Daniel Laboe Zacks
US retail sales appear to be picking up steam since the beginning of 2019, with the last 5-months demonstrating month-over-month growth. Q2 earnings in the retail sector have been mixed thus far with a consumer trend beginning to reveal itself.
The big-box discount retailers are thriving, while higher-end department stores couldn’t hold on to foot-traffic in the Amazon AMZN driven retail apocalypse. Which firms will survive this epic consumer shift that is likely going to reshape the retail market as we know today?
Value centric firms like Target TGT, Walmart WMT, and TJ Maxx TJX illustrated favorable results provoking a positive price movement following their earnings releases. These stocks have all outperformed not only the retail sector but the broader market. (READ MORE)
Daniel Laboe Zacks
US retail sales appear to be picking up steam since the beginning of 2019, with the last 5-months demonstrating month-over-month growth. Q2 earnings in the retail sector have been mixed thus far with a consumer trend beginning to reveal itself.
The big-box discount retailers are thriving, while higher-end department stores couldn’t hold on to foot-traffic in the Amazon AMZN driven retail apocalypse. Which firms will survive this epic consumer shift that is likely going to reshape the retail market as we know today?
Value centric firms like Target TGT, Walmart WMT, and TJ Maxx TJX illustrated favorable results provoking a positive price movement following their earnings releases. These stocks have all outperformed not only the retail sector but the broader market. (READ MORE)
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