Thursday, November 4, 2010

Notable NYSE Stock Gainers (TJX, SKS, SSI)

The TJX Companies, Inc. (NYSE:TJX) added 0.23% to $46.93. The company said Thursday it expects third-quarter earnings at the high end of its range of 89 cents a share to 91 cents a share. Wall Street analysts expect earnings of 89 cents a share, according to a survey by FactSet Research. TJX said its October same-store sales were flat, compared to the forecast for a drop of 0.9% in a survey by Thomson Reuters. The stock went up more than 27% year-to-date. Saks Incorporated (NYSE:SKS) went up 3.88% to $11.78 after it created its fresh 52-week high of $11.82. The company said Thursday its October same-store sales increased by 8.1%, ahead of the forecast of 2% in a survey of analysts by Thomson Reuters. Saks said its total sales rose to $233.9 million from $219.9 million. The 52-week range of the stock is $5.44-$11.82 and is up more than 73% year-to-date. Stage Stores, Inc. (NYSE:SSI) rose 1.43% to $14.15. The company reported that for October, comparable-store sales fell 3.5%. A survey of analysts by Thomson Reuters produced a consensus estimate of same-store sales up 1.5%. Total sales fell 1.1% to $100 million. For the third quarter ended Oct. 30, same-store sales slipped 0.3% while total sales rose 2.1% to $332 million. The stock went up more than 9% year-to-date.
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