How Does Amazon's Q3 Performance Read Through For The Rest Of Retail?

While, Inc. (NASDAQ:AMZN) remains on a growth trajectory, the rest of the retail industry continues to feel the pressure, Wells Fargos Ike Boruchow said in a report.

Q3 Read Through

Boruchow mentioned that an analysis of Amazons Q3 performance highlighted four major implications for the rest of retail:

              • Carter's, Inc. (NYSE:CRI).
              • Hanesbrands Inc. (NYSE:HBI).
              • Nike Inc (NYSE:NKE).
              • PVH Corp (NYSE:PVH).
              • Ralph Lauren Corp (NYSE:RL).
              • Skechers USA Inc (NYSE:SKX).
              • Steven Madden, Ltd. (NASDAQ:SHOO).
              • VF Corp (NYSE:VFC).

              At last check, Amazon shares were relatively flat on the day, down just 0.05 percent and trading at $770. The SPDR S&P Retail (ETF) (NYSE:XRT) was recently seen up 0.65 percent at $47.81.

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