McGough: 'Here's Our Killer Retail Outlook Chart'

|
Includes: BITE, CLIX, CNDF, CNSF, EMTY, FDIS, FSTA, FTXD, FTXG, FXD, FXG, IBUY, IYC, IYK, JHMC, JHMS, MENU, PBJ, PEJ, PEZ, PMR, PSCC, PSCD, PSL, RCD, RETL, RHS, RTH, SCC, SZK, UCC, UGE, VCR, VDC, XD, XLP, XLY, XRT, XS
by: Hedgeye
Summary

Earnings growth for brick-and-mortar retail stores is peaking.

We are at a downward inflection point starting this summer that could hurt brick-and-mortar retailers through at least early 2019.

"We are at peak right now - like at this minute," says Retail analyst Brian McGough.

Earnings growth for brick-and-mortar retail stores is peaking - literally right now.

It's a bold statement, but Hedgeye Retail analyst Brian McGough suggests a downward inflection point starting this summer could hurt brick-and-mortar retailers through at least early 2019.

"We are at peak right now - like at this minute," McGough says in the clip above. "We are at a point where brick and mortar will actually never grow again."

Watch the clip above for the key chart supporting Brian's call and for much more.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.