The Most Comprehensive Same-Store Sales Recap Of April 7, 2011 Ever

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March same-store sales have been released for the retail sector and overall the results are positive, with the majority of reports exceeding the Street consensus. Factors stated by retailers as affecting March's numbers include this year's Easter timing three weeks later in 2011 than in 2010, the crisis in Japan, inflation in gasoline prices, and cooler weather. Many companies are hopeful that next month's sales will exceed expectations as consumers prepare for Easter and temperatures rise. Ross Stores
ROST
reported March same-store sales of -1.0% versus the -1.6% Street consensus. Nordstrom Stores
JWN
reported March comparable store sales of +5.1% . JC Penny
JCP
reported March Sales of -.3% versus the -3.9% Street consensus. Saks
SKS
reported March same-store sales of +11.1% versus the +2.3% Street consensus. Kohl's
KSS
reported same-store sales of -6.5% versus the -9.1% Street consensus. Ross Stores
ROST
reported March same-store sales of -1.0% versus the -1.6% Street consensus. Duckwall-ALCO Stores
DUCK
reported comparable store sales, excluding fuel sales, of +0.4% year-over-year. Tandy Leather Factory
TLF
reported comparable store sales of +9% year-over-year. PriceSmart
PSMT
reported March net warehouse club sales increased +16.6% year-over-year to $139.2 million. Stein Mart
SMRT
reported March same-store sales of -3.9% versus the -2.0% Street consensus. Dillard's
DDS
reported March same-store sales of -1.0% versus the -3.8% Street consensus. BJ's Wholesale
BJ
reported March same-stores sales of +5.3% versus the Street consensus of +2.5%. Gap
GPS
reported March same-store sales of -10% versus the -7.3% Street consensus. Target
TGT
reported March same-store sales of -10% versus the -7.3% Street consensus. Macy
M
reported March same-store sales of +0.9% versus the -3.6% Street consensus. Bon-Ton Stores
BONT
reported March same-store sale of -6.1% versus the -8.5% Street consensus. Haverty Furniture
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HVT
reported March same-store sales of +0.6%. Zumiez
NAS
reported March same-store sales of +8.9% versus the +3.2% Street consensus. bebe
BEBE
reported fiscal quarted ended April 2,2011 same-store sales of -.7% compared to a decrease of -11.2% in the prior year. Wet Seal
WTSLA
reported March same-store sales of +4.7% versus the -1.0% Street consensus. Buckle
BKE
reported March same-store sales of +8.4% versus the -1.2% Street consensus. Limited
LTD
reported March same-store sales of +14% versus the +1.1% Street consensus. Cato
CATO
reported March same-store sales of -9.0% versus the -10.3% Street consensus. Destination Maternity
DEST
reported March same-store sales of -3.0%. Pier 1 Imports
PIR
reported Q4 comparable store sales of +8.9%. Stage Stores
SSI
reported same-store sales of -5.3% versus the -4.5% Street consensus. Costco
COST
reported same-store sales of +13% versus the +7.4% Street consensus. Excluding the effects of gasoline price inflation and strengthening foreign currencies, comparable sales for US were +7%; International +11%. Fred
FRED
reported March comparable store sales of +0.7% versus the +1.6% Street consensus. Hot Topic
HOTT
reported March same-store sales of -5.0% versus the -5.6% Street consensus. Overall, today's reports reveal that most retailers beat estimates. In general, March sales were stronger than most analysts had predicted.
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