Amazing what a little bit of sunshine can do.
The weather warms up a bit, and suddenly consumers are buying lawn and garden equipment and spring and summer clothing.
Many U.S. retailers on Thursday posted improved sales for May, compared with a year earlier, as warmer weather erased the chill from a cold April.
Nordstrom, Bon-Ton, Costco and Limited were among the retailers that had better-than-expected sales.
But it wasn’t bright for everyone: teen retailers like American Eagle and Aeropostale missed Wall Street’s expectations. And Wal-Mart sales were at the low end of its plan, with the discounter saying that shopper’s worries about higher gas prices have increased.
The following table lists select U.S. retail companies that have reported May sales at stores open at least a year, a key retail measure also known as same-store sales.The table includes the range of mean estimates* given by analysts polled by Reuters, the average of those means#, and the actual change in same-store sales reported by the companies^.
All figures expressed in percentage change over the same period last year except number of estimates.
| MAY-07 | MAY-07 | ||||
| Analysts’ | same-store | No. of | same-store | ||
| Company | Symbol | estimates* | sales(est)# | Estimates | sales (act)^ |
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| Wal-Mart | 0.5 to 1.5 | 1.2 | 10 | 1.1** | |
| Target | 5 to 8 | 5.9 | 10 | 5.8 | |
| Costco | 2.8 to 7 | 5.4 | 11 | 7.0 | |
| BJ’s Wholesale | 0.5 to 3 | 2.0 | 8 | 4.1 | |
| TJX Cos. | 3 to 5 | 3.9 | 9 | 5.0 | |
| Dollar General | 2.5 to 3.5 | 3.0 | 8 | 4.1 | |
| Family Dollar | 1 to 2 | 1.8 | 9 | 2.5 | |
| Ross Stores | -1 to 2 | 0.9 | 7 | 1.0 | |
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| Kohl’s | 3 to 8 | 6.0 | 13 | 10.5 | |
| JC Penney | -2 to 2 | 0.2 | 11 | -2.0 | |
| Macy’s | -4 to 0 | -1.5 | 11 | -3.3 | |
| Nordstrom | 2 to 7 | 3.4 | 14 | 6.3 | |
| Saks | 10 to 18 | 13.7 | 8 | 37.5 | |
| Dillard’s | -3 to 1 | -1.4 | 7 | -2.0 | |
| Bon-Ton Stores## | -4 to 2.5 | -0.1 | 4 | 1.2 | |
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| Gap | -7 to 1 | -3.7 | 13 | -3.0 | |
| Limited | -3 to 1 | -1.5 | 12 | 2.0 | |
| Abercrombie | -5 to 2 | -1.7 | 14 | -5.0 | |
| Hot Topic^^ | -6 to -3 | -4.6 | 11 | -6.1 | |
| Chico’s FAS | -5 to 3.8 | -2.8 | 12 | -2.9 | |
| American Eagle^^ | 4 to 7 | 5.7 | 16 | 5.0 | |
| Aeropostale^^ | 3 to 7 | 4.8 | 9 | 1.9 | |
| Pacific Sunwear | 0 to 3 | 1.7 | 14 | 6.4 | |
| Ann Taylor | -6 to 1 | -3.2 | 10 | -4.6 | |
| Bebe | -7 to 0 | -2.6 | 10 | -3.0 | |
| Children’s Place | 1 to 6 | 3.0 | 7 | 4.0 | |
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| Sharper Image | -15 to -12.5 | -14.2 | 3 | -8.0 |
**For U.S. stores, excluding fuel. Including fuel, same-store sales rose 1.3 percent.
##Reported on Tuesday. Bon-Ton and Carson’s combined sales.
^^Reported on Wednesday.
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