Shares of retail and apparel companies are trading higher after a report from Redbook showed a year-over-year retail sales increase for the week ended June 3.
Portfolio Pulse from Benzinga Newsdesk
Retail and apparel stocks are trading higher following a Redbook report showing a year-over-year retail sales increase for the week ended June 3.
June 06, 2023 | 5:47 pm
News sentiment analysis
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POSITIVE IMPACT
American Eagle Outfitters (AEO) stock is trading higher after a Redbook report showed a YoY retail sales increase.
The Redbook report indicates a positive trend in retail sales, which is likely to benefit retail and apparel companies like AEO. This news may lead to increased investor confidence and a short-term positive impact on AEO's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Chico's FAS (CHS) stock is trading higher after a Redbook report showed a YoY retail sales increase.
The Redbook report indicates a positive trend in retail sales, which is likely to benefit retail and apparel companies like CHS. This news may lead to increased investor confidence and a short-term positive impact on CHS's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Chewy (CHWY) stock is trading higher after a Redbook report showed a YoY retail sales increase.
The Redbook report indicates a positive trend in retail sales, which is likely to benefit retail and apparel companies like CHWY. This news may lead to increased investor confidence and a short-term positive impact on CHWY's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Dick's Sporting Goods (DKS) stock is trading higher after a Redbook report showed a YoY retail sales increase.
The Redbook report indicates a positive trend in retail sales, which is likely to benefit retail and apparel companies like DKS. This news may lead to increased investor confidence and a short-term positive impact on DKS's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Five Below (FIVE) stock is trading higher after a Redbook report showed a YoY retail sales increase.
The Redbook report indicates a positive trend in retail sales, which is likely to benefit retail and apparel companies like FIVE. This news may lead to increased investor confidence and a short-term positive impact on FIVE's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Gap Inc. (GPS) stock is trading higher after a Redbook report showed a YoY retail sales increase.
The Redbook report indicates a positive trend in retail sales, which is likely to benefit retail and apparel companies like GPS. This news may lead to increased investor confidence and a short-term positive impact on GPS's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
PVH Corp. (PVH) stock is trading higher after a Redbook report showed a YoY retail sales increase.
The Redbook report indicates a positive trend in retail sales, which is likely to benefit retail and apparel companies like PVH. This news may lead to increased investor confidence and a short-term positive impact on PVH's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
VF Corporation (VFC) stock is trading higher after a Redbook report showed a YoY retail sales increase.
The Redbook report indicates a positive trend in retail sales, which is likely to benefit retail and apparel companies like VFC. This news may lead to increased investor confidence and a short-term positive impact on VFC's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50