Much to the chagrin of doomsday bearshitters, the U.S. consumer is still finding ways to spend. Perhaps they are selling their 28 inch rims or blinged out gold teeth, in order to finance new bullshit tv’s from COST or jogging suits from M.
The recent numbers out of the retailers are more than encouraging. It’s “non-recessionary,” while definitely “unfun” for those who sell stocks.
Here is a short list of today’s retail movers:
AnnTaylor reports November same store sales +3.9% vs +1.8% Briefing.com consensus (31.66
Aeropostale reports November same store sales +6.6% vs +4.5% Briefing.com consensus (24.60 )
BJ’s Wholesale Nov same store sales +7.7% vs +4.4% Briefing.com consensus
Macy’s reports Nov same store sales +13.4% v +7.5% Briefing.com consensus
Sharper Image reports Nov comparable sales of -8.0% vs -10.8% Briefing.com consensus
Gap Inc Nov same store sales FLAT vs -4.6% Briefing.com consensus
Kohl’s Nov same store sales +10.2% vs +5.6% Briefing.com consensus
Ross Stores reports Nov comparable sales +3.0% vs +2.8% Briefing.com consensus
Saks Nov same store sales +25.7% vs +12.5% Briefing.com consensus
Target reports November same store sales +10.8% vs +10.8% Briefing.com consensus
Abercrombie Nov same store sales increase 2%, Briefing.com consensus +1.3%
Dillard’s reports November same store sales +1% vs -0.7% Briefing.com consensus
Wal-Mart Nov same store sales +1.5% vs +1.2% Briefing.com consensus
Gottschalks reports Nov same store sales +0.4% vs -1.5% Briefing.com consenus
Nordstrom reports November same store sales +8.7% vs +3.9% Briefing.com consensus
Costco reports Nov. same store sales +9.0% vs +6.7% Briefing.com consensus
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Note the “spam-like” links.
Very uncool.
My stock trading robot has already made the appropriate moves given these data. Banking of coin is commencing.
spam-like is definitely no good.
TGT getting the homo hammer, warns on December SSS
What any Company, including retailers comps, earns is not as important as future expectations. Its the old driving in the “rear view mirror thing.”
You owe your fave short, LAZ:
Lazard Initiates Coverage on Hansen Natural (HANS) with a Buy
12-06-2007 08:53:24 AM
Lazard initiates coverage on Hansen Natural (Nasdaq: HANS) with a Buy.
Hansen Natural Corporation (Hansen or HBC) is a holding company and carry on no operating business except through direct wholly owned subsidiaries, Hansen Beverage Company (HBC). HBC has two segments, Direct Store Delivery and Warehouse.
The consumer does not yet realize he is dead.
Shop on, crazy diamond.
RIMM’s gettin’ rimmed again.
TGT already cheap.
BOT 1000 TGT 56.52
Checkout GES… that was a short “lift.”
Wish I’d waited to fade it yesterday, but it’s already back under my short level….
Love the “spam-like” links. It’s fun to see which fucked up word in a paragraph will get linked. Oatmeal? Who in the fuck is searching for oatmeal on the web? That one really craked me up.
Can’t wait to see Fly fuck with blue links. Kind of like his famous Wing Ding Font post at the old site. Maybe see how many he can get in one post.
Personally I can’t stand them- Forbes has been doing that for years now. If its a moneymaker than its a non issue.