Are Retail-Wholesale Stocks Lagging Hennes & Mauritz (HNNMY) This Year?

Core Viewpoint - Hennes & Mauritz AB (HNNMY) is currently outperforming its peers in the Retail-Wholesale sector, with a year-to-date return of 34.9% compared to the sector average of 3.7% [4]. Company Performance - Hennes & Mauritz AB has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook [3]. - The Zacks Consensus Estimate for HNNMY's full-year earnings has increased by 8.1% over the past quarter, reflecting improved analyst sentiment [4]. - The company belongs to the Retail - Apparel and Shoes industry, which has seen an average loss of 14.8% this year, highlighting HNNMY's strong performance relative to its industry [6]. Industry Context - The Retail-Wholesale sector includes 195 individual stocks and currently holds a Zacks Sector Rank of 10 [2]. - The Retail - Apparel and Shoes industry, which includes Hennes & Mauritz AB, is ranked 58 in the Zacks Industry Rank [6]. - In comparison, Ross Stores, another outperforming stock in the Retail-Wholesale sector, has a year-to-date return of 15.1% and belongs to the Retail - Discount Stores industry, which is ranked 94 [5][6].