TPR

Tractor Supply Company TSCO is likely to register increases in the top and bottom lines when it reports second-quarter 2026 results on June 23, before market open. The Zacks Consensus Estimate for revenues is pegged at $4.6 billion, indicating a 4.6% jump from the year-ago reported figure.The bottom line of the leading rural lifestyle retailer in the United States is expected to have risen year over year. The Zacks Consensus Estimate for earnings per share has been moved down by a penny to 85 cents in the past 30 days, indicating a 4.9% rise from the year-ago period’s reported figure.Tractor Supply has a negative trailing four-quarter earnings surprise of 3.7%, on average. In the last reported quarter, this Brentwood, TN-based company’s earnings missed the Zacks Consensus Estimate by 11.4%. Tractor Supply Company price-eps-surprise | Tractor Supply Company Quote Tractor Supply’s second-quarter 2026 results are expected to reflect higher expenses for a while. The company expects an increase in SG&A expenses due to deleveraged fixed costs and an accelerated store opening cadence. On the last reported quarter’s earnings call, management anticipated higher SG&A deleverage in the first half, owing to the timing of store openings, more normalized incentive compensation and the lapping of earlier strategic investments.Our model indicates a 7.6% year-over-year increase in SG&A expenses for the second quarter, with the SG&A expense rate rising 50 basis points to 21.7%. Depreciation and amortization expenses are expected to increase 5.2% year over year.Tractor Supply also faces headwinds from soft discretionary spending, pressured rural consumer demand and cautious big-ticket purchases. Persistent inflation and interest rates are weighing on traffic and ticket sizes, while weather volatility impacts seasonal categories. Margin pressure from elevated labor, freight and promotional activity remains concerning. Slower farm income trends and increased competition add to near-term uncertainty.However, Tractor Supply has been gaining from consistent market share expansion and positive customer trends. In addition, the company benefits from the execution of its everyday low-price strategy. Tractor Supply is focused on its Life Out Here lifestyle assortment and convenient shopping format to attract customers and expand market share. The strategy is essentially based on five k...

Levi Strauss & Co. LEVI reported strong second-quarter fiscal 2026 results, with earnings and revenues surpassing the Zacks Consensus Estimate. The denim apparel maker continued to benefit from healthy consumer demand, robust Direct-to-Consumer (DTC) momentum, broad-based international growth and improving profitability. Management raised its fiscal 2026 revenue and earnings outlook.The global denim leader reported adjusted earnings of 28 cents per share, which beat the Zacks Consensus Estimate of 24 cents by 16.7%. The bottom line also increased 27.3% from the 22 cents reported in the year-ago quarter.Quarterly net revenues increased 8% year over year to $1.56 billion, surpassing the Zacks Consensus Estimate of $1.52 billion by 2.5%. Organic revenues advanced 5.7%, reflecting balanced growth across regions, channels and product categories.Despite the earnings beat and higher full-year guidance, LEVI shares declined 5.5% following the earnings release. While management reaffirmed confidence in the business and highlighted broad-based growth, the company also noted that tariff and foreign exchange pressures remained headwinds and were embedded in its updated fiscal 2026 outlook. Levi Strauss & Co. price-consensus-eps-surprise-chart | Levi Strauss & Co. Quote Levi Strauss' DTC business remained the primary growth engine during the quarter. DTC revenues increased 10.8% on a reported basis and 8.4% organically, benefiting from higher store productivity and strong digital momentum. E-commerce revenues climbed 19% on a reported basis and 17% organically, while DTC comparable sales advanced 6%. The DTC channel accounted for 51% of total company revenues during the second quarter.Wholesale revenues grew 5.3% on a reported basis and 3.1% organically, reflecting healthy demand across retail partners. Beyond Yoga also performed strongly, with revenues increasing 15.8% year over year.The Zacks Consensus Estimate for the DTC and wholesale channels was pegged at $805 million and $734 million, respectively, for the fiscal second quarter.Management emphasized that the company's balanced growth strategy continued to generate momentum across wholesale and DTC, U.S. and international markets, women's and men's businesses, as well as tops and bottoms. Categories beyond denim bottoms contributed roughly one-third of quarterly revenue growth, highlighting Levi Strauss' transforma...

