Benzinga’s Retail Sales Roundup (ANF, TJX, LTD, SKS)
February 04, 2010 9:45 AM
Abercrombie & Fitch Co. (NYSE: ANF) reported today net sales of $222.8 million for the month of January, a 16% increase from net sales of $191.5 million for the same period last year. January comparable store sales increased 8%. As a result, Abercrombie & Fitch Co. (NYSE: ANF) surged 5.32% to $33.85 in the morning trading hours. The 52-week trading range for ANF is $16.95 - $42.31. In the last six months, ANF has surged over 14%.
The TJX Companies, Inc. (NYSE: TJX) reported today that its January sales at stores open at least one year increased 12%. Analysts on an average had expected TJX same-store sales to rise 7.8%. Sales for the month of January increased 20% to $1.3 billion. TJX declined 0.08% to $38.73. The 52-week trading range for TJX is $19.33 - $40.64.
Limited Brands, Inc. (NYSE: LTD) reported today a comparable store sales increase of 6% for the month of January, as compared to the same period last year. Limited Brands reported net sales of $622.6 million for the month of January, as compared to net sales of $591.6 million in the same period last year. Limited Brands is currently trading at $20.20, 0.30% down in the morning trading hours. In the last six months, LTD has gained over 57%.
Saks Incorporated (NYSE: SKS) reported today that January sales at stores open at least 12 months increased 7%. Analysts had expected SKS to post a January increase of just 2.8%. Saks reported that total sales for the month of January increased 8% to $159 million. Saks Incorporated declined 1.04% to $6.67. In the last six months, SKS has gained over 24%.
