Retailers Post Mixed Weekly Sales - TheStreet

Retailers reportedly presented a mixed picture of demand in the latest week and kept February forecasts cautious, amid economic and geopolitical uncertainty.

Wal-Mart Stores

(WMT) - Get Report

said last week's sales fell short of its forecast, but that it expects February same-store sales to be up 2% to 4%, according to media reports.

J.C. Penney

(JCP) - Get Report

said sales were slightly above its forecast last week, and that it expects February same-store sales to be little changed from a year ago, when it reported a 12.5% rise.

Federated Department Stores

(FD)

estimated that February sales would be down by 4% to 5%, but it didn't divulge sales figures for the latest week.

Wal-Mart shares were down 0.6% at $46.53 in early trading, while Federated shares were down 0.7% at $23.74. J.C. Penney shares were down 1.8% at $18.32.