XRT Is Up 11% But the Real Story Is Which Retailers Are Winning

XRT Is Up 11% But the Real Story Is Which Retailers Are Winning

Quick Read SPDR S&P Retail ETF (XRT) returned 11.05% over the past year but rose only 2.47% year-to-date and fell 3.34% in the past month. Walmart (WMT) beat revenue estimates by $4.33B with eCommerce sales surging 27%. TJX comparable sales rose 5% as consumers trade down to value retailers. Target operating income fell 18.91% while Dollar General beat EPS by 37.6%. The retail landscape has bifurcated between value and full-price retailers. …