PSCD News and Press, PowerShares S&P SmallCap Consumer Discretionary Pf From 07/15/22

Census Bureau's Advance Retail Sales Report for June headline says - sales came in at 1.00% month-over-month to two decimals and was above the Investing.com forecast of 0.8%. Total sales for the April 2022 through June 2022 period were up 8.1 percent (±0.5 percent) from the same ...

Retail sales and food-services spending rose 1% in June following a 0.1% decline in May. In real terms, total retail sales were down 0.3% (adjusted using the CPI) in June, following a 1.1% decrease in May. Core retail sales, which exclude motor vehicle dealers and gasoline retaile...

RCII is trading at approximately 4x FCF with no prospects of an imminent decline in FCF. A conservative valuation dictates that RCII's intrinsic value is >5x its current market value. RCII's Acima Segment is poised for massive secular growth, all of which is not reflected in th...

This year has been one for the record books. Inflation is at a level last seen in 1982, the S&P 500 return this year is its worst start to a year since 1970, and it is the worst start for the Dow Jones Industrial Average Index since 1962. Investors had few areas to invest in that ...

Persistently elevated rates of price increases and an intensifying Fed tightening cycle are impacting economic activity. The outlook is for continued economic growth, but risks remain elevated. The combination of record-high home prices and sharply higher mortgage rates have sent ...

For Q2 2022, the Refinitiv Retail/Restaurant Index is looking at a -7.6% blended estimated earnings growth rate, and an 8.4% blended estimated revenue growth rate. Currently, low-income consumers are being squeezed the most in the absence of stimulus checks that last year boosted thei...

The Cheesecake Factory is attractive on many levels. It trades far below its past valuation and figures are still recovering. The share price is too severely punished while the company's fundamental figures improved. Long-term investors get a bargain with significant upside potential....

The gap between energy stocks and consumer discretionary stocks is striking. We think the market is suggesting that extreme energy inflation will lead to a dramatic reduction in spending. If consumer spending turns out to be more resilient than the market expects, we think the con...

G-III Apparel Group seems undervalued at the current price. It is uncertain whether recent COVID lockdowns in China will have had a significant impact on the company's supply chain. However, should we see continued strong performance in inventory turnover and sales growth - then t...

It’s still supply chain chaos for retailers, but different retailers face different kinds of chaos. Overall retailer inventories, in terms of months’ supply, are still near historic lows. Inflation in goods – which is what retailers sell – has been far ...