With a few exceptions, August results were generally in line with the six-month trend.
I make it a practice not to attempt to interpret the comp-store sales in February and July.
What is particularly noteworthy about the June 2008 comp-store-sales results is the comparison to very poor results in June 2007.
The May comp-store-sales trends indicate little change from the past 90 days.
The results of the past few months remind me of the old Wall Street axiom, “It’s a market of stocks, not a stock market.
At the risk of debating the current wisdom that the sky is falling, January comp-store sales results may not be as bad as they appear on the surface.