XRT - SPDR S&P Retail ETF
| Previous Close | 44.13 |
| Open | 0.00 |
| Bid | 44.27 x 1100 |
| Ask | 44.56 x 1400 |
| Day's Range | 0.00 - 0.00 |
| 52 Week Range | |
| Volume | 0 |
| Avg. Volume | 5,165,520 |
| Net Assets | 260.79M |
| NAV | 44.16 |
| PE Ratio (TTM) | N/A |
| Yield | 1.57% |
| YTD Daily Total Return | 8.98% |
| Beta (3Y Monthly) | 1.12 |
| Expense Ratio (net) | 0.35% |
| Inception Date | 2006-06-19 |
- Yahoo Finance Video
What to expect from the retail sector this holiday season
Black Friday shopping is right around the corner and while consumer sentiment has remained relatively strong this year, this holiday season will be closely watched by investors. Margaret Reid, Vice President and Senior Portfolio Manager with The Private Bank at Union Bank, joined The Final Round to discuss
- Yahoo Finance Video
The world’s biggest co-living space offers a hangover drip, 'sky pool'
The 20-story "Collective Canary Wharf" boasts 705 rooms, a sky pool and even includes a hangover IV treatment center. Yahoo Finance's Zack Guzman & Brian Cheung discuss.
- Yahoo Finance Video
Retail ice age claims designer Zac Posen as Barneys New York preps liquidation
The retail apocalypse is hitting one well-known fashion designer while longtime staples from the past struggle to keep up. Yahoo Finance's Alexandra Canal breaks it down, along with Zack Guzman, Emily McCormick and Netflix Co-Founder and first Netflix CEO Marc Randolph.
- Yahoo Finance Video
How a tweak to button downs launched a multi-million dollar business
The founder of innovative retail brand UNTUCKit, Chris Riccobono, talks company growth and expansion plans. Yahoo Finance's Zack Guzman & Brian Cheung, along with former GE Vice Chair and 'Imagine it Forward' author Beth Comstock join in on the conversation.
- Yahoo Finance Video
September retail sales drop for the first time in seven months
Retail sales dropped for the first time in seven months in September. Unexpectedly falling 0.3% last month. Analysts polled by Bloomberg had estimated a 0.3% increase. Charcy Evers, Retail Trends analyst joins Yahoo Finance's Akiko Fujita to discuss.
- MarketWatch
Pier 1's stock rockets to pace NYSE gainers
Shares of Pier 1 Imports Inc. rocketed 34% in afternoon trading Thursday, enough to pace all of the NYSE's gainers, on volume that was more than double the full-day average. The home goods retailer has not released any news, or filed any forms with the Securities and Exchange Commission. Trading volume was about 571,500 shares, or nearly triple the full-day average of about 196,900 shares. The company did not immediately respond to a request for comment. The stock did see some volatility last week, after the company named restructuring expert Robert Riesbeck as its new chief executive, and was on the road to regaining listing compliance with the NYSE. The stock has now soared 149% over the past three months, while the SPDR S&P Retail ETF has climbed 16% and the S&P 500 has rallied 9.9%.
- MarketWatch
Dillard's stock skyrockets 17% after unexpected earnings beat, driving J.C. Penney stock up
Dillard's Inc. stock soared 17% in Thursday trading after it reported a surprise profit, and lifted other department store stocks with it. J.C. Penney Co. Inc. shares jumped 5%, Macy's Inc. shares climbed nearly 3%, and Nordstrom Inc. stock was up almost 2% on Thursday. Many department stores haven't reported their latest quarterly earnings, heading into a holiday season with both bullish forecasts for sales but concerns about the shortened shopping period. Dillard's stock has gained 32% for the year to date, the SPDR S&P Retail ETF is up 9.1% and the S&P 500 index has gained 23.4% for the period.
- Yahoo Finance
Retail 'apocalypse,' Barney's fire sale claims Zac Posen as victim
The retail 'apocalypse' hits celebrity designer Zac Posen as iconic staples from the past struggle to keep up amid a changing fashion landscape.