Levi Strauss & Co. LEVI is likely to register top and-bottom line growth when it reports second-quarter fiscal 2026 earnings on July 8, before market open. The Zacks Consensus Estimate for revenues is $1.52 billion, which indicates a rise of 4.8% from the year-ago quarter’s level.The consensus estimate for quarterly earnings has been stable over the past 30 days at 24 cents per share and indicates a rise of 9.1% from the year-earlier quarter’s tally.The company has an average trailing four-quarter earnings surprise of 21.4%. It delivered an earnings surprise of 13.5% in the last reported quarter. Levi Strauss’ quarterly performance is likely to have benefited from omnichannel initiatives and brand strength, including jeanswear. The company has been strengthening its omni capabilities, including Buy Online, Pick-up in Store, line-queuing, same-day delivery, mobile checkout and return capabilities, including contactless returns. This ensures a seamless shopping experience for customers across online and offline channels.The company is expanding its premium product offerings to attract higher-income consumers while maintaining value-oriented options for price-conscious shoppers. At the same time, Levi Strauss is streamlining its brand portfolio by placing greater emphasis on its flagship Levi's brand and other high-growth categories. The company continues to elevate its brands, invest in digital capabilities and diversify across geographies, product categories and distribution channels. These strategic initiatives, coupled with the strength of its direct-to-consumer business, are likely to have supported its quarterly performance. Such strengths, along with its solid direct-to-consumer business, are likely to have bolstered the quarterly performance. On its last earnings call, management had expected reported revenues to grow in the range of 4-5% for the second quarter and organic growth of 3-4%. The company’s mitigation efforts are likely to have fully offset the tariff impacts. It had anticipated an adjusted EBIT margin in the range of 8-9%, with EPS of 22-24 cents.The Zacks Consensus Estimate for quarterly revenues is currently pegged at $785 million for Americas, $424 million for Europe and $275 million for Asia, indicating respective increases of 4.9%, 5.2% and 6.6% year over year.However, a challenging operating backdrop, including supply-chain disruption...

PVH Corp. PVH is drawing investor attention after an earnings beat and a valuation profile that screens cheaply against earnings and sales. The question is whether that value case is strong enough when full-year sales are expected to be roughly flat.The answer depends on how investors weigh brand execution and tariff offsets against softer demand in Europe, the Middle East and Africa. PVH trades at a trailing 12-month price-to-earnings multiple of 6.9X and a forward price-to-earnings multiple of 6.4X. Its price-to-sales ratio is 0.4X, while the PEG ratio stands at 0.9. Image Source: Zacks Investment Research Those figures support the stock’s value appeal, especially after shares gained 21.8% in the past three months compared with the industry’s 0.5% rise. The stock also has a 52-week range of $59.60 to $100.75, with the latest referenced stock price at $77.07.Ralph Lauren Corporation RL is a useful peer for investors comparing global apparel companies with premium brand positioning and international distribution. Tapestry, Inc. TPR, the parent of Coach and Kate Spade, offers another relevant comparison for brand-led consumer discretionary companies focused on direct relationships with shoppers. PVH reported adjusted earnings of $2.01 per share for the first quarter of fiscal 2026, topping the Zacks Consensus Estimate of $1.80 and management’s guidance range of $1.65-$1.80. The figure was down 12.6% from the year-ago quarter’s $2.30.Revenues increased 2% year over year to $2.025 billion and beat the consensus mark of $1.997 billion. On a constant-currency basis, revenues declined 2%, underscoring why the post-earnings debate is not only about the earnings beat. PVH Corp. price-eps-surprise | PVH Corp. Quote Direct-to-consumer revenues rose 6% on a reported basis and 3% in constant currency. Owned and operated digital commerce advanced 11% reported and 6% in constant currency, with growth across all regions. PVH continues to rely on Calvin Klein and Tommy Hilfiger as its core engines. In the first quarter, Calvin Klein revenues increased 1% reported but declined 3% in constant currency, while Tommy Hilfiger revenues rose 3% reported and fell 2% in constant currency.The company is using product innovation, marketing and consumer engagement to strengthen key categories. Calvin Klein is focused on underwear and denim, while Tommy Hilfiger is emphasizing sweaters,...

