Patrick McKeever surveys retail earnings, from Five Below (FIVE) to Ulta (ULTA) and more. Department stores remain an area of weakness, but otherwise it has been a “surprisingly strong” 2Q. Athletics performance depends on brand, he continues, highlighting On Holding (ONON). He notes that there have been bankruptcies, including in large brands like Claire’s; on the other hand, popular brands maintain price control.
Next Gen Investing
29 Aug 2025
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