3 Retail Stocks to Avoid in Tough Market
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Mondays
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In the face of a challenging retail landscape, three consumer stocks stand out as potential value traps for investors. Monro, an auto service provider, is grappling with store closures and declining sales, leading to a significant drop in earnings per share. Arhaus, a high-end furniture retailer, is struggling to draw in new customers and attract competition, with issuing new shares further impacting earnings per share. Leslies, a pool and spa supply retailer, is also facing disappointing sales and a shrinking free cash flow margin, raising concerns about their financial position and potential impact on shareholders.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
