Apple: April Didn't Rain Out This Retailer
By Stephen Rosenman:Every month 21 retailers report comparable store sales. Miss expectations and you're toast. Beat and you're a hero for a month. It can get tough out there: Witness American Eagle (AEO), Aeropostale (ARO), and Abercrombie & Fitch (ANF), all of which dropped the monthly reports. So did Wal-Mart (WMT).Indeed, it's tough. Brutal. This month was especially miserable. April same store sails were largely a wash-out. Kohl's (KSS), The Gap (GPS), and Walgreen (WAG) posted dismal numbers.Wouldn't it be nice to see one retailer trounce each month estimates each and every time? Post double digit gains every time?There is only oneComplete Story »
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