The challenge retailers are facing this earnings season is to put to rest claims that consumers have curbed spending. Department stores kicked off with better than expected results last week, but Friday's retail sales figures for July showed overall softness.
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So far this week earnings momentum has been sustained with Home Depot, Dick's Sporting Goods and The TJX Companies all topping expectations. The rest of the week will feature the formerly beaten down apparel retailers. Tonight, Urban Outfitters is scheduled to announce results with reports from American Eagle and Gap rounding out the week.
Year-to-date stock performance