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BBRYF - Inflation Continues To Dampen U.S. Retail Sales While Luxury Shines
Burberry Group plc
Summary
The first month of 2023 (and the last month of the retail industry’s Q4 2022) saw America’s largest party supply store file for Chapter 11 bankruptcy, a move that the StarMine credit models had predicted about a year ago.
According to StarMine, Bed Bath & Beyond scores in the bottom decile when it comes to the Relative Valuation, Val-Mo, and Short Interest models.
For Q4 2022, the StarMine SmartEstimate data shows investors can expect positive surprises from Dillard’s.