BOOT - Gap Boot Barn and Nordstrom lead recovery in mall stocks
Apparel retail stocks are pushing higher as earnings reports and conference call commentary on Q3 trends tamp down some of investor concerns on the potential impact of the Delta COVID-19 variant. Notable gainers in early trading include Boot Barn (BOOT +5.4%), Zumiez (ZUMZ +4.2%), Children's Place (PLCE +3.2%), Shoe Carnival (SCVL +4.4%), Guess (GES +3.3%), Gap (GPS +3.8%), Urban Outfitters (URBN +3.5%), Kohl's (KSS +3.1%), Nordstrom (JWN +3.0%) and Dillard's (DDS +4.6%). Discounters Big Lots (BIG +1.6%) and Dollar Tree (DLTR +1.2%) are also higher. Boot Barn stood out with its update on demand trends during the retailer's earnings conference call.
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Gap, Boot Barn and Nordstrom lead recovery in mall stocks