By Christiana Sciaudone
Investing.com -- Retailers continue to wow the Street with strong second quarter sales.
Buckle (NYSE:BKE) is soaring 22% after obliterating analyst estimates. The company reported earnings per share of 71 cents compared to the expected loss per share of 9 cents. Sales of $216 million compared to the expected $151 million.
Foot Locker (NYSE:FL) is up 1.3% after reporting earnings per share of 71 cents versus the estimated 32 cents. Sales of $2.08 billion compare to the expected $1.83 billion. Foot Locker had previously disclosed strong sales in the second quarter thanks to stimulus spending. Comparable-store sales were up more than 18%.
With strong liquidity and a stable cash outlook, Foot Locker reinstated its quarterly dividend program. Still, like most other companies, Foot Locker declines to provide 2020 guidance.
Williams-Sonoma (NYSE:WSM) reports Aug. 26, and is expected to publish earnings per share of 88 cents on sales of $1.42 billion.
Gordon Haskett Research Advisors bumped its rating to buy from accumulate, and its price target on Williams-Sonoma to $110 from $95, Barron's reported.
Shares have rallied about 37% this year, to about $98 on Friday.
Gordon Haskett's Chuck Grom has earnings per share of $1.15 on the kitchen-gadget seller.
Analysts aren't all swayed. The company has six buy ratings, seven holds and three sells, according to analysts tracked by Investing.com.