8%. Zumiez (ZUMZ) -12.1% vs. -18.4%. Comment!

• Wednesday, August 19, 2009

• 18:07 PM Limited Brands (LTD): Q2 EPS of $0.19 beats by $0.03. Revenue of $2.1B (-10%) in-line. Same-store sales down 9%. Shares +2.8% AH. (PR) Comment!
• 00:10 AM Notable earnings after Wednesday's close: HAR, HOTT, JDSU, LTD, NTAP, PETM, SNPS Comment!

• Thursday, August 6, 2009

• 08:18 AM SSS #2: Costco (COST) -7% vs. -6.5%. Dillard's (DDS) -12% vs. -13.5%. Fred's (FRED) -4.6% vs. +1%. Hot Topic (HOTT) -8.5% vs. -8.4%. Limited (LTD) -7% vs. -11.7%. Stage Stores (SSI) -10.1% vs. -8%. 2 Comments

• Thursday, July 9, 2009

• 07:45 AM SSS #2: The Buckle (BKE) +9.6% vs. +12.4%. Children's Place (PLCE) -12% vs. -8.6%. American Apparel (APP) -13% vs. -6.3%. Bon-Ton Stores (BONT) -8% in-line. Limited (LTD) -12% vs. -8.1%. Stein Mart (SMRT) -8% vs. -5.3%. Comment!

• Monday, June 15, 2009

• 09:44 AM Limited Brands (LTD) down 1.5% early on after saying it's looking to raise $500M in a bond sale, the proceeds of which it hopes to use to ease its short-term debt load. Comment!

• Thursday, June 4, 2009

• 07:47 AM SSS #2: Limited (LTD) -7% in-line. Stage Stores (SSI) -7.2% vs. -6.8%. The Buckle (BKE) +13.4% vs. +11.6%. Wet Seal (WTSLA) -8.4% vs. -9.7%. Zumiez Inc. (ZUMZ) -20.7% vs. -20.4%. Comment!

• Wednesday, May 20, 2009

• 16:37 PM Limited Brands (LTD): Q1 EPS of $0.01 beats by $0.04. Revenue of $1.7B (-10.4%) in-line. Issues in-line guidance for Q2, sees EPS of $0.11-0.16. Sees FY '10 EPS of $0.67-0.87 vs $0.74 consensus. (PR) Comment!
• 15:10 PM Notable earnings after Wendesday's close: AAP, CSC, GYMB, HOTT, INTU, LTD, NTES, NTAP, PETM, SNPS Comment!