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Given the industry’s bullish growth prospects, investors have been investing heavily in retail stocks since the beginning of the year. This is evident in SPDR S&P Retail ETF’s (XRT) 46.5% gains year-to-date, versus the broader SPDR S&P 500 Trust ETF’s (SPY) 20.1% returns over this period.
Thus, popular retail stocks Academy Sports and Outdoors, Inc. (ASO), Hibbett, Inc. (HIBB), and Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH), with double-digit gains over the past year, appear to have plenty of upside left to deliver.
