McGough: Retail Is In Deep S#!T

07/19/22 01:50PM EDT

https://youtu.be/PGSKOJJY8AI

On The Call @ Hedgeye, Retail analyst Brian McGough and Hedgeye CEO Keith McCullough dissect how to interpret the recent Retail SIGMA chart, and why the latest report warns of the negative #Quad4 outlook for the sector.

“This is basically an industry version of Keith’s #Quad charts,” explains McGough. “Where you do not want to be is in the lower left-hand quadrant. That’s when your inventory is too high, your margins are going down and you’re in deep sh*t.”

“This chart shows the entire retail industry, and it does not bode well for where it is right now. We are very bearish on retail, and this shows why.”

McGough: Retail Is In Deep S#!T - Slide1

For info on subscribing to Retail Pro CLICK HERE

(This clip is a small taste of what our subscribers get each day on The Call @ Hedgeye. In a nutshell, The Call is our morning research call hosted by Hedgeye CEO Keith McCullough with our 40+ analyst research team. It helps small and large investors alike make better decisions via unique and investable stock/sector updates CLICK HERE to learn more.)

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.