Can we say "hurrah for the chill"? That's the snake oil some in the biz press are trying to sell. This story takes a narrow data point from Wal-Mart
We Fools see this kind of nonsense all the time, but we never get tired of ridiculing it. Sure, the cold may have helped Wal-Mart, which said something like, "People with stuff dripping out of their noses and their cars stuck in snow drifts came in to buy sweaters and shovels."
I think you can get that stuff at Costco
Somehow, I doubt it. After all, we also saw Limited Brands
In fact, the nice jump in comps at American Eagle Outfitters
I guarantee you that, had a lot of companies showed lousy sales, the headlines would have read "Cold snap keeps consumers at home." Any excuse in a storm.
Gap, American Eagle, and Costco are Motley Fool Stock Advisor recommendations. Gap and Wal-Mart are Inside Value picks. Limited Brands is an Income Investor selection. Try any of our Foolish newsletters free for 30 days.
At the time of publication, Seth Jayson had shares of American Eagle but no positions in any other company mentioned. Comments? Bring them here. See his latest blog commentary here. View his stock holdings and Fool profile here. Fool rules are here.