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Is Buckle, (BKE) Outperforming Other Retail-Wholesale Stocks This Year?

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Investors focused on the Retail-Wholesale space have likely heard of Buckle, (BKE - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of BKE and the rest of the Retail-Wholesale group's stocks.

Buckle, is a member of the Retail-Wholesale sector. This group includes 214 individual stocks and currently holds a Zacks Sector Rank of #7. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

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. BKE is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for BKE's full-year earnings has moved 4.95% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the latest available data, BKE has gained about 9.47% so far this year. Meanwhile, the Retail-Wholesale sector has returned an average of 18.47% on a year-to-date basis. This means that Buckle, is performing better than its sector in terms of year-to-date returns.

Looking more specifically, BKE belongs to the Retail - Apparel and Shoes industry, a group that includes 33 individual stocks and currently sits at #68 in the Zacks Industry Rank. Stocks in this group have gained about 7.03% so far this year, so BKE is performing better this group in terms of year-to-date returns.

BKE will likely be looking to continue its solid performance, so investors interested Retail-Wholesale stocks should continue to pay close attention to the company.


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