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.
Shares are popping after reporting a beat, and he likes the momentum after this report. They faced tough comps. Shares haven't done much this year until this move. He's been very negative the consumer, but next year he expects retail stocks to do much better.