LONDON, July 29, 2013 /PRNewswire/ --
According to the International Council of Shopping Centers, US retail sales receipts climbed 1.40% in the week ended Friday, July 19. Meanwhile, a report released on Friday, July 26, 2013, showed that consumer sentiment in the US improved in July. In fact, consumer sentiment rose to the highest level in six years. The improving consumer confidence and solid retail sales data augur well for apparel stores. Shares in apparel stores ended on a mixed note even as the broader market edged higher. The major movers in the industry included American Eagle Outfitters (NYSE: AEO), Chico's FAS Inc. (NYSE: CHS), L Brands Inc. (NYSE: LTD), and The Wet Seal Inc. (NASDAQ: WTSL). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on AEO, CHS, LTD, and WTSL are currently available upon sign up at:
Shares of American Eagle Outfitters moved higher on Friday, extending their gains from previous trading sessions. The company's shares fluctuated between $18.87 and $19.26 before finishing the day 0.26% higher at $19.20. A total of 1.73 million shares were traded, which is below the daily average volume of 2.31 million. American Eagle Outfitters' shares have gained 1.21% in the last three trading sessions as compared to a loss of 0.04% in the S&P 500. The stock has gained 5.15% in the last one month as compared to a gain of 5.31% in the S&P 500. Sign up for free technical analysis on AEO at:
Chico's FAS Inc.'s stock moved lower on Friday, ending the session at $16.67, down 1.19% from its previous closing price. The company's shares traded between $16.55 and $16.82. A total of 1.48 million shares were traded, which is below the daily average volume of 2.33 million. The company's shares have fallen by 2.29% in the last one month and 6.66% in the last three months, underperforming the S&P 500. Download free report on CHS by registering at:
Shares of L Brands Inc. edged higher on Friday, extending their gains for the week. The company's shares ended the day 0.81% higher at $53.68 after hitting a 52-week high of $53.77. A total of 1.49 million shares were traded which is below the daily average volume of 2.25 million. L Brands' shares have gained 2.27% last week, thus outperforming the S&P 500 which fell 0.03%. The stock has outperformed the S&P 500 in the last one month as well, gaining 8.99%. Furthermore, the stock is currently trading above its 50-day and 200-day moving averages. The free report on LTD can be downloaded by signing up now at:
The Wet Seal Inc.'s stock fell sharply on Friday even as the broader market posted gains. The company's shares finished the day 2.11% lower at $4.65 after oscillating between $4.64 and $4.73. A total of 383,172 shares were traded, which is below the daily average volume of 1.10 million. The company's shares have gained 48.09% in the last three months, outperforming the S&P 500 which has gained 6.91% in the same period. A free report on WTSL can be accessed by registering at:
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http://stockcharts.com/h-sc/ui?s=LTD (Source for 50-and 200-day moving averages)
http://stockcharts.com/h-sc/ui?s=WTSL (Source for 50-day moving average)
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SOURCE AAA Research Reports