Scalper1 News
Retail-related groups dominated Thursday’s action with solid gains. IBD’s Retail-Home Furnishings group, featured one week ago in this space, soared 4.5%, according to preliminary data. The group was helped by strong earnings from Williams-Sonoma (WSM). The stock gapped up to the top of a 13-week consolidation after earnings, sales and same-store sales all topped expectations. Quarterly profit rose 17% to 68 cents a share while sales grew 9% to Scalper1 News
Scalper1 News