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Released On 11/27/2018 8:55:00 AM For wk11/24, 2018
Store Sales Y/Y change6.2 %7.9 %

Same store sales were up 7.9 percent year-on-year in the November 24 week, sharply accelerating by 1.7 percentage points to the strongest annual growth pace in at least 12 years. Month to date sales versus the prior month were up 0.8 percent, while the full month year-on-year gain rose to 6.7 percent, a new high for the year. Redbook's same store year-on-year sales gains have been the strongest in a decade since September and continue accelerate, pointing to increasingly robust strength in ex-auto ex-gas retail sales during the key holiday sales season.

A weekly measure of comparable store sales at chain stores, discounters, and department stores. Redbook tracks week-to-week change, month-to-date change, and year-on-year change with the latter the most closely watched reading. The report offers early indications on ex-auto ex-gas retail sales.  Why Investors Care

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