Winners and losers from the retail sales report

Oct. 14, 2016 9:05 AM ETAmazon.com, Inc. (AMZN)WMT, M, TGT, KIRK, AMZN, HD, SHLDQ, JWN, BBBY, LOW, WSM, DDS, HVT, RH, BITE-OLD, CPPRQBy: Clark Schultz, SA News Editor40 Comments
  • Retail sales increased 2.7% Y/Y and 0.6% M/M in September on broad gains across categories. The sales totals for August were also nudged slightly higher.
  • Sales from nonstore retailers like Amazon (NASDAQ:AMZN) were up 10.6% Y/Y to once again account for a higher percentage of overall sales.
  • The building material & garden equipment category showed a 1.4% M/M and 5.6% Y/Y gain which bodes well for Home Depot (NYSE:HD) and Lowe's (NYSE:LOW).
  • Department stores (DDS, SHLD, JCP, M, JWN) lagged again as sales fell 0.7% M/M and 6.4% Y/Y, while furniture and home furnishing stores (HVT, WSM, KIRK, RH, BBBY) outpaced the broad averages in the sector.
  • Restaurant sales (NASDAQ:BITE) showed a nice jump from August, although the breakdown between large publicly-traded chains and independent restaurants isn't broken down.
  • The early take from retail analysts is that the overall tone from the report is ever-so-slightly positive for Wal-Mart (NYSE:WMT) and Target (NYSE:TGT).
  • Previously: Retail sales track higher as expected (Oct. 14)

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