NYSE:CURV - New York Stock Exchange, Inc. - US89142B1070 - Common Stock - Currency: USD
Retailers are adapting their business models as technology changes how people shop. Still, demand can be volatile as the industry is exposed to the ups and downs of consumer spending. This has stirred some uncertainty lately as retail stocks have tumbled by 11.8% over the past six months. This drop was worse than the S&P 500’s 2% fall.
Retailers are adapting their business models as technology changes how people shop. Still, demand can be volatile as the industry is exposed to the ups and downs of consumer spending. This has stirred some uncertainty lately as retail stocks have tumbled by 11.1% over the past six months. This drawdown was worse than the S&P 500’s 2.9% loss.
Retailers are overhauling their operations as technology redefines the shopping experience. Still, secular trends are working against their favor as e-commerce continues to take share from brick and mortars. This puts retail stocks in a tough spot, and over the past six months, the industry has pulled back by 1.6%. This drawdown was disappointing since the S&P 500 climbed 8.1%.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the apparel retailer stocks, including Torrid (NYSE:CURV) and its peers.