Updated from 1:22 p.m. EDT
A host of retail chain stores reported monthly sales results for May Thursday, with many names, especially discount retailers, posting strong numbers.
, the world's biggest store operator, said same-store sales climbed 3.9% in May, excluding fuel sales, total sales advanced 9.8% to $31.04 billion. The discount operator believes some of sales strength is due to the recent release of federal stimulus checks.
Looking forward, the discount retailer expects same-store sales of 2% to 4% in June. The stock was trading up 3.4%.
reported net sales of $5.77 billion, up 12% from the same period last year. Same-store sales rose 9% in May. Costco shares were up 3.5%.
BJ's Wholesale Club
reported a same-store sales rise of 13.4% in May, including a contribution from sales of gasoline worth 6.6%. Total May sales increased 15.9% to $824.3 million. The stock edged down 0.3%.
, however, said last month's comparable sales eased 0.7%. Net sales for the month increased 5.5% to $4.56 billion. The stock traded up 1.1% after an earlier slide.
reported comparable-store sales decreased 4.4% in May, vs. a 0.9% decrease a year ago. Total sales in May decreased 2.4% to $1.3 billion. Looking forward, the department store retailer expects a mid-single digit decrease in June same-store sales, compared to a 0.7% decrease in last year's June period. Shares were up 3%.
Fellow department store chain
posted 7.2% decline in May same-store sales over last year, but total sales rose 1.2% to $1.21 billion. The stock rose 3.6%.
( HOTT) posted a 0.2% drop in May store sales, vs. a 6.1% drop in May 2007. Total sales rose 5% to $47.4 million. The stock, which received an upgrade from Friedman Billings of market perform to outperform this morning, was climbing 18%.
Fellow teen-apparel retailer
said same-store sales in May increased 6%, compared to a 2% rise in the same period a year ago. The stock was roughly flat in recent trading Thursday.
On the other hand,
posted a 9% drop in May same-store sales, compared to a 5% increase in May last year. Shares, however, were up 1.5%.
same-store sales dropped 14%, compared to a 3% drop in May of last year. Net sales came to $1.09 billion, down 8% from May of last year. The stock, however, edged up 0.2%.
, which operates such brands as Victoria's Secret and Bath & Body Works, reported comps were 6% below the same month in 2007. The stock declined was roughly flat.
This article was written by a staff member of TheStreet.com.