Thanks to the Robin Report for again picking up my piece this week on retail performance from the past quarter. Could the recent results merely be the calm before the storm? Are they simply fool’s gold? Please click on the source link below to read the full article.
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Fool’s Gold: Numbers Are Deceptive
The recent rash of early guidance announcements, and the resulting run-up in legacy brick-and-mortar retail stocks is concerning. Admittedly, retail trade sales were the best we have seen in three years, but should we be celebrating them? Or are these announcements just fool’s gold, polished up by tax cut and consumer confidence PR spin? Read more in Retail’s Q4 Sales Results by Christopher Walton.