ICSC-Goldman Store Sales
Released On 11/5/2013 7:45:00 AM For wk11/2, 2013
Prior Actual
Store Sales - W/W change -0.4 % -0.6 %
Store Sales - Y/Y 2.2 % 1.9 %
Highlights
Growth is soft in ICSC-Goldman's chain-store sample where the year-on-year same-store sales rate of plus 1.9 percent is down 3 tenths from the prior week. The 4-week average is unchanged at plus 2.1 percent which, despite being very soft, is still slightly higher than the month-ago trend which hints at monthly improvement for the government's ex-auto ex-gas reading in the October retail sales report. The year-on-year rate in Redbook, which will be posted later this morning at 8:55 a.m. ET, has been stronger than ICSC-Goldman's rate but Redbook's full month October-to-September comparison has been pointing to weakness, not strength.