4 Retail Stocks to Invest in as US Sales Rebound in July - Chewy ( NYSE:CHWY ) , Abercrombie & Fitch ( NYSE:ANF )
In a surprising turn of events, U.S. retail sales rebounded in July, indicating robust consumer spending despite ongoing economic challenges. According to the latest report from the Commerce Department, retail sales rose 1% last month to $709.7 billion, better than market expectations.
Ticker |
Sentiment |
Impact |
CHWY
|
Bullish
|
20 %
|
ANF
|
Somewhat Bullish
|
12 %
|
SFM
|
Neutral
|
12 %
|
DECK
|
Somewhat Bullish
|
8 %
|