NEW YORK-- Summary of revenue at stores open at least a year in May for clothing chains, with percentage increase or decrease over the same month last year. The Buckle Inc. 4.1 pct. Stein Mart Inc. 8.2 pct.
LYNNWOOD, Wash.-- Zumiez said Thursday that revenue at stores open at least a year rose 1.1 percent in May, but the increase was smaller than Wall Street expected. Zumiez Inc., which sells surf- and skate-themed clothing, footwear, equipment and accessories, said that total revenue for the four weeks ended June 1 climbed 16.7 percent to $43.6 million.
Wall Street analysts got ahead of themselves with upbeat expectations, said AlixPartners' Managing Director Steve Nevill, noting that unemployment remained high, and consumers were still worried about their prospects.
*Costco, L Brands miss estimates. May 9- Costco Wholesale Corp and Victoria's Secret parent L Brands Inc reported smaller-than-expected sales gains in April, when consumer mood swooned on concerns about the job market recovery.
*Buckle, Zumiez shares rise as sales top views. That was less than the 4.3 percent increase Wall Street expected. Wall Street got ahead of itself with upbeat expectations, said AlixPartners' Managing Director Steve Nevill, noting that unemployment remained high and consumers were still worried about their prospects.
*TJX, Costco miss estimates; Ross Stores, L Brands beat. April 11- Several top U.S. retailers, including Costco Wholesale Corp and T.J. Maxx parent TJX Cos Inc, reported weaker-than-expected March sales as cold weather and lingering concerns about the job market chilled shoppers' enthusiasm.
April 11- Costco Wholesale Corp reported a slightly smaller-than-expected jump in same-store sales in March on Thursday, hurt by weak international results and lower gas prices, while Victoria's Secret parent L Brands Inc reported better-than-expected sales at all of its chains.
*TJX, Costco miss estimates; Ross Stores, L Brands beat. Several top U.S. retailers, including Costco Wholesale Corp and T.J. Maxx parent TJX Cos Inc, reported weaker-than-expected March sales. Costco's sales at stores open at least a year were up 4 percent, less than the 5.2 percent jump analysts expected.
*Dow hits third straight intraday record high. NEW YORK, March 7- U.S. stocks closed modestly higher on Thursday, with the Dow ending at a record for a third straight day as jobless claims data pointed to a pick-up in the labor market's recovery a day before the closely watched payrolls report.
*Gap shares surge after Feb sales, Zumiez falls. NEW YORK, March 7- U.S. stocks rose modestly on Thursday, with the Dow hitting its third straight intraday record as jobless claims data pointed to a pick-up in the labor market's recovery a day before the closely watched payrolls report.
*Costco same-store sales up 6 percent; Gap up 3 percent. March 7- Gap Inc and Costco Wholesale Corp were among several U.S. chains on Thursday to report stronger-than-expected sales for February, when consumer confidence about an improving job market offset the impact of higher taxes.
*Costco comparable sales up 6 percent, Limited up 3 percent. March 7- Victoria's Secret parent Limited Brands Inc and Costco Wholesale Corp were among several U.S. chains on Thursday to report stronger-than-expected sales for February, when consumer confidence about an improving job market offset the impact of higher taxes.
*Costco February comp sales up 6 percent, Limited up 3 percent. March 7- Victoria's Secret parent Limited Brands Inc and Costco Wholesale Corp reported better-than-expected sales for February, when consumer confidence about an improving job market offset the impact of higher taxes.
*January sales at Macy's, Target, Costco exceed Wall Street views. *Kohl's beats but does not raise profit forecast. Macy's Inc, whose shares rose 0.4 percent, was an exception.
President Barack Obama "essentially fired" Fed Chairman Ben Bernanke in televised remarks this week, former Federal Reserve Governor Laurence Meyer says.
Tuesday, 18 Jun 2013 | 6:00 PM ETHow to approach the Fed's monetary decision, with Mad Money host Jim Cramer.
Tuesday, 18 Jun 2013 | 12:01 PM ETThe Federal Reserve won't change course on quantitative easing this week, Steve Weiss of Short Hills Capital says.