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.
For further details see:
Inflation Continues To Dampen U.S. Retail Sales While Luxury Shines