For several teen retailers strong sales were driven by denim fashions.
Among other gainers were Abercrombie & Fitch (29 percent), American Eagle Outfitters Inc. (17.1 percent) and Bebe's same-store sales up at 40.3 percent, decisively beating respective forecasts.
At a 7.4 percent gain in same-store sales for the month, Nordstrom exceeded the 4.0 percent expected figure.
J.C. Penney Co. Inc. cross 2 percent forecast at 3.5 percent in its department stores gains.
For Federated and May Department Stores Co. warm weather apparel such as swimwear and sandals in parts of the country where cool weather lingered, sales forecast were hard hit.
An 8 percent same-store sales decline for Gap Inc. left the 3.3 percent Wall Street forecast simply off mark.
Neiman Marcus Group Inc. registered 11 percent rise in same-stores sales over the 6.2 percent analyst forecast.
marketing@alchempro.com
