4 Apparel Stocks to Boost Your Portfolio on Soaring Sales
AEOAmerican Eagle Outfitters(AEO) Zacks Investment Research·2024-01-26 22:16

Americans have once again started spending freely as inflationary pressures are steadily easing, making them more confident about the economy. Consumers cut down on spending on expensive goods and stuck to buying necessities for most of 2023 as rising costs continued to hurt their expenses. However, the last few months have seen people spending on expensive items and goods again. The apparel market, which took a hit during this time, also appears to be bouncing back. As retail sales got a major boost during ...