🔮 Better than the Oracle? Our Fair Value found this +42% bagger 5 months before Buffett bought itRead More

The Spectacular Earnings Charts Of 5 Retail Kings

Published 05/29/2018, 06:08 AM
Updated 07/09/2023, 06:31 AM
CPRI
-
LULU
-
PVH
-
ULTA
-
BURL
-

This is the final “big” week of earnings season as over 160 companies are expected to report including several big technology names and over a dozen retailers.

The retail industry bottomed in 2017 and has been in a turnaround ever since.

But it was “throw the baby out with the bath water” in 2017. Even the stocks of some of the best names in the group struggled before finally turning higher.

That was a buying opportunity.

But what does the future look like for the best of the retailers?

These five companies are doing it right with consistent track records of earnings beats and growing earnings and sales.

They are not in any danger of being “Amazoned.”

Will these 5 retail kings keep their stock momentum this week?

5 Retail Kings and Their Great Charts

1. Michael Kors (NYSE:KORS) saw shares plunge on worries about the handbag market and that it was off trend. But that has turned around dramatically. The company hasn’t missed on earnings in five years. That’s an impressive track record.

2. PVH (NYSE:PVH) has only missed twice in the last 5 years but that was all the way back in 2014. Shares have broken out to new 5-year highs as the department stores have gotten their mojo back. Can it keep beating expectations?

3. Burlington Stores (NYSE:BURL) is the dominant retailer that no one is talking about. It has the most impressive chart this week with shares near all-time highs AND it hasn’t missed since the IPO in 2013.

4. Lululemon (NASDAQ:LULU) was trading in a narrow trading range for years as investors didn’t trust the new management and didn’t believe the growth story. But it has beat 4 quarters in a row and with the global economy so strong, there is no reason the $100 yoga pants won’t be flying off the shelves. Is this growth company back for good?

5. Ulta (NASDAQ:ULTA) is coming off a surprise earnings miss last quarter. The real problem for the shares is that it has just been too good. No retailer can do double digit comps for forever. Has Ulta succeeded at resetting expectations?

[In full disclosure, the author of this article owns shares of ULTA in her personal portfolio.]

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>



lululemon athletica inc. (LULU): Free Stock Analysis Report

Burlington Stores, Inc. (BURL): Free Stock Analysis Report

Ulta Beauty Inc. (ULTA): Free Stock Analysis Report

PVH Corp. (PVH): Free Stock Analysis Report

Michael Kors Holdings Limited (KORS): Free Stock Analysis Report

Original post

Zacks Investment Research

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.