Are Things Looking Up for U.S. Retailers?

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May 15 (Bloomberg) -- Bloomberg's Poonam Goyal discusses the outlook for retailers with Julie Hyman on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

So far.

Macy's and walmart and colts.

The theme does seem to be at least on the sales front things are looking up a little bit in the current quarter.


The retailer cited early weakness.

Things have gotten better.

Things have fallen into positive territory, which is good.

At the same time, a big uptick in the march retail sales were economic data points.

Things in april world bunch worse than expected.

How do you reconcile that with the individual retailer?

One thing to keep in mind is the census report.

It is seasonally adjusted and month over month.

The retailers sales year over year.

That is the difference.

When you look year-over-year come april was supposed to be stronger because easter is in april.

I am curious about walmart specifically.

The company made almonds about operable sales looking a little bit better.

At the same time, the profit forecast was worse than estimated.

It talked about a lot of the same corporate on health care costs, the effects of food bear stamps.

Do you think walmart will continue to drag along and not going to participate in a rebound overall?

When you talk about sales, i think there could be a rebound in sales because they said the last 11 weeks of the quarter are positive.

The guidance may be suggested of being conservative.

On the profit runt, health care costs, 50 basis point venture meant.

That is continuing through the end of the year.

This year profits will be hard to increase.

Especially as they invest in price, which we know has been hard to do.

How big of a problem?

Fans is a problem.

-- sams is a problem.

Sign up have been week.

That is a problem they have to fix.

We will watch that during the next quarter report.

This text has been automatically generated. It may not be 100% accurate.


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