G-III Apparel Group, Ltd. GIII reported first-quarter fiscal 2027 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. Also, both metrics decreased year over year. The quarterly performance reflected the planned exit of Calvin Klein and Tommy Hilfiger licensed businesses. However, the company highlighted continued momentum across G-III’s go-forward portfolio, which includes owned brands, such as DKNY, Donna Karan, Karl Lagerfeld and Vilebrequin. Strong full-price selling, improved inventory management and a greater mix of owned brands contributed to margin improvement despite a challenging macroeconomic backdrop.Management also announced the acquisition of the Marc Jacobs brand in partnership with WHP Global, a move that is expected to accelerate G-III’s transformation into a more brand-led fashion company and expand its long-term growth opportunities. The company raised its earnings outlook for fiscal 2027. G-III Apparel Group, LTD. price-consensus-eps-surprise-chart | G-III Apparel Group, LTD. Quote G-III reported an adjusted loss per share of 21 cents, which was narrower than the Zacks Consensus Estimate of an adjusted loss of 30 cents. In the year-ago quarter, the company reported adjusted earnings of 19 cents.Net sales declined 8.2% year over year to $536 million but surpassed the Zacks Consensus Estimate of $530 million. The decrease primarily reflected lower sales from the Calvin Klein and Tommy Hilfiger licensed businesses as the company continues its portfolio transition. However, results benefited from growth across the go-forward portfolio and stronger full-price selling.Net sales in the wholesale segment were $515 million, which surpassed the Zacks Consensus Estimate of $506.9 million. This compares with the $563 million reported in the prior-year period. The decrease was mainly attributable to lower sales from the Calvin Klein and Tommy Hilfiger licensed businesses, partially offset by growth in owned brands and the company’s go-forward license portfolio.Net sales in the company’s retail segment were $41 million in the fiscal first quarter, which beat the consensus estimate of $38.6 million and compared with $36 million in the prior-year quarter. The improvement was driven by robust direct-to-consumer performance across the company's owned brands, including Donna Karan, DKNY, Karl Lagerfeld and Vilebrequin. During th...

Boot Barn Holdings, Inc. BOOT delivered a significantly strong fiscal 2026 performance, with earnings per share increasing 25% to $7.35. The company attributed the results to its continued commitment to its strategic initiatives, which played a key role in driving both revenue growth and profitability. The company’s store expansion strategy is a key initiative supporting the earnings growth momentum. Over the past five years, the company opened 267 stores, doubling its store base to 539 locations. These new stores contributed more than $750 million in incremental fiscal 2026 revenue and exceeded expectations for sales, earnings and payback. Boot Barn plans to open 70 new stores in fiscal 2026, and remains focused on growing its footprint as it progresses toward its long-term goal of operating 1,200 stores across the United States. Additionally, merchandise margin expansion and exclusive brand penetration remain key growth drivers. Merchandise margin increased 80 basis points in fiscal 2026, exceeding management’s initial expectations. Exclusive brand penetration also rose 220 basis points to 40.8%, continuing a multi-year growth trend. Looking ahead, management expects further gains in exclusive brand penetration to reach 41.3% in fiscal 2027, with merchandise margin expected to reach approximately 51.4% of sales, representing a 50-basis-point year-over-year improvement. Boot Barn remains confident that its strategic initiatives will continue to support both near-term performance and long-term growth. As a result, the company expects its earnings per share growth to continue in fiscal 2027, with earnings per share projected to increase 18% year over year to $8.64, reflecting continued double-digit growth momentum despite a more moderate growth rate. The Zacks Consensus Estimate for BOOT’s current and next fiscal year earnings implies a year-over-year rise of 16.5% and 15.9%, respectively. Image Source: Zacks Investment Research From a valuation standpoint, BOOT trades at a forward price-to-earnings ratio of 19.24, higher than the industry’s average of 14.88. Image Source: Zacks Investment Research BOOT’s shares have gained 2.6% in the past year compared with the industry’s growth of 2.8%. BOOT presently carries a Zacks Rank #3 (Hold). Image Source: Zacks Investment Research Some better-ranked stocks have been discussed below: Tapestry, Inc. TPR provides acce...

