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Jump Analysis: 
Costco, Wal-Mart Lead May Store Sales
Author: 123jump.com Staff
123jump.com
Last Update: 5:27 PM EDT June 05 2008


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May comparable store sales decreased 1%. Total Company direct-to-consumer net sales increased 35% to $17.3 million for the four-week period ended May 31, 2008, compared to the four-week period ended June 2, 2007.

Year-to-date, the Company reported a net sales increase of 8% to $1.033 billion from $957.4 million last year. Comparable store sales decreased 3% for the year-to-date period. Year-to-date, total Company direct-to-consumer net sales increased 42% to $79.8 million.

The TJX Companies, Inc. (TJX) reported May 2008 sales results. Sales for the four-week period ended May 31, 2008, were $1.45 billion increased 6% over the $1.37 billion achieved during the four-week period ended June 2, 2007. For the 17 weeks ended May 31, 2008, sales reached $5.9 billion, up 6% over the $5.5 billion achieved during the 17 weeks ended June 2, 2007.

Consolidated comparable store sales for the four-week period ended May 31, 2008, increased 2% over last year. For the 17-week period ended May 31, 2008, consolidated comparable store sales increased 3% over last year.

The Company operates 859 T.J. Maxx, 787 Marshalls, 296 HomeGoods, and 132 A.J. Wright stores, as well as 34 Bob’s Stores, in the United States. In Canada, the Company operates 196 Winners and 73 HomeSense stores, and in Europe, 229 T.K. Maxx stores and 6 HomeSense stores.

Dillard''s, Inc. (DDS) sales for the four weeks ended May 31, 2008 were $499.7 million compared to sales for the four weeks ended June 2, 2007 of $527.8 million. Sales decreased 5% in total stores.

Sales in comparable stores decreased 7% for the four-week period. Sales for the 17 weeks ended May 31, 2008 were $2.2 billion compared to sales for the 17 weeks ended June 2, 2007 of $2.3 billion. Sales decreased 5% in total stores. Sales in comparable stores decreased 6% for the 17-week period.
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