Seeking Alpha

Two retail chains with explosive comp growth in Q4

  • Though retailers had a hard time driving store traffic in Q4, a couple of under-the-radar store chains delivered stunning comparable-store sales growth.
  • Conn's (CONN -0.3%) paced the sector with a 33% comp, while Restoration Hardware (RH +10.8%) saw a 24% gain.
  • Analysts have praised management at both firms. They note Conn's ratcheted up its risk a bit with its in-house financing options, but the boost in store traffic is hard to argue with. Execs at Restoration Hardware are lauded for having shown a deft hand at responding to the topsy-turvy retail atmosphere.
  • Shares of both companies are up at over a double-digit percentage for the week.
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