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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
SMRT same store sales came in at 5.9 percent, well above the anticipated 2.8 percent, while The Gap
GPS same store sales came in at 5.0 percent, above the projected 3.6 percent
Target
TGT also released its numbers, coming in flat at 0.0 percent, below the expected 1.3 percent, while Macy's
M was reported at 4.1 percent, beating the projected 3.7 percent.
Fred's
FRED reported its December same store sales at -4.2 percent, while Zumiez
ZUMZ came in at -1.0 percent, beating the anticipated -3.5 percent.
Tandy Leather Factory
TLF released its same store sales, coming in at 8.0 percent, while Rite Aid
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did not post such impressive growth as it reading came in at -2.9 percent.
Ross Stores
ROST released same store sales as well, coming in at 6.0 percent, while Kohl's
KSS came in at 3.4 percent.
Finally, Barnes & Noble's
BKS same store sales came in at -8.2 percent.
Following the releases, the Spyder retail EFT
XRT traded up slightly, rising 0.05 percent to $62.85.
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