Market Features

Winners & Losers: Same-Store Sales

 

(Updated with ICSC data and stock.)

NEW YORK (TheStreet) -- While October same-store sales jumped 2.1%, in the strongest result for the metric since July 2008, there were still some unexpected winners and losers.

Out of the 28 companies tracked by TheStreet, 13 beat expectations while 12 missed forecasts.

Still, despite the big gain, retail shares were mixed, with the S&P Retail Index inching up just 1% to 385.56 in morning trading.

One of the biggest surprises was American Eagle Outfitter's(AEO) 5% same-store sales decline. Analysts were actually predicting a jump of 1.7%.

As a result, shares are plunging 12.8% to $15.57 in afternoon trading.

The teen retailer saw traffic slow toward the end of the month and offered fewer promotions than last year. Its men's category declined in the mid-single digit range, more than its women's category did.

American Eagle expects third-quarter earnings between 20 cents and 21 cents a share, slightly lower than the 22 cents Wall Street is forecasting.

Aeropostale(ARO) posted a 3% increase, significantly below analysts' forecast of a 13.8% surge.

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,393.45 1,310.33 2,827.34 15.81
Oil *
101.78
DOWN
26.41
DOWN
2.99
DOWN
10.02
DOWN
0.44
10 Yr
1.58%
SPDR Gold
151.62
-0.21%
-0.23%
-0.35%
-2.71%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet