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SPDR S&P Retail ETF (XRT)

- NYSEARCA
  • Tue, Mar. 31, 9:43 AM
    • Economists don't seem fully convinced that weather is behind the slower-than-anticipated pace of spending on goods and services for the first part of 2015.
    • Most have lowered Q1 GDP estimates without necessarily calling for a spring sales bounce.
    • Despite some indications consumer confidence has improved and a stronger job environment, consumers have increased their level of personal savings instead of spending in droves.
    • The weather excuse will get its test when April numbers start coming in.
    • Related ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, PBJ, IYK, PEJ, FXD, IYC, FDIS, RHS, SCC, FSTA, UCC, PMR, PSL, UGE, RCD, PEZ, PSCC, PSCD, SZK
    | Comment!
  • Fri, Mar. 27, 10:29 AM
    • Shares of Kirkland's (KIRK +5.3%) are higher after Piper Jaffray comes in with an upgrade on the retailer to Overweight from Neutral.
    • The upgrade follows a similar action from the investment firm on Conn's.
    • Retail analysts have noted the out-performance of the S&P Retail ETF (NYSEARCA:XRT) vs. broad market averages over the last month has been aided by some beat-up or lesser-known specialty names gaining favor.
    • ETFs: XLY, VCR, RTH, RETL, FXD, IYC, FDIS, SCC, UCC, PMR, RCD
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  • Fri, Mar. 20, 2:22 PM
    • SPDR S&P Retail (NYSEARCA:XRT) announces quarterly distribution of $0.346.
    • 30-Day Sec yield of 0.60% (as of 03/18/2015).
    • Payable Mar 30; for shareholders of record Mar 24; ex-div Mar 20.
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  • Thu, Mar. 12, 9:47 AM
    • Shares of Dollar Tree (DLTR +1.6%), Target (TGT +1.1%), Wal-Mart (WMT +1.1%), Fred's (FRED +1.1%), and Five Below (FIVE +1.6%) are picking up steam after Dollar General's (DG +2.7%) quarterly reports shows some broad strength across categories.
    • Despite the headline miss on U.S. retail sales earlier, the S&P Retail (NYSEARCA:XRT) is up 1.12% to outpace the S&P 500.
    • Analysts think lower-income consumer spending is gaining momentum based on the most recent reads from discounters such as Dollar General.
    • Previously: New buybacks and store growth on tap for Dollar General
    | Comment!
  • Thu, Mar. 12, 8:44 AM
    • Retail sales grew only 1.7% Y/Y to trail the pace forecasts by economists.
    • The drop in sales from January was influenced in part by weather, although a higher-than-anticipated propensity by consumers to save was also a factor.
    • Nearly all retail categories showed a year-over-year increase in sales, but a 23% drop in sales at gasoline stations due to lower prices took a big cut.
    • The broad food services category which includes restaurants showed a 8.6% Y/Y rise, while sales at health & personal care stores were up 4.8%.
    • Related ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, PBJ, IYK, PEJ, FXD, IYC, FDIS, RHS, SCC, FSTA, UCC, PMR, PSL, UGE, RCD, PEZ, PSCC, PSCD, SZK
    • Previously: Retail sales decline in February
    | Comment!
  • Thu, Mar. 5, 8:43 AM
    • Only small cross-section of U.S. retailers report monthly sales anymore, but those that do give some insight to current trends.
    • A common thread in today's reports: cold weather leading to cold sales.
    • Cato: "February sales were significantly impacted by winter storms during the last two weeks of the month."
    • Stein Mart: The company says sales were severely impacted by record cold in the U.S. across regions.
    • Fred's: Momentum build up in January stalled out as the cold snap hit. Cold weather products did sell well however.
    • Retail ETFs: XLY, XRT, VCR, RTH, RETL, FXD, IYC, FDIS, SCC, UCC, PMR, RCD, PSCD
    | Comment!
  • Tue, Feb. 17, 8:25 AM
    • Cowen Research takes a broad look at the retail sector in a new note.
