These Popular Retail Stocks Are Catching Investors’ Eyes After Earnings

99 Cents Only Stores (NYSE:NDN) reported its results for the second quarter. Net income for 99 Cents Only Stores rose to $15.1 million (21 cents per share) vs. $12.9 million (18 cents per share) in the same quarter a year earlier. This marks a rise of 16.8% from the year earlier quarter. Revenue  rose 8.8% to $363 million from the year earlier quarter. NDN fell short of the mean analyst estimate of 22 cents per share. Analysts were expecting revenue of $358.6 million.

Eric Schiffer, CEO of 99 Cents Only Stores, stated, “We are pleased with our financial results for the second quarter of fiscal 2012. Our long-term operational improvement initiatives have continued to meet our expectations, resulting in earnings per share of $0.21 for the second quarter of fiscal 2012. We look forward to further discussing our results on today’s earnings release conference call.”

Competitors to Watch: Dollar General Corp. (NYSE:DG), Family Dollar Stores, Inc. (NYSE:FDO), Dollar Tree, Inc. (NASDAQ:DLTR), Big Lots, Inc. (NYSE:BIG), Target Corporation (NYSE:TGT), Fred’s, Inc. (NASDAQ:FRED), Costco Wholesale Corp. (NASDAQ:COST), Wal-Mart Stores, Inc. (NYSE:WMT), Gordmans Stores, Inc. (NASDAQ:GMAN).

Macy’s Inc. (NYSE:M) reported net income above Wall Street’s expectations for the third quarter.  Net income for the department store rose to $139 million (32 cents per share) vs. $10 million (2 cents per share) in the same quarter a year earlier. This marks a substantial increase from the year earlier quarter. Revenue rose 4.1% to $5.85 billion from the year earlier quarter. M beat the mean analyst estimate of 16 cents per share. Analysts were expecting revenue of $5.88 billion.

“A number of factors contributed to this excellent third quarter performance. We continue to move forward in the execution of those strategies that have created a culture of growth at Macy’s — including My Macy’s localization of our assortments and shopping experience; omnichannel integration across stores, online and mobile; and MAGIC Selling and associate coaching programs to strengthen customer engagement. Bloomingdale’s also enjoyed a strong quarter, both in stores and online, as customers have continued to respond to bridge and designer merchandise. In addition, third quarter results benefitted from a strong credit performance due to improved portfolio quality,” said Terry J. Lundgren, chairman, president and chief executive officer of Macy’s, Inc.

Competitors to Watch: Saks Incorporated (NYSE:SKS), J.C. Penney Company, Inc. (NYSE:JCP), Kohl’s Corporation (NYSE:KSS), Nordstrom, Inc. (NYSE:JWN), Dillard’s, Inc. (NYSE:DDS), Sears Holdings Corporation (NASDAQ:SHLD), The Bon-Ton Stores, Inc. (NASDAQ:BONT), Target Corporation (NYSE:TGT), Wal-Mart Stores, Inc. (NYSE:WMT), and The TJX Companies, Inc. (NYSE:TJX).