The Thomson Reuters Same Store Sales Index, which tracks the companies that will report monthly sales late Wednesday and early Thursday, is expected to rise 4.8 percent in February. That's on top of last February's 4.0 percent gain.
Stocks ended narrowly mixed in a lackluster session Thursday following a handful of mixed earnings reports, decline in weekly jobless claims and ahead of the government's monthly employment report due Friday morning.
Retailers reported mixed sales results in January, offering a signal that American consumers remain cautious amid a weak economic recovery.
Stocks rebounded from earlier losses to finish narrowly mixed Thursday, with the S&P adding small gains to the New Year rally, ahead of a key government employment report. Stocks had been under pressure earlier in the session amid ongoing jitters over the European debt crisis and a decline in the euro to its lowest level since September 2010.
Most U.S. retailers turned in solid finish to the holiday season, despite bargain-hungry consumers who put off their holiday shopping until the last-minute in order to snag the very best deals, and mild temperatures, which dampened demand for winter apparel.
Shares of the following companies are showing unusual moves in Thursday's trading session.
Take a look at some of Thursday morning's early movers:
S&P futures popped about 5 points as the ADP Employment Change for December came in much stronger than expected, at 325,000 jobs created, well above the consensus of 175,000. This bodes well for the December nonfarm payroll report, out tomorrow.
Futures slipped again Thursday even after a handful of encouraging data on the employment front as ongoing jitters over the euro zone's debt crisis kept investors from jumping in.
Retailers are expected to report healthy sales gains in December, as a last-minute flurry of shoppers scooped up marked-down merchandise.
Amid slumping consumer confidence, shoppers remained resilient, but retailers were reporting mixed results for September.
If you are searching for the pincer of the recent stock market correction, look no further than clothing retailers. A report from TheStreet lists five clothing retailers that are ripe for investors who want to buy quality at a low price.
Stocks plunged sharply Thursday, with the Dow down more than 500 points, in its worst one-day decline since December 2008. All three major averages tumbled into negative territory for the year as investors were rattled over an intensifying global economic slowdown and ahead of the widely-followed monthly unemployment report.
Many retailers outpaced Wall Street estimates for monthly sales in June, according to early reports out Thursday.
Do earnings reports from Gap and others signal that higher commodity costs are starting to hit companies where it hurts - on the bottom line?
The late timing of the Easter holiday helped retailers report April sales that outpaced analysts' estimates, however, there were some signs that consumers are facing increasing pressure from gas prices.
Retailers are expected to get a boost from a late Easter when they report their monthly sales on Thursday. The Thomson Reuters Same-Store Sales Index is expected to post an 8.4 percent increase in April, compared with April 2010's 0.7 percent gain. A rundown of the estimates.
A quarter of teenagers were jobless in March, even as the unemployment rate for the rest of the population decreased. This figure may only get worse if budget-strapped states raise the minimum wage.
Stocks closed well off the lows of the day after plunging in the wake of a powerful earthquake in Japan renewed investor fears about supply disruptions and the ongoing nuclear crisis, and as oil jumped above $110 a barrel. Caterpillar fell, while Home Depot rose.
Stocks continued to trade lower ahead of the close, failing to rebound entirely after another powerful earthquake in Japan renewed investor fears about supply disruptions and the ongoing nuclear crisis, and as oil jumped above $110 a barrel. GE and Cisco fell, while Home Depot rose.