Back to top

The Spectacular Earnings Charts of 5 Retail Kings

Read MoreHide Full Article

 

This is the final “big” week of earnings season as over 160 companies are expected to report including several big technology names and over a dozen retailers.

The retail industry bottomed in 2017 and has been in a turnaround ever since.

But it was “throw the baby out with the bath water” in 2017. Even the stocks of some of the best names in the group struggled before finally turning higher.

That was a buying opportunity.

But what does the future look like for the best of the retailers?

These five companies are doing it right with consistent track records of earnings beats and growing earnings and sales.

They are not in any danger of being “Amazoned.”

Will these 5 retail kings keep their stock momentum this week?

5 Retail Kings and Their Great Charts

1.    Michael Kors (KORS - Free Report) saw shares plunge on worries about the handbag market and that it was off trend. But that has turned around dramatically. The company hasn’t missed on earnings in five years. That’s an impressive track record.

2.    PVH (PVH - Free Report) has only missed twice in the last 5 years but that was all the way back in 2014. Shares have broken out to new 5-year highs as the department stores have gotten their mojo back. Can it keep beating expectations?

3.    Burlington Stores (BURL - Free Report) is the dominant retailer that no one is talking about. It has the most impressive chart this week with shares near all-time highs AND it hasn’t missed since the IPO in 2013.

4.    Lululemon (LULU - Free Report) was trading in a narrow trading range for years as investors didn’t trust the new management and didn’t believe the growth story. But it has beat 4 quarters in a row and with the global economy so strong, there is no reason the $100 yoga pants won’t be flying off the shelves. Is this growth company back for good?

5.    Ulta (ULTA - Free Report) is coming off a surprise earnings miss last quarter. The real problem for the shares is that it has just been too good. No retailer can do double digit comps for forever. Has Ulta succeeded at resetting expectations?

 

 [In full disclosure, the author of this article owns shares of ULTA in her personal portfolio.]

 

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>



More from Zacks Video Blog

You May Like