Minyanville has posted a great roundup of all of the retail sales reports for April. They’ve got comp percentages for just about everyone and snarky comments for about half. I love it.
Retailers benefitted from the late Easter and most were really able to drive sales through the roof. Great numbers for some of the chains, not so great for others. Department and discount stores mainly show positive results: Federated down .8, Target up 10.4, Wal-mart up 6.8, Kohls up 13.4, Jc Penny up 2.6, Dillards up 10, Nordstrom up 7.3. Teen specialty retailers continue to show positive results: Abercrombie up another 17, Aeropostale up 8.4, American Eagle up 19, Pacsun up 14. The rest of the mall is hit and miss with Ann Taylor up 10.9, Children’s Place up 22, Claire’s Stores up 9 but Gap continues it’s downward trend, down 3 and Hot Topic was down 6.5.
Generally a pretty positive month but those with few suprises in retailers who didn’t beat their estimates or show a positive trend.