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Is Cracker Barrel Old Country Store (CBRL) Stock Outpacing Its Retail-Wholesale Peers This Year?

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For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Cracker Barrel Old Country Store (CBRL - 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.

Cracker Barrel Old Country Store is a member of the Retail-Wholesale sector. This group includes 187 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Cracker Barrel Old Country Store is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for CBRL's full-year earnings has moved 73.7% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, CBRL has moved about 111.9% on a year-to-date basis. In comparison, Retail-Wholesale companies have returned an average of -0.1%. This shows that Cracker Barrel Old Country Store is outperforming its peers so far this year.

Macy's (M - Free Report) is another Retail-Wholesale stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 14.1%.

In Macy's' case, the consensus EPS estimate for the current year increased 4.9% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Breaking things down more, Cracker Barrel Old Country Store is a member of the Retail - Restaurants industry, which includes 36 individual companies and currently sits at #184 in the Zacks Industry Rank. On average, this group has gained an average of 1.1% so far this year, meaning that CBRL is performing better in terms of year-to-date returns.

On the other hand, Macy's belongs to the Retail - Regional Department Stores industry. This 4-stock industry is currently ranked #56. The industry has moved +2.4% year to date.

Investors interested in the Retail-Wholesale sector may want to keep a close eye on Cracker Barrel Old Country Store and Macy's as they attempt to continue their solid performance.

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