Five Below, Inc. FIVE reported impressive first-quarter fiscal 2026 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. Also, net sales and earnings increased year over year, supported by strong comparable sales growth driven by gains in both traffic and average ticket. FIVE posted adjusted earnings per share of $2.22 in the fiscal first quarter, which beat the Zacks Consensus Estimate of $1.70. Also, the figure surged 158% from 86 cents in the year-ago quarter. Five Below, Inc. price-consensus-eps-surprise-chart | Five Below, Inc. Quote Net sales were $1,285.6 million, which increased 32.5% year over year from $970.5 million. Also, this metric surpassed the Zacks Consensus Estimate of $1,205 million. Comparable sales (comps) increased 22.7% year over year, surpassing our estimated growth of 15.6% growth. Comps growth was driven by a 4% increase in ticket and a 19% rise in transactions. Adjusted gross profit grew 46% year over year to $478.6 million from $328.4 million. The adjusted gross margin increased approximately 340 basis points (bps) year over year to 37.2%. The improvement was primarily driven by fixed-cost leverage from strong comparable sales growth, along with distribution efficiencies and a lower shrink accrual, which further supported profitability during the quarter. Selling, general and administrative (SG&A) costs stood at $324 million. While SG&A costs, as a percentage of net sales, decreased approximately 250 bps to 25.2%. The improvement was primarily driven by strong comparable sales growth, which enabled fixed costs to be spread across a larger revenue base. These benefits were partially offset by higher incentive compensation expenses and increased store labor costs associated with April's physical inventory counts. Adjusted operating income was $154.8 million, up 160% year over year from $59.6 million. The adjusted operating margin increased approximately 600 bps to 12%. The company opened 49 net new stores and ended the quarter with 1,970 stores across 46 states. This represents a 7.9% increase in the number of stores from the end of the first quarter of fiscal 2025. The company expects to open approximately 50 new stores in the fiscal second quarter and 150 new stores for fiscal 2026. The company ended the fiscal first quarter with cash and cash equivalents of $638.9 million and short-term investment securiti...

Macy’s, Inc. M reported first-quarter fiscal 2026 results, wherein earnings and revenues surpassed the Zacks Consensus Estimate. Also, both metrics increased from the year-ago quarter.The company delivered its strongest fiscal first-quarter comparable-sales performance in four years, supported by positive sales growth across all three nameplates — Macy’s, Bloomingdale’s and Bluemercury. Management highlighted that the company’s Bold New Chapter strategy continues to gain traction, driving broad-based operational and financial improvements.Encouraged by the strong fiscal first-quarter performance and positive second-quarter trends, management raised its fiscal 2026 outlook for net sales, comparable sales and adjusted earnings per share, reflecting confidence in the momentum of its go-forward business. Macy's, Inc. price-consensus-eps-surprise-chart | Macy's, Inc. Quote The company reported adjusted earnings of 13 cents per share, comfortably surpassing the Zacks Consensus Estimate of 2 cents and improving from adjusted earnings of 11 cents in the year-ago quarter. Earnings per share were 23 cents compared with 13 cents in the prior-year period.Net sales of $4,682 million surpassed the Zacks Consensus Estimate of $4,623 million. The top line increased 1.8% year over year, benefiting from positive comparable sales across all three nameplates. Comparable sales rose 3%, marking the company’s strongest fiscal first-quarter comparable-sales performance in four years. We expected comparable sales to increase 1% in the quarter under review.M’s go-forward business comps, including go-forward locations and digital platforms across Macy’s, Bloomingdale’s and Bluemercury, increased 3.1% on an owned-plus-licensed-plus-marketplace basis.Net credit card revenues were $172 million, up 11.7% year over year, driven by the company’s healthy credit portfolio and prudent management of net credit card losses. The metric represented 3.7% of net sales compared with 3.3% in the year-ago quarter.Macy’s Media Network revenues were $38 million, down 5% year over year, indicating the timing of advertising spending on a year-over-year basis. The metric represented 0.8% of net sales compared with 0.9% in the prior-year quarter. Comps across the Macy’s brand increased 1.6% year over year on an owned-plus-licensed-plus-marketplace basis. Reimagine 200 locations continued to outperform, with...

