Barclays on U.S. Apparel, Footwear & Textiles: February Monthly - Gainers Vs. Losers

Barclays on U.S. Apparel, Footwear & Textiles: February Monthly

Analyst, Robert S. Drbul, said, "In February, companies under our total coverage underperformed the market, gaining 2.7% compared with a 4.1% gain for the S&P 500. Our Apparel, Footwear & Textiles group outperformed the S&P by 300 bps in February, increasing 7.1%. Within this group, footwear (including Nike (NYSE: NKE), Foot Locker (NYSE: FL, and Deckers (Nasdaq: DECK)) increased 3.8%."

"Our total coverage group has underperformed the market year to date, gaining 6.8% compared with an 8.6% return for the S&P 500. Our Apparel, Footwear & Textiles group outperformed significantly, gaining 16.8%. Within this group, footwear gained 12.1%...The best performing stocks in February included Hanesbrands (NYSE: HBI) (+16.8%), Polo Ralph Lauren (NYSE: RL) (+14.3%) and FL (+11.2%). The worst performing stocks in the month were DECK (-7.5%), Iconix Brands (Nasdaq: ICON) (-1.4%) and Warnaco (NYSE: WRC) (+0.8%)."

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