2024-03-18 09:15:20 ET
Summary
- With the holiday earnings season for retailers nearly wrapped up, most have reported better-than-feared results at the top and bottom line.
- Flat or declining sales, however, remain a headwind for those retailers with a greater mix of discretionary offerings.
- While investors have bid up most value-based retailers, investors have had less to cheer with the dollar stores.
- In my view, selective retail stocks remain a promising investment in 2024.
- The XRT ETF, on the other hand, offers investors a more diversified option, albeit with lower remaining upside potential.
The holiday earnings season for retailers is nearly wrapped up, with most having reported results from mid-February through mid-March.
The current earnings season brought generally better-than-feared results for most reporting, though many continue to be bogged down by declining sales....
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For further details see:
Retail Sector Earnings Roundup: Analyzing The Winners And Losers