Insightful analysis and commentary for the US and global equity investor
Contributors: Douglas McIntyre Jon C. Ogg

Previous Posts

Friday, September 01, 2006

Retail Beat

By William Trent, CFA of Stock Market Beat

Personal income in July was $11,015.2, up 0.5% from June. Nominal personal consumption expenditures (PCE) rose 0.8%, while real PCE increased 0.5%. Nominal disposable personal income (DPI) rose 0.7% while real DPI increased 0.3%. The personal savings rate as a percentage of DPI was -0.9% in July.

The Good


Abercrombie and Fitch (ANF)

Bebe, Inc (BEBE)

The Bad

Gap Stores (GPS)

Jos. A. Bank (JOSB) (Watch List)

Pacific Sunwear (PSUN)

JC Penney (JCP)

The Verdict

Slowdown? Maybe. But if you have the right merchandise consumers will still spend more than they earn.

Powered by Blogger