Investment Strategy

2 Losing Retail Stocks to Avoid Ahead of Earnings

  • Retailers are the final group of companies scheduled to report earnings this season
  • Investors should avoid Target and Stitch Fix ahead of their latest results
  • Both companies are set to deliver sharp declines in EPS and sales growth due to the uncertain outlook

In sharp contrast to Wednesday’s article, in which I highlighted TJX Companies (NYSE:TJX) and Academy Sports Outdoors (NASDAQ:ASO) as two of the best names to currently own in the retail space, below I take a look at two retailers whose stocks you ought to avoid ahead of their upcoming earnings in the weeks ahead.

Read more here: https://www.investing.com/analysis/2-losing-retail-stocks-to-avoid-ahead-of-earnings-200635412

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Investment StrategyStocks