- Yahoo Finance
'We’re seeing a good forecast for the holiday season': Former Saks CEO
The holiday shopping season is officially here, and the U.S. consumer looks healthy, according to former Saks CEO Steve Sadove.
- MarketWatch
Party City's stock rocked after surprise loss, revenue miss and guidance cut
Shares of Party City Holdco Inc. plummeted 41% in premarket trading, putting them on track to open at a record low, after the party goods retailer reported a surprise third-quarter loss, revenue that fell more than expected and cut its full-year outlook, citing negative effects of helium shortages and weak Halloween sales. The company reported late-Wednesday a net loss that widened to $39.7 million, or $3.02 a share, from a loss of $2.0 million, or 3 cents a share, in the year-ago period. Excluding non-recurring items, such as charges relate to its store-optimization program, the adjusted loss per share was 28 cents, compared with the FactSet consensus of breakeven. Revenue fell 2.3% to $540.2 million, below the FactSet consensus of $551.0 million. Branded same-store sales decreased 2.6%, with a 210 basis point (2.1 percentage points) headwind from the helium shortage. Halloween product sales for the quarter and the month of October combined fell 3.2%. The company cut its 2019 guidance ranges for adjusted EPS to 84 cents to 91 cents from $1.26 to $1.36 and for revenue to $2.35 billion to $2.38 billion from $2.40 billion to $2.45 billion. The stock had tumbled 39% year to date through Wednesday, while the SPDR S&P Retail ETF had advanced 9.2% and the S&P 500 had climbed 23%.
- MarketWatch
MasterCard SpendingPulse expects 3.1% sales growth in November and December
MasterCard SpendingPulse forecasts 3.1% holiday sales growth from November 1 to December 24. Online sales are expected to account for 14.6% of total retail sales. This year, there are only 26 shopping days between Thanksgiving and Christmas day, six days fewer than last year. "A shorter holiday season puts more importance on each shopping day of the season, making the role of the internet important in helping deliver consumers the omnichannel shopping experience they want," said Steve Sadove, senior advisor for Mastercard, in a statement. Other forecasts from groups like AlixPartners and the National Retail Federation are also bullish, though they cite the impact of uncertainty from issues like the trade war. The Amplify Online Retail ETF has gained 7.3% over the past year. The SPDR S&P Retail ETF is down 8.5%. The S&P 500 index is up 13.2% and the Dow Jones Industrial Average has rallied 8.7% for the period.
- Yahoo Finance
How UNTUCKit is breaking new ground in a saturated retail market
In a saturated retail market, one fashion brand is creating a line of well-tailored button down shirts that are anything but boring.
- Benzinga
How Much Did Americans Spend On Halloween In 2019?
Shoppers planned to spend an average of about $86 each this Halloween season, between costumes, candy for the youngsters and scary stuff for the yard, according to data from the National Retail Federation. Halloween revelers in the United States will spend about 50 cents less per person on average than they did last year — $86.27, down from $86.79. The total works out to about $8.8 billion in spending across the country, down from about $9 billion last year, the NRF said.
- Barrons.com
Lululemon Stock Falls as Analyst Warns About Margins
Citigroup downgraded the athletic-apparel retailer, saying that while lululemon has done almost everything right, investors could be disappointed by its next set of earnings.
- Barrons.com
Nordstrom Bets Big on a New York Flagship
The department store chain has seen its shares battered, but it continues to expand—including opening its first full store in Manhattan. Now it thinks it’s positioned for better times.
- Zacks
Top-Ranked Sector ETFs to Buy for Q4
These sectors have a solid Zacks Rank and put the spotlight on these ETFs.
- Yahoo Finance
Moody's analyst on Amazon: 'I would be shocked if next-day delivery has been a raging success'
One expert predicts Amazon’s nationwide rollout for free, one-day shipping will remain top of mind for investors as the company gears up to report Thursday after the bell.
