Stock price when the opinion was issued
Helped by buying goods where the tariff has already been paid by someone else. Key metric is same-store sales: +2.5% in 2025 and overall a strong Q2 despite a soft May, but a good June and July. Their full-year guidance was less optimistic than TJX's. Carry a lot of outerwear, so are vulnerable to variations in the weather (i.e. Warm winter). Third-best among the discount apparel retailers. Trades at 25x 2026 PE. PEG ratio is 1.4. Has been buying back shares at a decent volume.
Reports this week. Have expanded aggressively, but sales per store has weakened. Their report last August was good, but not guidance. This is a tough one to call. Prefers TJX in the off-price space.