Zacks Industry Outlook Highlights: Tapestry, Foot Locker, Boot Barn Holdings, Buckle and The Children's Place
5 Stocks to Tap Burgeoning Demand in Retail-Apparel & Shoes Industry
With large number of Americans being inoculated and resuming active social lifestyle, demand for travel, leisure and entertainment as well as dining out has risen.
Apparel retailers like Abercrombie (ANF) witness strong sales on renewed retail trends. Urban Outfitters (URBN), Foot Locker (FL), L Brands (LB), Tapestry (TPR) and Buckle (BKE) are other gainers.
The Zacks Analyst Blog Highlights: Target, Ulta Beauty, Home Depot, Tapestry and Five Below
Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxury accessories and lifestyle brands, today released its 2020 Corporate Responsibility Report, which highlights social and environmental...
The NRF raises its growth projection for U.S. retail sales in 2021. Target (TGT), Ulta Beauty (ULTA), Home Depot (HD), Tapestry (TPR) and Five Below (FIVE) are well poised to tap any rise in demand.
The ODP Corporation (ODP) is carefully reviewing Staples proposal to acquire its consumer business.
American Eagle (AEO) gives investors another reason to cheer by raising its dividend by 31%. Strength in the Aerie brand and value creation plan place it well for further growth.
Lands' End (LE) first-quarter fiscal 2021 results gain from sturdy growth in e-commerce business as well as recovery in Outfitters business.
Hibbett's (HIBB) Q1 results gain from robust e-commerce operations along with solid demand for footwear, apparel and accessories. Also, it expands its share repurchase plan.
Big Lots (BIG) reports impressive first-quarter fiscal 2021 results on gains from its Operation North Star strategy. Also, comparable sales grow 11.3% in the quarter.
Burlington Stores (BURL) posts better-than-expected results for first-quarter fiscal 2021, driven by the solid execution of its Burlington 2.0 initiative.
Solid comps, better margins and lower costs aid Dollar Tree's (DLTR) Q1 results. Also, it remains on track with its store expansion plans.
Best Buy's (BBY) first-quarter fiscal 2022 performance reflects growth in the Domestic and International segments, backed by favorable demand conditions.
Tapestry (TPR) is benefiting from the successful execution of Acceleration Program. The company has been witnessing significant improvement in sales trends.
Dollar General's (DG) first-quarter results reflect favorable impact of fresh round of stimulus payments. Following a strong start to fiscal 2021, management raises financial outlook.
Urban Outfitters' (URBN) first-quarter fiscal 2022 performance is backed by impressive growth across all brands and segments.
DICK'S Sporting (DKS) posts impressive Q1 results on the back of robust comps, sturdy demand and a solid online show. Encouragingly, management raises fiscal 2021 view.
Capri Holdings' (CPRI) fourth-quarter results reflect better revenue performance and gross margin expansion across all three luxury houses.