Dec. 11, 2014, 10:03 AM
- The S&P Retail ETF (NYSEARCA:XRT) is up 2.3% off of today's strong read on retail sales in the U.S.
- While the big boys are holding their own - Wal-Mart (NYSE:WMT) +1.1%, Target (NYSE:TGT) +2.0%, Costco (NASDAQ:COST) +1.0% - it's the apparel chains and specialty retailers doing the heavy lifting.
- Retail standouts: Barnes & Noble (NYSE:BKS) +3.3%, CST Brands (NYSE:CST) +3.3%, Ascena Retail (NASDAQ:ASNA) +3.2%, Williams-Sonoma (NYSE:WSM) +3.0%, Express (NYSE:EXPR) +2.9%, Stein Mart (NASDAQ:SMRT) +2.7%.
- Previously: Retail Sales report, highlights
Dec. 10, 2014, 10:22 AM
- The S&P 500 Retail ETF (NYSEARCA:XRT) is up 0.3% today despite the negative action in the broader market.
- A forecast for sustained lower oil prices is the major reason for the upswing.
- Top 20 XRT holdings showing gains: Limited Brands (LB +0.6%), Whole Foods Markets (WFM +0.4%), Casey's General Stores (CASY +0.3%), Ross Stores (ROST +0.7%), Kroger (KR +0.9%), Advance Auto Parts (AAP +0.4%), Target (TGT +0.4%), Zumiez (ZUMZ +0.3%), CST Brands (CST +1.3%).
May. 20, 2014, 10:21 AM
- Amazon (AMZN +1.7%) trades higher amid a tough day in retail.
- There's nothing concrete on the table, but some analysts think the company has been stealing some market share from major retailers in Q1 and Q2 as consumers continue to evolve their shopping habits. Staples (SPLS -10%) and Office Depot (ODP -1.5%) come to mind.
- Starbucks (SBUX -1.3%) CEO Howard Schultz seems to have called the retail slide with his perception that a "seismic shift" toward online and mobile is beyond the tipping point (FBN interview, SBUX conference call).
- Related ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, IYK, IYC, FXD, SCC, FDIS, UCC, RHS, PMR, FSTA, RCD, UGE, PSL, PEZ, PSCC, PSCD, SZK
May. 20, 2014, 8:38 AM| 1 Comment
May. 12, 2014, 2:27 PM
- Some out-of-favor teen retailers are staging a comeback of sorts today - led by Aeropostale (ARO +7.1%), Wet Seal (WTSL +3.9%), and Abercrombie & Fitch (ANF +3.3%). Tilly's (TLYS +3.6%) and Buckle (BKE +2.3%) are also in on the action.
- There are some channel checks out indicating a pick-up in traffic at malls, although today's move looks to be led by momentum.
- The rush back into mall some retailers is helping to give a lift to the S&P Retail ETF (XRT).
Nov. 26, 2013, 10:19 AM
- There's plenty of economic data to mull over, but Treasurys are taking their cue from an unexpected decline in Consumer Confidence in November - this despite (or because of) the government returning to work and a stock market that won't quit. Those with good memories will remember the big drop in October was attributed to the government shutdown and chatter about default.
- The Expectations Index also declined - to 69.3 from 72.2.
- "With such uncertainty prevailing, this could be a challenging holiday season for retailers," says The Conference Board's Lynn Franco.
- TLT +0.4%, TBT -0.8%, and the 10-year Treasury yield is off 3 bps to 2.70%.
- Treasury ETFs: TBT, TLT, TMV, TBF, EDV, TTT, TMF, TLH, ZROZ, SBND, DLBS, VGLT, UBT, TLO, FSA, LBND, TENZ, TYBS, DLBL
- Retailing ETFs: XLY, XRT, VCR, RTH, RETL, PEJ, IYK, IYC, SCC, FXD, UCC, PMR, UGE, RCD, SZK, FDIS, PSCD, PEZ
Nov. 21, 2013, 8:32 AM
- The stories are different, but the results are the same for the group of retailers reporting results today.
- Though some Q3 profit estimates are being met on the margin, the outlook for Q4 and beyond has been troubling and could bring down sentiment for the entire sector.
- Premarket: SHLD -4.4%, TGT -3.9%, DLTR -5.6%, ANF -3.3%.
- Related ETFs: XRT, PMR, RTH, VDC.
May. 10, 2013, 12:32 PMA number of retailers are seeing some speculative buying after True Religion TRLG lands a takeover offer and Gap puts in a powerhouse month for sales to help lift sentiment. The S&P Retail ETF (XRT) is up 1.1%, but might be doing better on the day if not for its heavy weighting currently into drugstore and grocery stocks. Gainers: FNP +4.1%, JOEZ +2.3%, VFC +1.5%, JNY +1.9%, GES +2.1%, APP +2.2%, BKE +1.5%. | 1 Comment
Apr. 18, 2013, 12:30 PMDepartment store chains are trading weak with weak economic indicators and chatter on weak sales trends at Wal-Mart (WMT -1.5%) swaying sentiment. The sector is already a bit jitterish with Target's (TGT -0.9%) Q1 sales warnings from earlier in the week still resonating. Decliners include Sears Holdings (SHLD -2.5%), Nordstrom (JWN -1.4%), Saks (SKS -1.6%), and Macy's (M -1.2%) - while Fred's (FRED +0.1%) and J.C. Penney (JCP +1.6%) are bucking the trend. | Comment!
Feb. 15, 2013, 2:41 PM
Jan. 10, 2013, 8:39 AMRetail analysts start to get a little edgy after an early round of reports on holiday sales (Aeropostale, Tiffany, Ascena Retail Group) show considerable weakness in consumer spending. It's still early in the reporting season, but the early tone flowing out from the sector doesn't bode well for retail-focused ETFs such as XRT, XLY, PMR, and RTH. | Comment!
Dec. 26, 2012, 12:34 PM
Nov. 29, 2012, 8:21 AMHoliday season warning for retail? The three heavyweight retailers to report November same-store sales all came in with disappointing marks. While Macy's and Target actually saw sales slip during the month, Gap showed a positive reading below expectations. The quick buzz from analysts is that a deeper trend than just a bump in the road from Hurricane Sandy could be in play. GPS -2.4%, TGT -2.9%, M -2.8%. | Comment!
Jul. 5, 2012, 10:26 AMThe retail sector (XRT +0.5%) ratchets higher after the dust settles from a flood of June sales reports. Investor favorites of the day include Limited (LTD +5.5%) and TJX Companies (TJX +3.5%), with both companies raising their profit outlooks (I, II). Kohl's (KSS +5.3%) is showing surprising strength off its sales miss, but a comment from the department store operator tipping off that sales trends improved over the course over the month is holding sway | Comment!
Mar. 1, 2012, 11:02 AMFebruary retail sales beat expectations across the board, with the 18 retailers (XRT +1%) reporting results posting 6.4% Y/Y growth, vs. 4.8% consensus. Gap (GPS +7.8%) shook off its long slide to post 4% growth in same-store sales. Kroger (KR +2.2%) beat estimates and offered a strong 2012 outlook. Target (TGT -0.4%) same-store sales grew 7%, but it didn't raise guidance. | Comment!
Jan. 5, 2012, 10:20 AMRetailers (XRT -1.5%) are the weakest sector in early trading after many companies cut guidance following disappointing holiday sales figures, as the highly promotional environment weighs on margins. JCP -6.5%, TGT -3.7% and PLCE -10% are among stores cutting their Q4 outlooks (I, II, III). Also lower: COST -1.8%, GPS -5.7%. But ROST +2.7% after raising guidance. | Comment!
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