This story has been updated with closing stock prices.
NEW YORK (
) - Retail stocks, for the most part, retreated Friday as consumer sentiment data declined.
and the University of Michigan preliminary index of consumer sentiment fell to 82.7 in June from 84.5 the prior month, which was the highest since July 2007, according to
Retail stocks posted strong gains on Thursday after the Commerce Department released figures showing May retail sales were better-than-expected.
May Retail Sales Beat Estimates (Update 2)
U.S. food and
rose 0.6% in May from April to $421.1 billion, according to the latest Commerce Department figures ahead of Wall Street expectations of a 0.4% rise.
Excluding autos, retail sales rose 0.3% from April 2013, in line with estimates of 0.3% growth and 3.4% above last year.
Bucking the general malaise in the sector on Friday was
(RH - Get Report)
, which rose on better-than-expected earnings.
Shares surged 16.1% to $68.47 after the home-furnishing company hiked its current quarter outlook and reported first-quarter earnings that beat expectations by 2 cents at 6 cents a share. Revenue also topped estimates as same-store sales soared by 41% in the first quarter. The company also announced RH Kitchen and Tableware, which will cater towards "kitchen furniture, appliances, lighting, cookware, tools and food," the company said in a press release.
Who Will Fit The CEO Pants At Lululemon?
Bed, Bath and Beyond
shares ended the day flat at $71.07.
(BBY - Get Report)
fell 2.5% to $26.87. The Richfield, Minn.-based electronics retailer unveiled a Windows Store partnership with
that mirrors a similar concept it's already rolled out with
said Thursday it will create Windows stores within 600 of the company's stores, about 100 of those in Canada, in a partnership with Microsoft.
(LULU - Get Report)
shares fell 1% to $66.15.
stock tanked 17% this week after CEO Christine Day said she was leaving the athletic apparel company once her replacement was found.
(JCP - Get Report)
shares dropped 4.2% to $17.38 on Friday.
(ZUMZ - Get Report)
stock fell 2% to $29.70.
-- Written by Laurie Kulikowski in New York.
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