These 32 US Retail Corps had Total Pretax Income in the 1Q 2012 of $24.5 bil, up only 1% from the 1Q 2011.
Clearly, the earnings growth of these US Retailers has markedly decelerated. All US Retailers, as well as US job creation and the entire US economy, is in desperate need of Bold, Wise US Government Stimulative Fiscal Measures. So what is the US House doing? Just the opposite, having a singular focus on Spending Cuts for everything but US Defense. And these Spending cuts would slow the US economy even further. And many of these Spending cuts are even short-term and medium-term Spending Cuts.
It should be pointed out that the 1Q 2012 Earnings Per Share growth of these 32 Big US Retailers is much higher than this 1% Pretax Earnings growth. This is due to many of these large US Retailers having substantial stock buyback programs.
Below is the Pretax Income and Pretax Loss of these 32 Big US Retailers for both the 1Q 2012 and the 1Q 2011.
| Increase | Increase | |||
| PTI | PTI | (Decrease) | (Decrease) | |
| 1Q 2012 | 1Q 2011 | Amount | % | |
| mils $s | mils $s | mils $s | ||
| Retail | ||||
| Walmart | 7,872 | 7,472 | 400 | 5% |
| PTI > $1 Bil | ||||
| McDonalds | 1,848 | 1,699 | 149 | 9% |
| Target | 1,495 | 1,588 | (93) | -6% |
| Home Depot | 1,180 | 950 | 230 | 24% |
| Macy's | 1,176 | 1,026 | 150 | 15% |
| Total all 4 | 5,699 | 5,263 | 436 | 8% |
| PTI: $500 Mil to $1 Bil | ||||
| Best Buy | 883 | 792 | 91 | 11% |
| TJX | 759 | 534 | 225 | 42% |
| Kohls | 729 | 790 | (61) | -8% |
| Limited Brands | 701 | 666 | 35 | 5% |
| Costco | 627 | 573 | 54 | 9% |
| Publix Super Markets | 624 | 604 | 20 | 3% |
| Bed Bath & Beyond | 554 | 463 | 91 | 20% |
| Yum Brands | 534 | 427 | 107 | 25% |
| Toys R Us | 524 | 565 | (41) | -7% |
| Total all 9 | 5,935 | 5,414 | 521 | 10% |
| PTI < $500 Mil | ||||
| Lowes | 485 | 456 | 29 | 6% |
| Dollar General | 468 | 343 | 125 | 36% |
| Starbucks | 457 | 389 | 68 | 17% |
| Staples | 430 | 374 | 56 | 15% |
| Kroger | 427 | 449 | (22) | -5% |
| GameStop | 381 | 370 | 11 | 3% |
| Nordstrom | 379 | 373 | 6 | 2% |
| GAP | 350 | 597 | (247) | -41% |
| Ross Stores | 308 | 261 | 47 | 18% |
| Dollar Tree | 302 | 258 | 44 | 17% |
| Tiffany | 272 | 267 | 5 | 2% |
| Autozone | 262 | 232 | 30 | 13% |
| OReilly Automotive | 240 | 192 | 48 | 25% |
| Darden Restaurants | 218 | 199 | 19 | 10% |
| Family Dollar Stores | 215 | 196 | 19 | 10% |
| Amazon | 84 | 307 | (223) | -73% |
| Sears Holding | (105) | 569 | (674) | -118% |
| JC Penney | (130) | 400 | (530) | -133% |
| Total all 18 | 5,043 | 6,232 | (1,189) | -19% |
| Total all 32 | 24,549 | 24,381 | 168 | 1% |
