Sorry, profi, that's not my area. Some news:
RETAIL STOCK OUTLOOK: DLJ E.R. December Retail Sales
10:38am EST 8-Jan-98 DLJ Securities (Gary Balter)
Wal-Mart# Reported Comp: DS-7.0%, Sam-8.1% These were some of the best
sales we have seen from WMT in some time. However, they were a little
more promotional than expectation because the sales came late. In
addition labor costs were higher because of the minimum wage increases
effect on the seasonal help. This stock should continue to be a good
stock as it represents the safety that investors are looking for as they
search out retailers.
-----------------------------------------
Dec. Retail Sales Summary: ANN FD GPS KM JCP S WMT
Dow Jones News Service via Dow Jones
The following companies are among those reporting December retail sales
Thursday morning:
Same-
Total Store
AnnTaylor ANN (5.5%) (10.1%)
Federated Dept Stores FD 0.2% 1.0%
Gap Inc. GPS 29.0% 10.0%
K Mart Corp. KM 0.2% 2.9%
Penney (J.C.) Inc. JCP 8.0% (2.3%)
Sears, Roebuck & Co. S a. 5.4% a. 7.8%
Wal-Mart Stores Inc. WMT 16.8% 7.0%
------------------------------------------
Wal-Mart Stores Sales -2: 48-Wk Same-Store Sales Rose 6.8%
Dow Jones News Service via Dow Jones
BENTONVILLE, Ark. (Dow Jones)--Wal-Mart Stores Inc. (WMT) December same-store
sales rose 7% from last year.
In a press release Thursday, the retail company said total sales for Wal-Mart
for the five-week period ending Jan. 2 rose 16.8% to $16.5 billion from $14.13
billion last year.
Total company same-store sales, including Sam's Stores, for December rose
7.2%.
For the 48-week period ending Jan. 2, Wal-Mart same-store sales rose 6.8%.
Total sales for the year-to-date period rose 13% to $110.07 billion.
Sam's Clubs same-store sales for the five-week period rose 8.1%. Sam's Club
December total sales rose 9.2% to $2.52 billion from $2.31 billion last year.
Sam's Club sales same-store sales rose 3.8% for the 48-week period, while
total sales rose 4.6% to $19.13 billion from a year ago.
Total company same-store sales for the 48-week period rose 6.1%.
As of December 31, 1997, Wal-Mart had 1,904 Wal-Mart stores, 436 Supercenters,
and 444 SAM'S Clubs in the U.S. |
