Redbook has released its weekly report on chain store sales.
Same-store sales increased 3.2% in week 19 compared to the same period a year ago, according to Redbook Chain Store Sales. It marked a retreat after three weeks of acclerated growth in sales. The slowdown was the result of fewer auto, gas and retail sales.
Compared to the previous week, it marked a 1.7% deceleration. In the previous week, same-store sales stood at 4.9%. Sales experienced the “fastest growth pace of the year,” Redbook Chain Store Sales informed.
The gain of the entire month was about 4%. That compared to the same period in 2017, which represented a 0.9% decline.
On the heels of the weekly report on retail sales, Costco Wholesale Corp. (COST, Financial) went down 0.33% to $198.79 per share.
The stock is up 6% this year and has a price-book ratio of 7.43%, a price-sales ratio of 0.65 times and a price-earnings ratio of 29.61 times.
Costco has a forward dividend of $2.28 per share that yields 1.14%.
The recommendation rating is 2 out of 5. The average target price is $210.13 per share.
L Brands, Inc. (LB, Financial) went down 0.18% to $33.99 per share. The stock has a market capitalization of $9.48 billion and has fallen 43% this year.
The stock has a price-sales ratio of 0.77 times and a price-earnings ratio of 9.94 times. The recommendation rating is 2.7 out of 5. The average target price is $44.88 per share.
The forward dividend is $2.4 per share for a yield of 6.63%.
The Gap, Inc. (GPS, Financial) closed 0.16% up to $31.75 per share and has a market capitalization of $12.361 billion. The stock in The Gap went 7% down, so far this year.
The stock in The Gap has a price-book ratio of 3.93 times, a price-sales ratio of 0.79 times and a price-earnings ratio of 14.84 times. The recommendation rating is 3 out of 5. The average target price is $34.02 per share.
The forward dividend and yield is 97 cents.
American Eagle Outfitters, Inc. (AEO, Financial) dropped 2.68% to $22.16 per share. The stock has a market capitalization of $3.904 billion. American Eagle Outfitters has climbed 16% this year.
The stock in American Eagle Outfitters has a price-book ratio of 3.15 times, a price-sales ratio of 1.05 times and a price-earnings ratio of 19.44 times. The recommendation rating is 2.5 out of 5. The average target price is $20.35 per share.
The forward dividend is 55 cents and yield is 5.54%.
(Disclosure: I have no positions in any stock mentioned in this article.)
