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Eight of the 13 categories highlighted in the release saw increases from a month ago. Sales at food services and drinking places increased by 1.6% while sporting goods picked up 1.3%.
Retail sales rose 0.4% in April from the previous month, representing only half of the growth that Wall Street had expected. Economists had projected sales would rise 0.8% over the prior month ...
Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, gaining 0.4% in April. Sales rose 3.0% year-on-year in April.
October retail sales were down 4.1% from October 2007 and down 2.8% from September 2008 with sales of cars and auto parts leading the way with a 23.4% decline from October 2007, and a 31.9% decline from September 2008. [3]
Excluding autos and gas, retail sales declined by 0.1% last month; expectations had been for a 0.1% increase. Nonstore retailers, which includes online sales, led the declines, falling 1.2% from ...
Target saw its net sales drop 3.1% from a year ago to $24.5 billion in the first few months of 2024, and missed earnings estimates, with diluted earnings per share coming in at $2.03, compared ...
A fresh reading on that trend is set to greet investors on Wednesday with the April retail sales report. Economists expect that retail sales increased 0.4% in April from the prior month, down from ...
Retail sales rose 0.3%, in November from October, when sales fell 0.2% according to the Commerce Department on Thursday. Sales were expected to decline again in November due to a myriad of issues ...