- MarketWatch
Victoria's Secret parent L Brands, Macy's, Gap shares tank after downgrades as pressure mounts for holiday season
Credit Suisse analysts went on a downgraded spree in the retail sector, lowering Macy's Inc. , Gap Inc. and Victoria's Secret parent company L Brands Inc. to underperform from neutral based on analyst forecasts that weak recent trends will continue through the holiday season. L Brands stock slumped 8% after the downgrade, Gap stock slumped 5.8% in Friday trading, and Macy's stock was down 4.3%. Among the factors causing the pressure are a shorter holiday shopping calendar and tariff and tourism uncertainty. Analysts expressed concern, and lowered estimates, across the U.S. softline retailer group, but were especially cautious on these three retailers. Credit Suisse thinks Macy's "same-store sales trends likely running below Street estimates in Q3" with the "earnings-per-share algorithm in much more fragile state today vs. pre-2008 recession." Analysts cut Macy's price target to $12 from $19. Analysts cut Gap's price target to $14 from $20. "We believe the pending spinoff of Old Navy will ultimately prove to have been destructive to equity value, and have low confidence that the company will be able to achieve the offsets to dis-synergy costs laid out in its recent presentation," analysts said. And L Brands' price target was slashed to $14 from $22. "In a tougher U.S. backdrop, we see risk to 2H guide that assumes a fairly quick turn in Victoria's Secret trends with the multitude of challenges facing the company today making it difficult to support the stock on valuation alone," Credit Suisse said. Analysts top picks in the sector are all rated outperform and all had price target hikes: Vans parent VF Corp. , up to $116 from $104; off-price retailer Ross Stores Inc. , up to $130 from $120; Burlington Stores Inc. , up to $245 from $235; and Nike Inc. target price raised to $112 from $105. The SPDR S&P Retail ETF is down nearly 9% over the past year while the S&P 500 index has gained 8% for the period.
- Investopedia
Retail ETFs on Cusp of Breakout Ahead of Holiday Sales
Here's why retail stocks may stage a holiday spending season breakout. Shop for some trading opportunities using these three retail ETFs.
- Zacks
Is the Retail Picture Truly Gloomy? ETFs in Focus
We need to see some more months of data before being sure about a retail slowdown.
- Benzinga
Retail Sales Are Down For Big-Ticket Items, But Expectations Are High For Holiday Spending
U.S. retail sales were down for the first time in seven months in September, but the move was mostly driven by declines in big-ticket purchases like cars. The Commerce Department said Wednesday that retail sales were down 0.3% in September, led by a 0.9% decline in auto sales. It was the first overall drop in retail sales — and the biggest — since February, and followed a revised 0.6% gain in retail sales in August.
- ETF Trends
3 Retail ETFs to Watch After Weaker-Than-Expected Data
According to the Commerce Department, U.S. retail sales fell for the first time in seven months during the month of September, which could put retail exchange-traded funds (ETFs) on watch. Retail sales fell 0.3% last month as consumers scaled back their spending on items, such as automobiles, building materials and online purchases. “The drop back in retail sales in September was partly driven by a price-related fall back in gasoline prices, but the fact that underlying control group retail sales were unchanged provides another clear sign that consumption growth is slowing,” wrote Michael Pearce, senior U.S. economist at Capital Economics.
- Zacks
ETFs & Stocks to Defy Weak September Retail Sales
Despite the retail sales slump in September, play these ETFs and stocks that have come from the spaces exhibiting an expansion in sales.
- Zacks
Is Holiday Season Frenzy Fading for Retail ETFs?
The past trend shows that holiday season shopping euphoria is losing its craze, per Coresight. These retail ETFs may be hit hard if that be the case.
- Zacks
4 ETFs to Play the Key Events in Q4
The fourth quarter of the year has been blissful for the stock market historically. Amid this kind of trend, these ETFs should gain this year.
