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Bilifuduo (97.17)

Profiting from Retail Sector Growth



June 21, 2012 – Comments (0) | RELATED TICKERS: ZUMZ , ROST , TJX

One sector is showing surprising resilience and strength in the face of the slowing domestic economic recovery, the sovereign debt crisis in Europe, and fears of a slowdown in China. The retail sector has blossomed in these uncertain economic times. Zumiez (NASDAQ: ZUMZ) recently increased 2012 Q1 earnings by 150% YOY. Ross Stores (NASDAQ: ROST) recently posted a 26% YOY gain in Q1 and grew its earnings an average of 24% the last three quarters. Overall, the S&P Retail Index has soared 19.1% YTD, compared to 6.3% for the S&P 500. Full story: here

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