CHICAGO (Reuters) - holiday season yet yielded few surprises Tuesday, naughty and nice, showing that the economic recovery in the United States is not strong enough to lift all retailers.
Talbots Inc (TLB).(N) said that his loss in its fiscal year fourth quarter would be deeper that its previous forecast of worse, as he had done to cut prices in the last two weeks from December to January, because women were avoid clothes.
Sears Holdings Corp. (SHLD)(O), meanwhile, predict a profit in the fourth quarter than Wall Street expectations as the sales of toys, home and sports helped limit decline in comparable store sales overall fueled by the weakness of equipment and clothing.
The top high-end Jewellers fared better, with Tiffany & Co (TIF).(N) saying sales increased 11% in November and December and raising its forecasts throughout the year. Bookmark (GIS).(N) a given strength to its chain of Jared high range.
Tiffany and bookmark actions were slightly, while actions Sears have increased by more than 9%. Talbots dived by 17%, while the Standard & Poor retail index rose by 0.3%.
Sales results and forecasts were the latest sign that only some retailers are positioned to grow in an economy that is struggling to create jobs. Spending accounts for about 70% of the American consumer economy.
"Compelling products sold," strategies of Wall Street analyst Brian Sozzi said, noting that Tiffany had a few interesting items in stock during the holidays.
But "Talbots sells clothing of contents at this stage, first women," said Sozzi.
READY TO STOP SHOPPING
Last week, retailers posted sales of December which falls short of analyst expectations which had increased after a fort for the holiday shopping season. Still, sales at stores open at least a year because their best performance since the beginning of the recession.
Many analysts also expect consumers to stop spending now and save up to new shop in spring. Sales of chain stores in the U.S. fell 3.2% at the end of week ending January 8, compared to an increase of 0.4% the week before, according to the International Council of Shopping Centers and Goldman Sachs.
On Tuesday, said Talbots sales at stores open at least a year fell by 6% in the fourth quarter, which ends on January 29. Now, the retailer expects loss of adjusted in the fourth quarter, compared with its previous forecast of a range of loss of 5 cents a gain of 3 cents per share from continuing operations of 15 cents to 19 cents.
Sears, meanwhile, is still struggling against competition from mass as Wal-Mart Stores Inc. (WMT) Merchant(N), especially in areas such as electronics. Sales at Sears domestic stores open at least a year fell by 6% in December, while the Kmart discount stores comparable store sales increased 2.3%.
But the company, led by Edward Lampert, hedge fund manager sees the remuneration on the one hand from $3.39 to $4.12 for the fourth quarter ending January 29. On average, analysts expect earnings of 3.09 cents $ per share, according to Thomson Reuters I/B/E/s
"I think that Sears is more indicative of what they did on spending," said Sozzi. I just Don ' t think that they are a gainer in market share in this environment. "
Credit Switzerland analyst Gary Balter says Sears profit will benefit from a lower tax rate than expected.
(Statement by Brad Dorfman, editing by Dave Zimmerman)
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