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Jump Analysis Archive: 
February Retail Sales Miss Estimates
Mar 09, 4:35 AM EST
Two-thirds of the retailers reported sluggish same-store sales amid rough and choppy shopping in February.
Most of the retail companies released same-store sales below Wall Street estimates, as unseasonably cold weather in February dampened lightweight apparel sales. Retailers posting disappointing results included Wal-Mart Stores Inc.,Costco Wholesale Corp. and numerous apparel stores like Abercrombie&Fitch Co. However, luxury apparel retailer Nordstrom Inc. posted stronger-than-expected same-store sales.
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