Apparel Makers Shake Off Holiday Weakness

By | March 14, 2014

Scalper1 News

Apparel makers keep rising in the IBD industry rankings, having shaken off a soft holiday season. The group ranked 39th out of 197 in Friday’s IBD, up from 62 three weeks earlier. The apparel industry group ran into head winds in January on disappointing holiday sales. But sentiment shifted at the end of January, when Under Armour (UA) beat Q4 EPS expectations and gave upbeat guidance for 2014. Analysts followed up with bullish comments. Days Scalper1 News

Scalper1 News