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Are Consumer Discretionary Stocks Lagging Duluth Holdings (DLTH) This Year?

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For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Duluth Holdings (DLTH - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question.

Duluth Holdings is a member of our Consumer Discretionary group, which includes 261 different companies and currently sits at #7 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

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. Duluth Holdings is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for DLTH's full-year earnings has moved 45.8% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the most recent data, DLTH has returned 98.1% so far this year. Meanwhile, the Consumer Discretionary sector has returned an average of -9.3% on a year-to-date basis. This shows that Duluth Holdings is outperforming its peers so far this year.

Another stock in the Consumer Discretionary sector, Crocs (CROX - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 60.6%.

Over the past three months, Crocs' consensus EPS estimate for the current year has increased 2.1%. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Duluth Holdings belongs to the Textile - Apparel industry, which includes 22 individual stocks and currently sits at #191 in the Zacks Industry Rank. On average, this group has gained an average of 0.7% so far this year, meaning that DLTH is performing better in terms of year-to-date returns. Crocs is also part of the same industry.

Investors interested in the Consumer Discretionary sector may want to keep a close eye on Duluth Holdings and Crocs as they attempt to continue their solid performance.

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