For Immediate Release
Chicago, IL – October 16, 2018 – Zacks.com announces the account of stocks featured in the Analyst Blog. Every day the Zacks Equity Assay analysts altercate the latest account and contest impacting stocks and the cyberbanking markets. Stocks afresh featured in the blog accommodate Tilly’s, Inc. TLYS, Shoe Carnival, Inc. SCVL, Urban Outfitters, Inc. URBN, DSW Inc. DSW and Express, Inc. EXPR.
Today, Zacks is announcement its ”Buy” banal recommendations. Get #1Stock of the Day aces for free.
Here are highlights from Monday’s Analyst Blog:
Apparel Sales Jump in September: 5 Stocks to Buy
September accepted to be a acceptable ages for accoutrement retailers. According to assay close Retail Metrics, absolute same-store sales for accoutrement retailers came in at 7.9%. Half of the accoutrement retailers, who are still advertisement account commensurable abundance sales, recorded increases in September. This absolutely is a assurance that the accoutrement industry is on solid ground.
September was decidedly acceptable as it marks the backward back-to-school season. Now, with the anniversary division approaching, accoutrement sales are acceptable to get a addition already again. Moreover, with customer aplomb affecting almanac highs and the abridgement in acceptable health, the accoutrement industry is assertive to accomplish able-bodied in the a term. Accustomed this scenario, it makes accoutrement stocks charge haves for your portfolio.
Apparel Sales Jump in September
Per Retail Metrics, absolute September same-store sales for accoutrement retailers came in at 7.9%, up from 7.8% from the year-ago aeon and compares with a 6.2% and 7.5% access in August and July, respectively. It goes after adage that the accoutrement industry is on close ground. September is advised the backward back-to-school season. The backward back-to-school affairs was one of the above factors abaft giving accoutrement sales a boost.
Apparel stocks accept been accomplishing able-bodied for a while now and the contempo jump proves that consumers are accommodating to absorb added on apparels and shoes. Also, United States’ bread-and-er achievement has been a key to the absorbing appearance put up by the accoutrement industry. Moreover, college wages, able-bodied business and customer aplomb accept provided a able tailwind for the industry.
Apparel Industry Acceptable to Accomplish Well
The accoutrement industry is acceptable to put up an absorbing appearance in the a appellation with the anniversary division approaching. The anniversary division is about one of the best times for retailers, which sees a jump in sales. According to the Civic Retail Federation (NRF), anniversary retail sales are projected to access decidedly this year and ability about $721 billion in the November-December period.
Per the NRF, anniversary retail sales registered its best access in 2017 back the Great Recession. In 2017, retail sales during the aftermost two months of the year climbed 5.5% to ability $691.9 billion. This acutely indicates that the accoutrement industry has been steadily growing.
Moreover, retailers are set to appoint a almanac cardinal of workers for the accessible anniversary season. Per the NRF, American retailers are accepted to appoint amid 585,000 and 650,000 workers for the November-December anniversary period, college than 582,500 in 2017.
Understandably, accoutrement industry has been assuming able-bodied for a while now and is on solid ground. Further, with able-bodied customer confidence, college wages, and almanac low unemployment, an accretion cardinal of Americans are accommodating to absorb more. And with the anniversary division approaching, which is advised one of the best times for retailers, accoutrement stocks are assertive to accomplish able-bodied in the a term.
This is why acrimonious accoutrement stocks still looks like a acute option. However, acrimonious acceptable stocks may be difficult. We accept narrowed bottomward our chase to the afterward stocks based on a acceptable Zacks Rank and added accordant metrics.
Tilly’s, Inc. is a specialty banker in the activity sports industry affairs clothing, shoes and accessories.
Tilly’s sports a Zacks Rank #1 (Strong Buy). The aggregation has accepted balance advance of 38.5% for the accepted year. The Zacks Consensus Estimate for the accepted year has bigger by 11.1% over the aftermost 60 days.
Shoe Carnival, Inc. is one of the nation’s better ancestors cossack retailers, alms a ample array of moderately priced dress, accidental and able-bodied cossack for men, women and accouchement with accent on civic and bounded name brands.
The aggregation has accepted balance advance of 45% for the accepted year. The Zacks Consensus Estimate for the accepted year has bigger by 6.4% over the aftermost 60 days. The banal sports a Zacks Rank #1. You can see the complete account of today’s Zacks #1 Rank stocks here.
Urban Outfitters, Inc. is an avant-garde specialty banker and banker which offers a array of affairs merchandise.
Urban Outfitters carries a Zacks Rank #1. The aggregation has accepted balance advance of 59.3% for the accepted year. The Zacks Consensus Estimate for the accepted year has bigger by 6% over the aftermost 60 days.
DSW Inc. is a arch branded cossack and accessories banker that offers a advanced alternative of cast name and artist dress, accidental and able-bodied cossack and accessories for women, men and kids.
DSW Inc sports a Zacks Rank #1. The aggregation has accepted balance advance of 13.8% for the accepted year. The Zacks Consensus Estimate for the accepted year has bigger by 6.8% over the aftermost 60 days.
Express, Inc. is a specialty banker of women’s and men’s accoutrement in the United States. The Aggregation operates retail outlets in high-traffic arcade malls, affairs centers and artery locations beyond the United States.
Express, Inchas a Zacks Rank #2 (Buy). The aggregation has accepted balance advance of 27.8% for the accepted year. The Zacks Consensus Estimate for the accepted year has bigger by 9.5% over the aftermost 60 days.
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