NEW YORK ( TheStreet) -- While many investors have made bullish bets that the retail sector will continue to outperform, the recent sales data would suggest somewhat of a disappointment. TheStreet's Brittany Umar and Laurie Kulikowski take a look at the results.
Kulikowski said that retail sales figures have been mixed so far for July. While not every company has reported, investors were disappointed by Costco Wholesale (COST - Get Report), but surprised by L Brands (LTD).
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts