Retail ETFs in Focus Ahead of Big-Box Q4 Earnings
The retail sector is in focus with the earnings releases of big retailers coming up. Big-box retailers like Wal-Mart (WMT) , Home Depot (HD) , Lowe’s (LOW) and Target (TGT) , as well as store channels like Nordstrom (JWN) and Kohls (KSS) are expected to report this week and in the coming weeks.On the S&P 500 Index, 17 out of 33 retailers have already reported. Earnings of these companies are up 72.4% from the same period last year on 10.7% higher revenues, with 88.2% beating EPS estimates and 58.8% beating ...