Shares of The Gap Inc. (NYSE:GPS), Costco Wholesale Corporation (NASDAQ:COST), and The TJX Companies, Inc. (NYSE:TJX) are likely to be on the go on Thursday, as investors reports moderate monthly sales for March.
According to a Thomson Reuters survey, Gap Inc. is expected to declare their sales decreased by 2.1% in March, while in March 2012 their sale were down by 8%.
GPS past twelve months price to sales ratio was 1.11 and price to cash ratio recorded as 11.46. And GPS return on assets is 15.24% while its return on equity recorded as 40.18%.
The Gap Inc. (NYSE:GPS) shares opened at $ 37.31and it is currently at $ 37.83 by surging 1.69% at 10:26AM EDT.
Costco Wholesale’s sales increased by 4% in the last five weeks, but the company made a shortfall which was predicted to increase by 5.2%.
Costco Wholesale Corporation (NASDAQ:COST) shares in current session opens at $106.2, then rises to 0.09% and are at $105.80 at 9:38AM EDT.
COST past twelve months price to sales ratio was 0.45 and price to cash ratio recorded as 8.17. And COST return on assets is 6.94% while its return on equity recorded as 17.19%.
While TJX Companies, Inc. (NYSE:TJX), do not show a sharp downfall in its sale and fell only 1% for last month, sale increased by 10% for the same month in 2012.
This down fall in the sale is due to thinner wallets and cold weather in March, according to Thomson Reuter’s analyst Greg Harrison. He added in his note that the unusual cold weather all over the US holdup the buying of full-priced spring wears.
Harrison also said customer rather than looking for the hottest spring fashion, many clients prefer to reside at home or buy inexpensive winter stuff.
The TJX Companies, Inc. (NYSE:TJX) shares opened at $47.37 and currently TJX stock is at $47.90 by moving up 0.82%.
TJX past twelve months price to sales ratio was 1.33 and price to cash ratio recorded as 16.79. And TJX return on assets is 21.43% while its return on equity recorded as 55.47%.