"These results provide some sign that the retail recovery will persist despite wealth declines, economic uncertainties and shifting shopper behavior," says Frank Badillo, senior economist at Retail Forward.
Among the biggest gains: Neiman Marcus (7.8 percent), Zumiez (7.1 percent), Saks (5.8 percent), Limited Brands (5 percent), Ross Stores (5 percent), TJX (4 percent), Nordstrom (3.7 percent), Kohl's (3.5 percent) and Target (1.3 percent).
Among the biggest declines: Hot Topic (-9 percent), Duckwall-Alco (-9 percent), Buckle (-5.4 percent), Stein Mart (-4.5 percent) and JCPenney (-1.8 percent).
For a list of the retailers reporting and their results,click here.
Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes, it’s completely free.