Same Store Sales Winners and Losers
By: As of 9:12 this morning, 100% of retailers tracked by Thomson Reuters have reported same store sales. Here is a breakdown of where things stand:
- Beat estimates - 78% vs. 46% last month
- Met estimates - 4%, same as last month
- Missed estimates - 19% vs. 50% last month
Per the chart below, teen apparel had the biggest surprise to the upside while drug stores had the highest growth overall.
Teen retailers were also on the top of the winners and losers lists. Aeropostale was up the most while Abercrombie and Fitch had the worst reported numbers, with sales down 18%. ARO was also the biggest surprise to the upside.
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As of 9:12 this morning, 100% of retailers tracked by Thomson Reuters have reported same store sales. Here is a breakdown of where things stand.
