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

• Thursday, October 8, 2009

• 08:08 AM Same-store sales results #2 (actual vs. consensus): ANF -18% vs. -21.4%. APP -15%. AEO -6% vs. -4.1%. BJ -0.5% vs. -1.1%. BONT -4.8% vs. -7%. DDS -6% vs. -9.8%. FRED +3.3% vs. +0.9%. GPS -1% vs. -0.2%. M -2.3% vs. -5%. SSI -5.6% vs. -4.3%. SMRT -5.4% vs. -4%. Total positive vs. negative suprises: 12:5. 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!

• Thursday, August 6, 2009

• 08:44 AM SSS #5: Cato Corp (CTR) -3% vs. +2%. JC Penney (JCP) -12.3% vs. -12.2%. Kohl's (KSS) +0.4% vs. -4%. Nordstrom (JWN) -6.9% vs. -11%. Ross Stores (ROST) +4% vs. +0.8%. Stein Mart (SMRT) -5.5%. Comment!

• 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!

• Thursday, June 4, 2009

• 09:14 AM SSS #6: American Eagle (AEO) -7% vs. -7.8%. BJ's Wholesale (BJ) -6.8% vs. -6.3%. Stein Mart (SMRT) +0.2% vs. -7.5%. Comment!

• Thursday, May 21, 2009

• 09:00 AM Premarket gainers: SMRT +36%. DDUP +33%. TSRA +29%. VICL +20%. BPI +14%. BRCD +10%. CSIQ +8%. GM +7%. PLAB +7%. THC +6%. NCS +4%. HEB +4%.
  Losers: ZZ -36%. ESLR -19%. RF -17%. MF -12%. HOTT -12%. GME -11%. PETM -7%. LEA -9%. STP -7%. FITB -6%. HBAN -6%. HTZ -6%. OCNF -5%. DPTR -4%. PCX -4% Comment!
• 07:56 AM Stein Mart (SMRT): Q1 EPS of $0.38 beats by $0.22. Revenue of $320M (-9.2%) vs. $316M. "Despite a very difficult sales environment, first quarter earnings improved due to tightly controlled inventories that enhanced merchandise margins, and significant expense reductions." (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: BKE, BKS, BONT, PLCE, GME, HRL, MF, NM, NWY, PDCO, ROST, SOL, SSI, SMRT, STP, TECD, TTC Comment!

• Thursday, May 7, 2009

• 10:07 AM SSS #5: Saks (SKS) -32.0% vs. -29.6%. Stein Mart (SMRT) -12.3% vs. -13.5%. TJX Cos (TJX) +3.0% vs. -1.4%. Cato Corp (CTR) +11.0%. Comment!

• Thursday, March 5, 2009

• 08:08 AM SSS #2: Costco (COST) -3.0% in-line. Zumiez (ZUMZ) -13.4% vs. -12.3%. American Eagle (AEO) -7.0% vs. -13.7%. Bon-Ton Stores (BONT) -8.5%. Stein Mart (SMRT) -12.2%. Wal-Mart (WMT) +5.1% vs. +2.4%. Family Dollar Stores (FDO) +6.4% vs. +3.7%. Comment!

• Thursday, December 4, 2008

• 07:52 AM Same-store sales III: Stage Stores (SSI) -8% vs -12%. Stein Mart (SMRT) -14.2% vs. -15%. Wet Seal (WTSLA) -13.9% vs. -12.2%. Zumiez (ZUMZ) -15% vs. 15.8%. Comment!

• Thursday, November 6, 2008

• 09:08 AM SSS #5: Saks (SKS) -16.6% vs. 12.7%. Stage Stores (SSI) -8.4% vs. -7.0%. Stein Mart (SMRT) -12.5% vs. -9.5%. Target (TGT) -4.8% vs. -2.1%. The Buckle (BKE) +14.5% vs. +15.0%. Comment!

• Thursday, September 4, 2008

• 07:34 AM SSS #5: Nordstrom (JWN) -7.9% vs. -7.1%. Wet Seal (WTSLA) -8.7% vs. -7.5%. Stein Mart (SMRT) -9.9% vs. -7%. Bon-Ton Stores (BONT) -10.3% vs. -5%. Comment!

• Thursday, July 10, 2008

• 08:28 AM SSS #5: GOT -9.5% vs. -6%. SMRT -7.7% vs. -8.5%. TGT +0.4% vs. -0.7%. TJX +5% vs. +3.4%. Comment!