An Oasis of Strength in These Women's Retailers
Last week, a host of retailers delivered solid August same-store sales data. That constituted some much-needed good news in an environment that's been lacking consistently positive economic data.
In his Jackson Hole, Wyo., speech Friday, Federal Reserve Chairman Ben Bernanke made it clear he's concerned about sluggish economic growth, but recent retail sales data reveal a mostly resilient consumer. These days, it's not easy to find retailers showing consistently strong earnings and sales growth in recent quarters, as well as relative price strength. However, two fast-growing names fit the bill, and both are scheduled to report earnings this week: Francesca's (FRAN) and Ulta Beauty (ULTA)....480 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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