Same-Store Sales By the Numbers

March retail sales surge 9.9% according to TheStreet's tally.
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NEW YORK (

TheStreet

) -- Retailers posted their best monthly same-store sales performance in 16 years, averaging a 9.9% surge according to

TheStreet's

tally.

Of the 26 companies tracked, 24 topped Wall Street's forecast. Only two --

Abercrombie & Fitch

(ANF) - Get Report

and

J.C. Penney

(JCP) - Get Report

-- missed expectations.

Discounters, which include

Target

(TGT) - Get Report

,

Costco

(COST) - Get Report

and

TJX

(TJX) - Get Report

, among others, posted an average gain of 7.8%, according to

TheStreet's

tally. Specialty retailers like

Gap

(GPS) - Get Report

,

American Eagle Outfitters

(AEO) - Get Report

and

Limited Brads

(LTD)

, grew 10.8%, while department stores soared 10.9%.

The weakest category was drugstores, which inched up just 1.1%.

-- Reported by Jeanine Poggi in New York.

RELATED STORIES:

>>Retailers Rule March - But What About April?

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