Retailers see earnings growth ahead but investors are lukewarm
Key PointsThe retail industry lags the broader market, although Walmart and Costco are among the biggest consumer staples gainers in January.Consumer spending has been strong, with retailers Lululemon, Abercrombie & Fitch, Urban Outfitters and American Eagle Outfitters among those forecasting robust EPS gains.Analysts see retail sales growing in 2024 but also expect consumers to cut back on spending somewhat. 5 stocks we like better than Abercrombie & FitchRetailers and retail-related stocks are among the t ...