Revenge of the malls: Retailers rally after earnings suggest holiday sales may be better than feared

Nov. 22, 2022 10:13 AM ETSPDR S&P Retail ETF (XRT)M, AEO, ANF, GPS, JWN, RL, URBN, DBI, CTRN, UAA, EXPR, BURL, BOOT, LEVIBy: Clark Schultz, SA News Editor19 Comments

Digital shopping icons with connections on city background 3D rendering

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Retailers that reported on Tuesday flew higher in early trading with Burlington Stores (BURL) skyrocketing 20.36%, Abercrombie & Fitch (ANF) jumping 17.44%, and American Eagle Outfitters (AEO) soaring 14.38%.

Of note, ANF reported unexpected quarterly profit and pointed to

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