SECTOR MONTHLY SAME STORE SALES
 

COMPARABLE SAME STORE SALES JULY 2008


Welcome to the new Global Credit Services "Interactive Graph Interface". This new graph enables the user to plot a company's performance against the best and worst performers in retail over the last two years. The Best of Breed may be a different company each month from those retailers who report monthly comparable store sales. This Interactive Graphing product allows the user to click on any company in the report and that company's results gets charted against the best and worst performers over this time period.

Industry Credit
Rating		 Company YTD Monthly Comp
Change - %		 Net Sales
(in millions)		 Sales
% Change
Jul Prior Year Jul Prior Year
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       



Companies Ranked by Industry

Credit
Rating		 Apparel Stores Monthly Comp
Change - %		 Net Sales
(in millions)		 Sales
% Change
Jul Prior Year Jul Prior Year
A+  BUCKLE INC,THE  20.90  7.60  57.00  44.30  29
B+  AEROPOSTALE INC  13.00  -11.90  138.80  111.70  24
C  FREDS INC  4.60  0.50  129.70  427.80  -70
B-  ROSS STORES INC  4.00  1.00  499.00  450.00  11
B-  TJX COMPANIES INC  3.00  5.00  1400.00  1300.00  8
E+  MOTHERS WORK INC / MOTHERHOOD MATERNITY  2.80  -9.40  42.00  42.20  -0
C+  CACHE INC  2.00  6.00  17.00  16.50  3
D  CHILDRENS PLACE RETAIL STORES  0.00  -1.00  105.60  141.20  -25
B-  CATO CORP  -1.00  -5.00  62.10  60.70  2
C  PACIFIC SUNWEAR OF CALIFORNIA INC  -4.00  4.60  99.10  111.50  -11
C  LIMITED BRANDS INC  -5.00  -3.00  601.30  644.50  -7
NR  GAP INC  -6.00  2.00  0.00  0.00  0
NR  VICTORIAS SECRET STORES INC/LIMITED BRANDS  -6.00  -4.00  0.00  0.00  0
B+  ABERCROMBIE & FITCH CO  -7.00  -4.00  303.10  296.40  2
A-  AMERICAN EAGLE OUTFITTERS INC  -7.00  -6.00  232.80  233.90  -0
D  STEIN MART INC  -7.70  -3.40  122.60  84.50  45
NR  BANANA REPUBLIC INC/THE GAP INC  -8.00  1.00  0.00  0.00  0
B-  WET SEAL INC  -8.20  -7.20  46.50  46.20  1
B-  GAP INC,THE  -11.00  -7.00  998.00  1050.00  -5
NR  OLD NAVY/THE GAP INC  -16.00  -18.00  0.00  0.00  0
B  CHICOS FAS INC  -18.50  -6.70  112.50  436.00  -74

Credit
Rating		 Dept Stores & Catalogs Monthly Comp
Change - %		 Net Sales
(in millions)		 Sales
% Change
Jul Prior Year Jul Prior Year
F+  GOTTSCHALKS INC  2.10  -3.90  39.40  41.10  -4
D-  DILLARDS INC-HQ  2.00  -6.00  513.80  500.30  3
C  SAKS INC/FKA PROFFITTS INC  -5.30  14.90  192.10  201.40  -5
C-  NORDSTROM INC  -6.10  9.40  840.00  900.50  -7
C+  STAGE STORES INC  -6.20  1.70  108.10  109.20  -1
C  JC PENNEY CO INC  -6.50  10.80  1336.00  1404.00  -5
B-  KOHLS CORP  -10.40  0.01  1027.20  1050.00  -2

Credit
Rating		 Drug Stores Monthly Comp
Change - %		 Net Sales
(in millions)		 Sales
% Change
Jul Prior Year Jul Prior Year
B-  WALGREEN COMPANY INC  4.10  7.20  4891.70  4420.00  11
E  RITE AID CORP  1.20  1.60  1975.00  1990.00  -1

Credit
Rating		 Home Centers-Retail Monthly Comp
Change - %		 Net Sales
(in millions)		 Sales
% Change
Jul Prior Year Jul Prior Year
A  FASTENAL COMPANY  0.00    0.00    0

Credit
Rating		 Home Furnishings Monthly Comp
Change - %		 Net Sales
(in millions)		 Sales
% Change
Jul Prior Year Jul Prior Year
C-  HAVERTY FURNITURE COMPANIES  -10.00    62.90    0

Credit
Rating		 Mass Merchandisers-Retail Monthly Comp
Change - %		 Net Sales
(in millions)		 Sales
% Change
Jul Prior Year Jul Prior Year
C+  BJS WHOLESALE CLUB  16.70  1.50  773.20  650.50  19
B-  COSTCO WHOLESALE CORP  10.00  7.00  5700.00  5020.00  14
NR  SAMS CLUB  7.30  5.10  0.00  0.00  0
D-  DUCKWALL ALCO STORES INC  4.70  5.20  35.40  35.30  0
C+  FAMILY DOLLAR STORES INC  4.60  0.50  527.10  491.70  7
B-  WAL MART STORES INC  3.70  1.90  0.00  26999.00  -100
B-  TARGET CORP  -1.20  6.10  4566.00  4363.00  5

Credit
Rating		 Sporting Goods Retail Monthly Comp
Change - %		 Net Sales
(in millions)		 Sales
% Change
Jul Prior Year Jul Prior Year
A  ZUMIEZ INC  -1.40  9.70  31.70  28.20  12

Credit
Rating		 Specialty Retail Monthly Comp
Change - %		 Net Sales
(in millions)		 Sales
% Change
Jul Prior Year Jul Prior Year
NR  BATH & BODY WORKS/LIMITED BRANDS  -5.00  -2.00  0.00  0.00  0



Performance Insight


Top 10 Retail Performers

Industry Credit
Rating		 Company Comp %
APP    A+ BUCKLE INC,THE 20.9 
MM    C+ BJS WHOLESALE CLUB 16.7 
APP    B+ AEROPOSTALE INC 13.0 
MM    B- COSTCO WHOLESALE CORP 10.0 
MM    NR SAMS CLUB 7.3 
MM    D- DUCKWALL ALCO STORES INC 4.7 
MM    C+ FAMILY DOLLAR STORES INC 4.6 
APP    C FREDS INC 4.6 
DR    B- WALGREEN COMPANY INC 4.1 
APP    B- ROSS STORES INC 4.0 


Rising Stars - Most Improved

Industry Credit
Rating		 Company TY LY
APP    B+ AEROPOSTALE INC 13.0 - 11.9
MM    C+ BJS WHOLESALE CLUB 16.7 1.5
APP    A+ BUCKLE INC,THE 20.9 7.6
APP    E+ MOTHERS WORK INC / MOTHERHOOD MATERNITY 2.8 - 9.4
DEP    D- DILLARDS INC-HQ 2.0 - 6.0
DEP    F+ GOTTSCHALKS INC 2.1 - 3.9
MM    C+ FAMILY DOLLAR STORES INC 4.6 0.5
APP    C FREDS INC 4.6 0.5
APP    B- CATO CORP - 1.0 - 5.0
MM    B- COSTCO WHOLESALE CORP 10.0 7.0


Bottom 10 Retail Performers

Industry Credit
Rating		 Company Comp %
APP    B CHICOS FAS INC - 18.5 
APP    NR OLD NAVY/THE GAP INC - 16.0 
APP &