Victoria’s Secret & Co. (VSXY) delivered a strong first quarter of fiscal 2026, with results coming in well above the company’s prior outlook. Both the top and bottom lines increased year over year. The stronger-than-expected performance was well received by investors, with the company’s share price rising 47.4% during yesterday’s trading session, reflecting increased confidence in its business momentum. VSXY’s adjusted earnings were 60 cents per share, increasing significantly from 9 cents in the prior-year period. The reported figure was above the company’s prior range of 20-30 cents. Net sales rose 15.3% year over year to $1,559.6 million from $1,353 million, topping the previous guided range of $1,490-$1,525 million. Sales growth was supported by a 13% year-over-year comparable sales increase. Margin performance was a notable highlight. The company’s gross profit increased to $586.9 million from $476 million in the prior-year period, driven by higher regular-price selling, reduced promotions and leverage in buying and occupancy expenses, despite tariff headwinds. The adjusted gross margin improved to 37.6% from 35.2% in the prior-year period. The company’s adjusted general, administrative and store operating expenses increased to $506.9 million from $444.3 million in the prior-year period. However, adjusted general, administrative and store operating expenses, as a percentage of sales, declined 30 basis points to 32.5% from 32.8% in the prior-year period. Adjusted operating income for the first quarter reached $80 million, substantially above the previously guided range of $32 million to $42 million. The result also represented a significant improvement from the adjusted operating income of $31.7 million reported in the first quarter of 2025, highlighting a stronger-than-expected start to the fiscal year. Adjusted operating margin was 5.1% compared with 2.3% in the previous-year period. North America store sales increased 11.3% year over year to $802.8 million from $721.3 million, while the direct business grew 8.4% year over year to $469.4 million from $433.2 million, reflecting strength in both physical and digital demand.International delivered the fastest growth, with net sales jumping 44.9% year over year to $287.4 million from $198.4 million. The company noted that its international results include multiple components such as joint venture sales in...

Signet Jewelers Limited SIG has posted first-quarter fiscal 2027 results, wherein the bottom line beat the Zacks Consensus Estimate, while the top line marginally missed. Sales increased year over year, supported by positive same-store sales growth and strength across the Bridal and Fashion categories.The company benefited from healthy consumer demand during the Valentine’s Day and early Mother’s Day selling periods, as well as continued progress under its “Grow Brand Love” strategy. Management accelerated go-to-market initiatives across Kay, Zales and Jared, focusing on stronger brand differentiation, more impactful marketing campaigns, enhanced digital experiences and improved store environments. These efforts are aimed at strengthening customer engagement and supporting sustainable long-term growth.Cost-reduction initiatives implemented in fiscal 2026 contributed to margin expansion and higher adjusted operating income. Encouraged by strong fiscal first-quarter execution and positive trends entering the second quarter, management raised its fiscal 2027 adjusted EPS outlook and increased the midpoint of its sales and profitability guidance. Signet Jewelers Limited price-consensus-eps-surprise-chart | Signet Jewelers Limited Quote SIG reported adjusted earnings of $1.56 per share in the first quarter of fiscal 2027, surpassing the Zacks Consensus Estimate of $1.32. The bottom line increased 32.2% from adjusted earnings of $1.18 in the year-ago period, benefiting from higher adjusted operating income, a lower diluted share count and higher interest income.This jewelry retailer generated total sales of $1,553.6 million, slightly missing the consensus estimate of $1,558 million. However, the top line increased 0.8% year over year. Same-store sales grew 1.8%, while merchandise average unit retail rose approximately 5% from the prior-year quarter, driven by growth in the Bridal and Fashion categories. Gross profit in the first quarter of fiscal 2027 totaled $556.5 million, down 7.1% from $598.8 million in the year-ago quarter. The gross margin contracted 310 basis points year over year to 35.8%, primarily reflecting inventory write-downs related to the transition of the James Allen brand. Adjusted gross profit was $589.2 million, falling 1.6% year over year. The adjusted gross margin was 37.9%, which moved down 90 basis points year over year.Selling, general and...

