Tuesday, 28 August 2018 08:49

These Retail Stocks May Surge

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(New York)

Retail as a whole has had a great last twelve months after a very rough ride beforehand. Some think the run is going to continue as the US economy stays strong. That may be the case, but there is one segment of retail that looks likely to do particularly well—footwear. According to a number of analysts, footwear sales like likely to shine across the retail landscape. Everything from Nike, to Michael Kors, to Steve Madden, to Stuart Weitzman all have positive analyst outlooks in the near term.


FINSUM: Retail often does well in Q4 because of colder weather driving spending in higher margin items, so perhaps footwear could benefit.

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