5 Hottest Retail Earnings Charts This Week

(Video length 00:07:30)

Earnings season is winding down but that means we will hear from many of the retailers in the coming weeks.

This week, about 320 companies are expected to report earnings. It will be led by several of the “essential” retailers who cashed in during the pandemic.

Will they hold onto their advantage now that the recovery is here?

Or will new retail winners emerge?

5 Hottest Retail Earnings Charts This Week

1. Walmart (WMT Quick Quote WMT - Free Reportis coming off a miss last quarter. Shares have lagged in 2021 as well, down 3.2% year-to-date compared to the S&P 500 up 11%. Shares are no longer cheap, with a forward P/E of 25. Is it priced for perfection?

2. Home Depot (HD Quick Quote HD - Free Reporthas an excellent earnings surprise track record. It has only missed once in the last 5 years and that was during the start of the coronavirus pandemic. Shares have busted out to new highs in 2021 on strength in the housing market, adding 22% year-to-date. Can it continue to rally?

3. The TJX Companies (TJX Quick Quote TJX - Free Reporthas missed 3 out of the last 4 quarters but shares have broken out to new 5-year highs this year on bullishness about the pandemic recovery. Shares aren’t cheap, with a forward P/E of 30. Is this a retail dark horse?

4. Ralph Lauren Corp. (RL Quick Quote RL - Free Reporthas beat the last 2 quarters and has only missed during the pandemic in the last 5 years. Impressive. Shares have staged a huge recovery from 2020’s lows, and are up 31.6% year-to-date. Is all the good news about apparel priced in?

5. Deckers Outdoor Corp. (DECK Quick Quote DECK - Free Reporthas the best chart of the week. It has only missed once in the last 5 years, in 2017, and has been reporting huge beats during the pandemic. Shares are hitting new 5-year highs again in 2021 as Ugg and Hoka remain hot. With a forward P/E of 23.5, is there still more gas left in the tank?

 

Disclaimer: Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the  more

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.