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Has Stitch Fix (SFIX) Outpaced Other Retail-Wholesale Stocks This Year?

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Investors focused on the Retail-Wholesale space have likely heard of Stitch Fix (SFIX - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

Stitch Fix is one of 214 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #5 within the Zacks Sector Rank. 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. SFIX is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for SFIX's full-year earnings has moved 75.08% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the latest available data, SFIX has gained about 89.08% so far this year. At the same time, Retail-Wholesale stocks have gained an average of 18.82%. This shows that Stitch Fix is outperforming its peers so far this year.

Looking more specifically, SFIX belongs to the Retail - Apparel and Shoes industry, which includes 33 individual stocks and currently sits at #45 in the Zacks Industry Rank. On average, this group has gained an average of 6.09% so far this year, meaning that SFIX is performing better in terms of year-to-date returns.

SFIX 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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