    • Analyst Oliver Chen cites tight inventory control, low gas prices, and higher employment rates as positive factors heading into the Spring.
    • F/X pressure and valuation on some names are concerns for investors.
    • Other retail analysts have become more optimistic after taking in the strong comp growth in the restaurant sector. They see the improvement as a potential early indicator on consumer spending, despite the disappointing headline misses on recent retail sales reports.
    • Previously: Restaurant sales show sharp increase in January (Feb. 11 2015)
    • Retail ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, IYK, FXD, IYC, FDIS, RHS, SCC, FSTA, UCC, PMR, RCD, UGE, SZK
    | Comment!
  • Mon, Feb. 16, 5:52 AM
    • Asian suppliers are resorting to costly air freight, as a labor dispute at U.S. West Coast ports disrupts supply chains across the Pacific.
    • With ports near gridlock, President Obama dispatched Labor Secretary Tom Perez to California on Saturday to try to broker an agreement between dockworkers and the group representing shippers and terminal operators.
    • Many automakers have been hit hard in the U.S. as car parts have been held up by the dispute. Honda (NYSE:HMC) has declared that it would slow production at several U.S. plants, Subaru (OTCPK:FUJHY) said it would continue flying parts in to its U.S. facilities, while Toyota (NYSE:TM) announced that it had reduced overtime at some factories. Nissan (OTCPK:NSANY) also stated that it is being affected.
    • A Shanghai index for U.S. West Coast freight rates rose 23 points last week to 2,265 and brokers said quotes had risen a further five points today.
    • ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, IYC, FDIS, SCC, UCC, PMR, UGE, RCD, SZK
    | 5 Comments
  • Thu, Feb. 12, 11:22 AM
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  • Thu, Feb. 5, 7:36 AM
    • The labor dispute between ship operators and dockworkers on the West Coast has ratcheted up again to threaten the pace of work at 29 ports in Washington, Oregon, and California.
    • Observers at the L.A. and Long Beach ports say freighters are at anchor with no open berths due to a planned slowdown in progress.
    • Honda (NYSE:HMC) and Subaru (OTCPK:FUJHY) are shipping some parts to the U.S. through air services to avoid the crawl.
    • McDonald's (NYSE:MCD) has airlifted 100 tons of french fries to the region to stock restaurants.
    • Other companies impacted by the development include Gap (NYSE:GPS), Lululemon (NASDAQ:LULU), Wal-Mart (NYSE:WMT), Kohl's (NYSE:KSS), Macy's (NYSE:M), and J.C. Penney (NYSE:JCP)
    • FedEx (NYSE:FDX) and UPS (NYSE:UPS) could see a marginal benefit in some cases from companies facing a parts crunch, observe analysts
    • ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, IYC, FDIS, SCC, UCC, PMR, UGE, RCD, SZK
    | 10 Comments
  • Tue, Jan. 27, 9:13 AM
    • The read from Redbook on retail sales through a good portion of the month indicates sales might decline around 3% M/M from December after the impact of auto and gas are backed out.
    • The December retail sales showed a small decline from November.
    • The Weekly Retail Chain Store Sales Index released today fell 0.6% W/W in another indication of softness in the retail sector, although on a year-over-year comparison the reading was up 2.6%.
    • Related ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, IYK, FXD, IYC, FDIS, RHS, SCC, FSTA, UCC, PMR, UGE, RCD, PSCD, SZK
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  • Fri, Jan. 16, 5:57 PM
    • Frustrations are mounting over stalled contract negotiations between West Coast dockworkers and port owners, prompting 175 industry groups representing agriculture, manufacturing, retailers, and other import/export operations to send a letter to the two sides urging them to solve their differences and agree to a contract.
    • While both sides agreed earlier the month to use a federal meditator, the latest public sniping has raised fears that the ports are heading toward a shutdown, which some say could cost the economy $2B/day if it lasts 20 days.
