Top Retail Stocks - SKS, TWB, DBRN :by Penny Stock Pick Report

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Saks Incorporated (NYSE:SKS) climbed up 2.65% to $6.58 on an unusual massive volume of 8.30 million shares. The stock today announced that for the fourth quarter of 2009, it expects comparable store sales decline of high single digits, resulting in a decline of high single digits for the second half of 2009. For fiscal 2009, it expects comparable store sales of mid-double digits.

Tween Brands Inc. (NYSE:TWB)   rallied 8.14% to $9.83 on an unusual massive volume of 2.64 million shares. The stock today also created a new 52 week high at $10.16. The company reported a 2009 third quarter net income of $5.9 million, or $0.23 per diluted share, compared to a net loss of $0.8 million, or $0.03 per diluted share for the third quarter of 2008. Net income for the third quarter of 2009, excluding a $2.8 million pretax merger charge and a $3.9 million pretax non-cash store impairment charge, was $ 14.7 million, or $0.58 per diluted share. Net income for the third quarter of 2008, excluding an $11.5 million pretax restructuring charge, was $6.4 million, or $0.26 per diluted share.

The Dress Barn, Inc. (NASDAQ:DBRN) surged 7.22% to $20.80 with an unusual massive volume of 2.19 million shares. The stock today also created a new 52 week high at $21.61. Till date in this year the stock has rallied over 93%.  The Dress Barn, Inc. operates women’s apparel specialty stores, principally under the names dressbarn, dressbarn woman and maurices. As of July 25, 2009, the Company operated 1,559 stores in 48 states and the District of Columbia, including 684 dressbarn Combo stores (a combination of its dressbarn and dressbarn woman brands), 721 maurices stores, 120 dressbarn stores and 34 dressbarn woman stores.