NEW YORK (AP) — Retailers are reporting strong revenue gains for September, capping a solid back-to-school shopping season. But uncertainty remains about how consumers will spend during the crucial winter holidays.
As merchants announce revenue figures Thursday, Target Corp., Limited Brands Inc. and teen chain The Buckle Inc. are reporting strong increases that beat Wall Street estimates. There were some stragglers like Bon-Ton Stores Inc., which reported a decline.
The figures are based on revenue at stores opened at least a year and are considered a key indicator of a retailer’s health.