Dive Summary:

• U.S. retail revenue probably increased in May, the largest rise in sales revenues in over three months, according to a predictive report released Wednesday by economists.
• Total retail revenues are expected to have risen roughly 0.4% in May following April’s revenue totals which climbed 0.1% year-over-year in 2013.
• A median forecast by Bloomberg reports that retail sales which excluded automobiles, gasoline and building materials likely rose 0.3% after falling 0.1% during the previous month of April.

From the article:

Same-store sales showed signs of strength last month, rising for nine of the 10 companies tracked by Swampscott, Massachusetts-based Retail Metrics. L Brands Inc. (LTD)’s sales climbed 3 percent, beating the 2.9 percent estimate. Purchases at the company’s Victoria’s Secret brand were up 4 percent, while the Bath & Body Works brand gained 3 percent.