(Reuters) - NEW YORK, June 7 - Teen retailers rebounded
slightly in May despite missing Wall Street forecasts, but
analysts said underwhelming growth looms as teens -- and their
parents -- continue to face high gas prices and a cool housing
market.
May sales at stores open at least a year, a key retail
measure known as same-store sales, were boosted by nicer
weather and pent-up demand following a cold and stormy April.
Read more at Reuters.com Market News
slightly in May despite missing Wall Street forecasts, but
analysts said underwhelming growth looms as teens -- and their
parents -- continue to face high gas prices and a cool housing
market.
May sales at stores open at least a year, a key retail
measure known as same-store sales, were boosted by nicer
weather and pent-up demand following a cold and stormy April.
Read more at Reuters.com Market News
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