Don't Miss These 3 Retail Stocks for Fall Gains
A&F(ANF) MarketBeat·2024-09-21 11:01
U.S. retail and food service sales for August reached nearly $711 billion, an improvement of 0.1% sequentially and 2.1% year-over-year. Though relatively modest, these gains nonetheless represent a surprise, as many analysts had anticipated that poor auto sales and the lingering impact of inflation would prompt a decline in retail sales overall. Growth in this area suggests that consumers in the U.S. are still interested in spending money on retail goods, despite a variety of pressures.There is reason to th ...