Apparel Stocks to Watch: Birkenstock, Tapestry, Nike, TJX Companies, On Holding AG, Lululemon athletica inc., Target Corporation
MarketBeat's stock screener tool has identified seven apparel stocks to watch today. These companies are influenced by consumer spending, fashion trends, inventory levels, brand strength, supply-chain costs, and seasonal sales.
The list includes Birkenstock Holding plc (BIRK), Tapestry Inc. (TPR), Nike Inc. (NKE), TJX Companies (TJX), On Holding AG (ONON), Lululemon athletica inc. (LULU), and Target Corporation (TGT). These companies had the highest dollar trading volume of any apparel stocks within the last several days.
Birkenstock is a footwear manufacturer that sells its products through e-commerce sites, owned retail stores, and business-to-business channels. Tapestry operates luxury accessories brands Coach, Kate Spade, and Stuart Weitzman. Nike designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide.
TJX Companies is an off-price apparel and home fashions retailer with four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. On Holding AG develops and distributes sports products such as footwear, apparel, and accessories for high-performance running, outdoor, all-day activities, and tennis.
Lululemon Athletica Inc. designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand. Target Corporation operates as a general merchandise retailer in the United States.