NEW YORK (TheStreet) -- June retail same-store sales expectations were mediocre heading into Thursday's results, but so far companies are topping forecasts.
June is typically the month when retailers up their discounts in an effort to make way for back-to-school merchandise. This, coupled with historically weak mall traffic, was expected to result in a choppy overall performance for the sector.
Ross Stores: (ROST) up 5%
Nordstrom: (JWN) up 7.9%Saks: (SKS) up 11.9% J.C. Penney (JCP) up 2% Macy's: (M) up 6.7% Target: (TGT) up 4.5% Buckle: (BKE) up 10.8% Gap: (GPS) up 1% BJ's Wholesale: (BJ) up 7.3% Wet Seal: (WTSLA) up 7.3% Dillard's: (DDS) up 6% Zumiez: (ZUMZ) up 9.8% Hot Topic: (HOTT) up 0.4% Limited Brands (LTD) up 12% Costco Wholesale (COST) up 14% -Reported by Jeanine Poggi in New York. Follow TheStreet.com on Twitter and become a fan on Facebook.
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