Retailers Report Mixed Sales Results for April

Telegraph - Herald (Dubuque) › May 06, 2005

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Summary

NEW YORK (AP) - Consumers overcame some of their reluctance to shop in April, giving the nation's retailers sales that modestly beat expectations. Results again varied widely among merchants, reflecting shoppers' uncertainty about the economy and struggles with higher gasoline prices.

"Overall, it was a pretty solid report," said Gint Rimas, a senior analyst at Thomson Financial. "Expectations were lower, but consumers are still out there shopping."

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Retailers Report Mixed Sales Results for April

Wal-Mart's shares gained 44 cents to $48.89 on the New York Stock Exchange. Target rose 97 cents to $47.25; it...

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