Retailer Stocks Report June Sales (NYSE:GPS, LTD, SSI)

The Gap Inc. (NYSE: GPS) today announced that its revenue at locations open at least one year was flat in June, an improvement from last year’s 10% decline, but still short of Wall Street forecasts. Analysts surveyed by Thomson Reuters had expected the owner of Gap, Old Navy and Banana Republic to post a 3.4% gain, but the company’s overall revenue climbed 2% to $1.31billion, up from $1.29billion last year.

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GAP shares are currently down 4.02% to $18.93 in the pre-market trading. The company’s shares have a 52-week price range of $14.65-$26.34. They have a 50-day moving average of $21.91 and 200-day moving average of $21.69. GAP’s shares have support and resistance levels at $19.21 and $20.03, respectively.

Limited Brands Inc. (NYSE: LTD) reported a comparable stores sales increase of 6% for the five weeks ended July 3, 2010, compared to the five weeks ended July 4, 2009. The company reported net sales of $965.4 million for the five weeks ended July 3 2010, compared to net sales of $891.8 million last year. Analysts surveyed by Thomson Reuters, on an average expected a smaller 3.2% rise.

Limited Brands shares are currently up 5.57% to $25.00 in the pre-market trading. The company’s shares have a 52-week price range of $10.28-$28.78. They have a 50-day moving average of $24.85 and 200-day moving average of $20.96. Limited Brands shares have support and resistance levels at $22.90 and $24.94, respectively.

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Stage Stores Inc. (NYSE: SSI) today reported that its total sales for the five week period ended July 3, 2010 increased 1.3% to $129 million from $128 million in the prior year five week period ended July 4, 2009. However, comparable store sales declined by 1.2%.

Stage Stores shares remained unchanged in the pre-market trading. The company’s shares have a 52-week price range of $9.37-$16.47. They have a 50 day moving average of $13.28 and 200-day moving average of $13.24. Stage Stores, shares have support and resistance levels at $10.19 and $11.12, respectively.

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