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Is Next (NXGPY) Outperforming Other Retail-Wholesale Stocks This Year?

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Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Has Next PLC (NXGPY - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.

Next PLC is a member of our Retail-Wholesale group, which includes 189 different companies and currently sits at #15 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Next PLC is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for NXGPY's full-year earnings has moved 3.3% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the latest available data, NXGPY has gained about 2.2% so far this year. Meanwhile, stocks in the Retail-Wholesale group have lost about 0.1% on average. This means that Next PLC is performing better than its sector in terms of year-to-date returns.

Another stock in the Retail-Wholesale sector, Pattern Group (PTRN - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 71.1%.

The consensus estimate for Pattern Group's current year EPS has increased 23.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Next PLC belongs to the Retail - Apparel and Shoes industry, which includes 40 individual stocks and currently sits at #89 in the Zacks Industry Rank. On average, stocks in this group have lost 5.5% this year, meaning that NXGPY is performing better in terms of year-to-date returns.

Pattern Group, however, belongs to the Internet - Commerce industry. Currently, this 33-stock industry is ranked #152. The industry has moved -1.5% so far this year.

Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to Next PLC and Pattern Group as they could maintain their solid performance.

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