Retailers in the Bargain Bin
Sales were soft in the most recent quarter, but we see brighter days ahead.
Sluggish sales has been the theme for retailers reporting second-quarter results, but we think the market isn’t giving enough credit for future improvement. Nordstrom, Macy’s, and Kohl’s all trade well below what we think they’re worth.
David Swartz does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.