Boot Barn Holdings, Inc. BOOT delivered strong e-commerce performance in the fourth quarter of fiscal 2026, supported by double-digit growth on bootbarn.com. The company’s e-commerce comparable sales increased 14.1% in the final quarter. To further strengthen its digital presence, the company launched dedicated websites for two of its women's exclusive brands, Cheyenne and CLEO & WOLF. Management expressed satisfaction with the early performance of these platforms, highlighting their ability to enhance brand storytelling and customer engagement. The new websites also support the company's strategy of positioning and marketing its exclusive brands as distinct stand-alone brands. Boot Barn is leveraging AI to drive incremental traffic across both online and in-store channels while enhancing the customer experience and strengthening brand engagement. The company relies heavily on social media platforms to market its exclusive brands, with Meta and TikTok serving as key customer acquisition channels. Management highlighted the effectiveness of these platforms' algorithms in identifying and reaching potential new customers. Additionally, social media platforms provide an environment where consumers are more receptive to product discovery and advertising, enabling the company to introduce new products and enhance brand visibility in a less disruptive manner. Overall, Boot Barn’s AI-powered customer acquisition initiatives, expanding portfolio of exclusive brand websites and effective social commerce efforts continue to support strong online momentum. The company expects e-commerce comparable sales growth of 13% in fiscal 2027, with digital channels remaining a key contributor to e-commerce growth and customer engagement. BOOT’s shares have gained 7.8% in the past year compared with the industry’s growth of 7.9%. BOOT presently carries a Zacks Rank #3 (Hold). Image Source: Zacks Investment Research From a valuation standpoint, BOOT trades at a forward price-to-earnings ratio of 19.36, higher than the industry’s average of 15.50. Image Source: Zacks Investment Research The Zacks Consensus Estimate for BOOT’s current and next fiscal year earnings implies a year-over-year rise of 16.5% and 15.9%, respectively. Image Source: Zacks Investment Research Some better-ranked stocks have been discussed below: Tapestry, Inc. TPR provides accessories and lifestyle brand product...

American Eagle Outfitters, Inc. AEO reported solid first-quarter fiscal 2026 results wherein both the top and bottom lines surpassed the Zacks Consensus Estimate. Meanwhile, revenues increased from the prior-year figures.AEO posted earnings of 14 cents per share in the fiscal first quarter, surpassing the Zacks Consensus Estimate of 11 cents. American Eagle Outfitters, Inc. price-consensus-eps-surprise-chart | American Eagle Outfitters, Inc. Quote The company benefited from strong demand across its portfolio, led by continued momentum at Aerie, which delivered standout multi-channel performance and profitability. Management credited compelling product assortments and the ongoing resonance of the “100% Aerie REAL” campaign for deepening customer connection and supporting growth. Total net revenues of $1.20 billion jumped 10% year over year and surpassed the Zacks Consensus Estimate of $1.18 billion. This was backed by consolidated comparable sales (comps) and positive results across Aerie brand. Comps edged up 8% in the quarter. Our model predicted positive comps of 7.4% for the fiscal first quarter.Brand-wise, revenues inched down 2.2% year over year to $678.5 million at the American Eagle brand. Also, comps for the brand declined 2%.Revenues jumped 33.6% year over year to $480.8 million for the Aerie brand. Comps for the Aerie brand rose 25%. We expected sales growth of 4.1% year over year at the American Eagle brand and a 13.3% rise at Aerie for the reported quarter. Gross profit inched up 41% year over year to $456 million. The gross margin of 38.2% expanded 860 basis points (bps) from the prior-year period, reflecting a meaningfully stronger merchandise margin profile and better cost leverage. The gain was mainly driven by a 710-basis-point lift in merchandise margins, largely because the prior-year period included a $75 million inventory write-down. In addition, buying, occupancy and warehousing (BOW) costs improved by 150 bps, helped by higher sales and ongoing cost-optimization efforts.Selling, general and administrative (SG&A) expenses increased 11% year over year to $376 million. As a percentage of sales, SG&A expenses increased 40 bps year over year. The increase was led by planned investments in advertising, somewhat offset by leverage in the rest of the expense base.Operating income came in at $28 million, a notable improvement from an operating...