July 30, 2010

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In final lap of U.S. earnings, it's retailers' turn

Fri Aug 07 12:03:00 -0400 2009

Reuters (New York)

- If the strong earnings trend keeps up next week, black will be back in style on the balance sheets of more of the nation’s retailers.

“We’ve seen the retailers track the restaurant companies a little bit, and a lot of them came out a little better than expected,” said Joseph Feldman, retail analyst with Telsey Advisory Group in New York.

To view the full article, download the PDF here: Reuters, August 7, 2009