Sheepskin prices are down and inventory has been managed
Most analysts stuck to their top picks like American Eagle and Gap, and Jefferies' Randal Konik said he also expects Ugg maker Deckers Outdoor Corp to do well.
"UGG brand remains a cold weather staple and our checks indicate that sales have picked up after the recent drop in temperatures across much of country. After fourth quarter results, we expect the business to stabilize ... due to lower sheepskin costs and cleaner inventory levels," he said.