*SCALPSWINGSTRADDLE*

[Zephyr]

ICSC-Goldman Store Sales - better than expected
Released On 6/4/2013 7:45:00 AM For wk6/1, 2013
Prior Actual
Store Sales - W/W change -0.9 % 1.9 %
Store Sales - Y/Y 2.8 % 4.3 %
Highlights
Store sales burst higher last week, up 1.9 percent for year-on-year same-store growth of 4.3 percent which is the highest rate since May last year. ICSC-Goldman attributes the jump to pent-up demand going into the Memorial Day weekend. But the report notes that sales this spring have been up and down and it warns that the strengthening may not last. ICSC-Goldman is holding to its full-month May forecast for a year-on-year gain of 2.0 to 3.0 percent, which doesn't point to monthly growth from April when ICSC-Goldman's rate came in at 3.0 percent. Redbook will post its weekly results later this morning at 8:55 a.m. ET.