LONDON, July 30, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
As per a report from the International Council of Shopping Centers, US retail sales receipts climbed 1.4% in the week ended July 19, 2013. The report noted that the summer clearance sales and hot weather led to a robust week in retail. Meanwhile, consumer confidence in the US rose to a six-year high, according to another report released last week. The improvement in retail sales and consumer confidence is likely to benefit department stores such as J.C. Penney Company Inc. (NYSE: JCP), Saks Inc. (NYSE: SKS), Dillard's Inc. (NYSE: DDS), and Sears Hometown and Outlet Stores Inc. (NASDAQ: SHOS). Shares in department stores ended on a mixed note on Monday, July 29, 2013, even as the broader market slipped. AAAResearchReports.com tracked JCP, SKS, DDS, and SHOS. These reports can be seen for free at:
Shares in J.C. Penney Co. Inc. ended slightly higher on Monday, extending their gains from previous trading sessions. The company's shares oscillated between $16.32 and $16.73 before finishing the day 0.18% higher at $16.52. A total of 4.73 million shares were traded, which is below the daily average volume of 6.42 million. J.C. Penney's shares have gained 3.77% in the last three trading sessions as compared to a loss of 0.04% in the S&P 500. Download free research on JCP by signing up now at:
Saks Inc.'s stock rose sharply on Monday even as the broader market struggled. The company's shares ended the day 4.18% higher at $15.95 after oscillating between $15.80 and $15.95. A total of 66.77 million shares were traded, which is substantially above the daily average volume of 2.26 million. The stock has gained 16.94% in the last one month and 39.18% in the last three months as compared to a gain of 4.92% and 5.76% in the S&P 500 during the respective periods. Register for today's free analysis on SKS at:
Shares in Dillard's Inc. edged lower on Monday, extending their losses from previous trading sessions. The company's shares fluctuated between $81.49 and $82.25 before ending the session 0.34% lower at $81.56. A total of 168,147 shares were traded which is below the daily average volume of 389,995. The stock has fallen by 1.32% in the last three months, underperforming the S&P 500 as compared to a gain of 5.76% in the S&P 500. A free report on DDS can be accessed by registering at:
Sears Hometown and Outlet Stores Inc.'s stock moved lower on Monday, reversing some of its recent gains. The company's shares oscillated between $42.71 and $43.90 before closing the day 1.01% lower at $43.22. A total of 42,529 shares were traded, which is below the daily average volume of 203,157. The stock has fallen by 2.04% in the last three months, underperforming the S&P 500. Register with AAA Research Reports and download research on SHOS for free at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
SOURCE AAA Research Reports