Are apparel retailer shares a good stock to buy?

As a group, revenues beat analysts’ consensus estimates by 1.1% while next quarter’s revenue guidance was 0.5% below. While some apparel retailer stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 3.4% since the latest earnings results.

Did apparel retailer stocks perform well in Q2?

The 9 apparel retailer stocks we track reported a strong Q2. As a group, revenues beat analysts’ consensus estimates by 1.1% while next quarter’s revenue guidance was 0.5% below. While some apparel retailer stocks have fared somewhat better than others, they have collectively declined.

What are the best fashion and apparel stocks to invest in?

We start the list of best fashion and apparel stocks to invest in with COLM. At the end of September, a total of 19 hedge funds tracked by Insider Monkey were long this stock. The top hedge fund holder of this stock is Richard Scott Greeder’s which had $11 million invested in the stock at the end of September.