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May Department Stores December Same-Store Sales Rose 1%

Author:

May Department Stores

(MAY)

said same-store sales in December rose 1%, in line with the results analysts' were expecting for the period.

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According to data from

TheStreet Recommends

First Call/Thomson Financial

, analysts expected the company to report a comparable-store sales increase of 1%. The retailer, which is based in St. Louis, said total sales for the five weeks ended Dec. 30 rose 3.8% to $2.86 billion from $2.75 billion in the prior year.

Shares of May recently gained 25 cents, or 0.7%, to $36.50 in

New York Stock Exchange

trading.