Dhanya's Feed
May 4, 2010

Check Out Line: A mixed bag of consumer news

Check out

a mixed bag of results from the consumer world.

Investors looking for yet another clue to gauge the strength of the U.S. consumer spending recovery might find some solace in online retailer Overstock’s results and women’s apparel retailer Ann Taylor’s strong first-quarter outlook.

Overstock, which sells excess inventories of clothing, accessories, furniture and other items, recorded a 42 percent rise in quarterly sales, while Ann Taylor forecast a same-store sales rise of 11 percent in its latest first quarter.