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: +1% in 2025, and last quarter sales were a little light. Are showing strength in cosmetics, though. They just reiterated ther full-year focast to the upper end of Wall Street's consensus. Numbers were in-line last quarter. Second-best among the discount apparel retailers. Trades at only 22x 2026 PE, lower than peers. PEG ratio is 2.2. They buyback 2% of shares annually.
All 3 of his top picks have an element of defensiveness to them. Out of 500 companies in the S&P 500, this was the only company to post a positive rate of return in 2008. They buy excess inventories from some of the upper-class US stores for their outlet stores. When companies close stores or are having problems, this is good for the likes of this company. ROE is at about 40% and are actively buying back shares. One of the few retailers that are still opening stores. Dividend yield of 1.1%. (Analysts’ price target is $72.50.)