• Return to Headlines

Shares of TJX Cos Rank the Highest in Terms of Return on Equity in the Apparel Retail Industry (TJX, ROST, GPS, BKE, FL)

By Shiri Gupta

Below are the three companies in the Apparel Retail industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

TJX Cos ranks highest with a ROE of 51.8%. Following is Ross Stores with a ROE of 43.9%. Gap Inc ranks third highest with a ROE of 37.5%.

Buckle follows with a ROE of 35.7%, and Foot Locker rounds out the top five with a ROE of 20.5%.

SmarTrend recommended that its subscribers protect gains by selling shares of Foot Locker on April 5th, 2016 by issuing a Downtrend alert when the shares were trading at $62.77. Since that call, shares of Foot Locker have fallen 11.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest return on equity tjx cos Ross Stores gap inc buckle Foot Locker