Same Store Sales Roundup January 3, 2013
Thursday was the first day of 2013 that retailers released same store sales numbers, giving investors a look at how the holiday season's sales would affect coming earnings.
First up, Steinmart (NASDAQ: SMRT) same store sales came in at 5.9 percent, well above the anticipated 2.8 percent, while The Gap (NYSE: GPS) same store sales came in at 5.0 percent, above the projected 3.6 percent
Finally, Barnes & Noble's (NYSE: BKS) same store sales came in at -8.2 percent.
Following the releases, the Spyder retail EFT (NYSE: XRT) traded up slightly, rising 0.05 percent to $62.85.
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