Thursday, July 7, 2011

Passion for Stocks and Life: June 2011 Same Store Sales Scorecard

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Coke wrote on retail same store sales of June:
"...................................Leading the way were luxury and strong brand name retailers. Luxury departmental stores such as Neiman Marcus and Saks 5th Ave (SKS), strong brand superstore such as Costco (COST) and women's clothes, Limited Brands (LTD) whose flagship lingerie stores, Victoria's Secrets reaped a 17% rise in same store sales, all reported double digit same store sales growth.......................will the relief in gasoline and raw material prices be enough and in time to score a good report card for retailers in the summer?"

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