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Are Retail-Wholesale Stocks Lagging Industria de Diseno Textil (IDEXY) This Year?
IDEXYInditex(IDEXY) ZACKS·2024-10-09 14:45

Group 1 - Industria de Diseno Textil SA (IDEXY) has gained approximately 33.3% year-to-date, outperforming the Retail-Wholesale sector's average return of 20.1% [4] - The Zacks Consensus Estimate for IDEXY's full-year earnings has increased by 2.1% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [4] - IDEXY currently holds a Zacks Rank of 1 (Strong Buy), suggesting it is poised to outperform the broader market in the next one to three months [3] Group 2 - IDEXY belongs to the Retail - Apparel and Shoes industry, which includes 41 companies and has an average gain of 11.6% this year, indicating IDEXY's superior performance [6] - Burlington Stores (BURL), another stock in the Retail-Wholesale sector, has returned 29.4% year-to-date and has a Zacks Rank of 2 (Buy) [5] - The Retail - Discount Stores industry, which includes Burlington Stores, has seen an average increase of 18.5% this year, ranking it 217 in the Zacks Industry Rank [7]