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Is Less Severe Good Enough for Retailers?
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News Editor
So the big question for retailers is: Is less worse good enough?
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After months of dismal sales reports, retailers are likely to report a less severe drop-off in monthly same-store sales growth, and investors are seeing this as good news for stocks.
Bu that take on the sector might be premature, warn several analysts.
Many chain-stores will report their monthly sales reports on Thursday. According to Thomson Reuters, analysts on average are expecting sales in March to be down 1 percent.
Discounters such as Wal-Mart Stores [WMT
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] are once again expected to post solid sales gains, while high-end retailers like Saks [SKS
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] and Nordstrom [JWN
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] are expected to see steep double-digit sales declines.
Retailers such as The Buckle [BKE
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], Hot Topic [HOTT
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]and Aeropostale [ARO
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] that cater to teens also may see healthy growth.
Data is a real-time snapshot *Data is delayed at least 15 minutes
