Mattel Losing Ground, Bet On These Consumer Stocks For Growth
Zacks Investment Research | Sep 20, 2017 07:06AM ET
The the complete list of today’s Zacks #1 Rank stocks here .
First on the list is Crocs, Inc. (NASDAQ:CROX) , a major designer, manufacturer and marketer of innovative casual footwear for men, women and children, which carries a Zack Rank #1. It boasts a VGM Score of A and has a long-term EPS earnings growth rate of 15%.
The company remains focused on its ongoing strategic initiatives like product enhancement, marketing campaigns and optimization of its wholesale, retail and e-commerce channels. Its earnings have surpassed the Zacks Consensus Estimate in three of the last four quarters, with an average of 83.9%. In fact, the company’s shares have advanced 41.3% in the last six months, substantially outperforming the industry ’s growth of 10.6%.
Also consider PVH Corp. (NYSE:PVH) , a leading designer and marketer of branded dress shirts, neckwear, sportswear, jeanswear, swim products, footwear, handbags and other related products. This Zacks Rank #2 stock has a VGM Score of A and long-term EPS growth rate of 12.6%. The company is gaining from solid momentum at its Calvin Klein and Tommy Hilfiger brands, particularly in the international regions.
Further, its efforts to keep pace with the evolving consumer trends bode well. Notably, its earnings have outpaced the Zacks Consensus Estimate for 13 straight quarters now. The company’s shares have rallied 37.6% in the last six months, ahead of the industry’s growth of 10.6%.
Next, Guess?, Inc. (NYSE:GES) , the leading designer, marketer, and licensor of casual apparel and accessories is a solid bet. This Zacks Rank #2 stock flaunts an impressive long-term earnings growth rate of 17.5% with a VGM Score of A. In fact, the company’s earnings have outpaced the Zacks Consensus Estimate in the last two quarters, with a trailing four-quarter average beat of 20.6%.
Meanwhile, Guess? has been gaining from solid sales at the Europe and Asia segments. Management also remains optimistic about its e-commerce business that has been improving steadily. Moreover, the company has been undertaking cost-saving initiatives through improved supply chain management. The company’s shares have surged more than 44% in the last six months, compared with the industry’s gain of 10.6%.
Investors may also opt for Gildan Activewear Inc. (TO:GIL) , a leading manufacturer and marketer of premium quality branded basic activewear. This Zacks Rank #2 stock possesses a VGM Score of A and long-term earnings growth rate of 13.5%. The company’s earnings have surpassed the Zacks Consensus Estimate in three of the last four quarters, with an average beat of 5.5%.
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Gildan has been benefiting from its acquisitions, along with the solid sales witnessed at the company’s Branded Apparel and Printwear segments. The company’s shares have gained 20.2% in the last six months, outperforming the industry’s rally of 10.6%.
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