The Best High-End Retail Stocks Today

Best-Performing Upscale Retail Stocks Last Month

Tiffany Sparkles

• The jeweler posted a 50% spike in earnings for its first quarter.

• Tiffany continues to see rising demand for its products in China.

Shares of Tiffany hit an all-time high last month of $99.68.

What is Fueling Tiffany’s Momentum?

• Shares of Tiffany are up more than 29% over the past year because of strong quarterly sales and increased demand in key markets such as China.

• Tiffany grew its worldwide net sales 13% to $1 billion in the first quarter.

• The company also reported a 50% jump in profit… earning $126 million in the quarter, up from just $84 million during the same period a year ago.

• Sales in the Asia-Pacific region climbed 17% to $261 million, thanks in part to significant growth throughout Greater China.

Nordstrom Marches Higher

• Nordstrom was one of the top gainers in the S&P 500 last month after reporting strong Q1 results.

• Total net sales increased 6.8% to $2.8 billion in the quarter.

Nordstrom jumped on better-than-expected quarterly results.

Nordstrom Soars to All-Time High

• Investors pushed Nordstrom’s stock up to an all-time high north of $70 a share last month, after the upscale department store chain posted impressive first quarter results.

• On top of rising sales in the first quarter, Nordstrom said it would look to sell its credit card receivables business. This could help the company free up cash to boost its dividend payout or share repurchase program.

Michael Kors Continues to Impress

• Kors reported a 54% jump in revenue to $917.45 million in its fourth quarter.

• Comparable-store sales increased 26% in the quarter, well above that of retail rivals in the space.

Kors beat earnings expectations for its latest quarter.

What is Driving Kors Progress?

• Shares of Michael Kors are up nearly 44% over the past year, as the high-end retailer continues to grow sales both domestically and overseas.

• Kors grew its retail presence 33% last quarter, adding 101 new stores. The company now operates a total of 405 Michael Kors locations worldwide.

• In Europe, Kors’ revenue climbed 125% in the fourth quarter driven by exceptional comparable-sales growth of 62% in the period.

Kate Spade is a Rising Star

• Kate Spade reported sales growth of 54% to $217 million in its latest quarter.

• Comparable sales were up 43% from a year ago.

Kate Spade is aggressively growing its brand today.

Inside Kate Spade’s Growth Plans• The luxury retailer is aggressively expanding its store

base these days. Kate Spade grew its square footage 42% worldwide during the first quarter, opening 54 new stores including flagship locations in Houston and Tokyo.

• The company plans to open an additional 80 Kate Spade stores before the end of the year, which would bring its total store count to 305 by 2015.

• This bodes well for Kate Spade going forward, particularly because of its double digit comparable-sales growth during the first quarter.

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