Highest Projected Earnings Growth in the Apparel Retail Industry Detected in Shares of Citi Trends (CTRN, AEO, EXPR, FL, ROST)
Below are the three companies in the Apparel Retail industry with the highest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.
Citi Trends ranks highest with a projected earnings growth of 80.0%. American Eagle Outfitters is next with a projected earnings growth of 69.4%. Express ranks third highest with a projected earnings growth of 68.4%.
Foot Locker follows with a projected earnings growth of 18.9%, and Ross Stores rounds out the top five with a projected earnings growth of 12.6%.
SmarTrend recommended that subscribers consider buying shares of Foot Locker on July 6th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $55.31. Since that recommendation, shares of Foot Locker have risen 19.3%. We continue to monitor Foot Locker for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest projected earnings growth citi trends american eagle outfitters express Foot Locker Ross Stores