    • Midwest manufacturers have had to slow and even stop production due to delays in receiving components, and retailers are experiencing delays in early spring merchandise, including products for Valentine’s Day and Easter; the impact on the agricultural sector also has been dramatic, hurting producers from Washington apple growers to Idaho potato farmers.
    • A Cowen report this week said that while lower gas prices could boost consumer spending, retailers face increased shipping costs due to the port slowdown.
    • ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, PBJ, IYK, PEJ, FXD, IYC, FDIS, RHS, SCC
    | 1 Comment
  • Thu, Jan. 15, 9:52 AM
    • Though lottery sales are highly volatile as large jackpots attract attention sporadically, there's a bit of evidence that some of the extra cash in the pockets of U.S. consumers due to lower gas prices is heading in that direction.
    • Yesterday, the report on retail sales for December missed the mark of analysts in showing a month-over-month decline.
    • The NRF says holiday spending was up 4% Y/Y, but that's roughly the same mark the group predicted in the summer before the sharp drop in oil prices.
    • Data dive: Lottery sales on Powerball and Mega Millions.
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, FXD, FDIS, PMR, RCD
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  • Wed, Jan. 14, 9:54 AM
    • The National Retail Federation projects holiday sales rose 4.0% Y/Y.
    • The mark is just shy of the 4.1% forecast from the industry group.
    • Earlier today, a report on Retail Sales showed +3.2% Y/Y growth in December with a slide in sales at gas stations a factor.
    • Savvy retail analysts have been pointing out for months that holiday spending was pulled forward this year, making the M/M drop in retail sales for December a bit easier to digest.
    • Related ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, IYK, FXD, IYC, FDIS, RHS, SCC, FSTA, UCC, PMR, RCD, UGE, SZK
    | Comment!
  • Thu, Jan. 8, 8:18 PM
    • Holiday retail sales rose 4.6% vs. expectations for a 3.8% lift, according to a read from ShopperTrak. The growth rate is the highest since 2005 for the period.
    • The rush of positive reports from retailers on holiday sales comes off of some beaten-down expectations, notes Chain Store Age.
    • Concerns on mall traffic, a West Coast port slowdown, and a frenzied level of promotions drove consensus estimates lower before some macroeconomic factors improved and $2 gas entered the scene.
    • A cross-section of retailers that surprised on the upside includes Barnes & Noble, Pier 1 Imports, Walgreens, Urban Outfitters, and Sonic.
    • What to watch: Costco (NASDAQ:COST) put up a 5% comp for December, putting some pressure on Wal-Mart (NYSE:WMT) and Target (NYSE:TGT) to show signs of late-quarter strength. Signs of weakness at dollar stores (DG, DLTR, FDO, FIVE) and electronics chains (HGG, CONN, BBY) are a concern. Retailers seen as on-trend for the holiday season include Foot Locker (NYSE:FL), Lululemon (NASDAQ:LULU), and Williams-Sonoma (NYSE:WSM).
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, IYC, FDIS, SCC, UCC, PMR, UGE, RCD, SZK
    | 12 Comments
  • Tue, Jan. 6, 11:29 AM
    • Specialty retail is set up to see a strong year, according to Jefferies analyst Randal Konik.
    • The sector enters the year in a better position than in 2014 with inventory clean and the macroeconomic backdrop looking supportive.
    • Comp sales will lag a string of weak quarters and lower cotton prices will filter down to the bottom lines of the group, says Konik.
    • Specialty retailers (partial list): EXPR, ZUMZ, PSUN, ARO, AEO, ANF, CACH, CHS, NWY, BEBE, ANN, CBK, GPS, GES, PIR, BBBY, TCS, LE, VRA.
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, FXD, FDIS, PMR, RCD
    | Comment!
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XRT Description
The SPDR® S&P® Retail ETF seeks to replicate as closely as possible, before expenses, the total return performance of the S&P Retail Select Industry® Index. Our approach is designed to provide portfolios with low portfolio turnover, accurate tracking, and lower costs.
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Sector: Services
Country: United States
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