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May sales likely to suggest still uneven spending

"A downward revision of this magnitude typically does not bode well for (same-store sales) and tends to presage a negative surprise," said Ken Perkins of Retail Metrics, adding department stores and teen apparel retailers fueled the estimate... Last week, trade group International Council of Shopping Centers also lowered its May sales forecast to an increase of 2% to 2. May was the ninth coolest and the seventh wettest in at least the past 18 years, according to Weather Trends International. 1 percentage points at the start of May to a projected 2. That followed a disappointing April after the industry posted positive surprises for four straight months prior to that. Retailers will record their Memorial Day sales in June, with the holiday falling a week later this year from last year. Analysts' May same-store sales estimates have declined throughout the month by 1.

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I'm a (relatively) hip mom who *loves* fashion at a (steep) discount and I save a TON of money on the things my family NEEDS, like food and toiletries, so I have the money to splurge on the things we WANT- like vacations, clothing, and a healthy... I'm a soccer mom, a PTA parent, I have a full time job, 3 kids, more laundry to do than you can possibly imagine, 2 dogs, 2 cats and a husband who runs his own business-- if I can find the time to do the couponing/frugal thing-- anyone can. I'm a new generation of coupon clippers-- I'm NOT a frumpy housewife, nor am I splitting toilet paper from 2-ply into 1-ply to save money. I'm a mom of 3 fantastic kids who has champagne tastes and a tap water budget.

Jim Cramer Gives His Advice On SIRI, LINTA, DISCA, DIS, RMBS, INTC, AEO, ARO, ANF

  1. Those whose same-store sales exceeded estimates included Aeropostale and Ross Stores. Aeropostale climbed 1.62, or 5.7%, to 30.01.
  2. (NYSE: ANF) over American Eagle Outfitters (NYSE: AEO). He believes that investors should buy Aeropostale (ARO) on the way down.
  3. Teen retailer Aeropostale Inc. (NYSE:ARO) said the Memorial day shift will likely hurt sales in May by about 5 percentage points while upscale retailer

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Jun 06, 2010
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Jun 06, 2010
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Cody Lamon says:
Jun 06, 2010
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