Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Is Arhaus, Inc. (ARHS) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.
Arhaus, Inc. is a member of our Retail-Wholesale group, which includes 196 different companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Arhaus, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for ARHS' full-year earnings has moved 10.4% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, ARHS has gained about 11.8% so far this year. At the same time, Retail-Wholesale stocks have gained an average of 6.8%. As we can see, Arhaus, Inc. is performing better than its sector in the calendar year.
Another stock in the Retail-Wholesale sector, Macy's (M), has outperformed the sector so far this year. The stock's year-to-date return is 8.1%.
Over the past three months, Macy's' consensus EPS estimate for the current year has increased 9.6%. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, Arhaus, Inc. is a member of the Retail - Miscellaneous industry, which includes 15 individual companies and currently sits at #15 in the Zacks Industry Rank. Stocks in this group have gained about 7% so far this year, so ARHS is performing better this group in terms of year-to-date returns.
In contrast, Macy's falls under the Retail - Regional Department Stores industry. Currently, this industry has 3 stocks and is ranked #2. Since the beginning of the year, the industry has moved +26.4%.
Investors with an interest in Retail-Wholesale stocks should continue to track Arhaus, Inc. and Macy's. These stocks will be looking to continue their solid performance.
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Arhaus, Inc. (ARHS): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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