| Company (Ticker) | 5-Year Yearly EPS Growth Estimate |
|---|---|
|
27.5%
|
|
|
19.0%
|
|
|
14.4%
|
|
|
13.4%
|
|
|
12.3%
|
|
|
11.7%
|
|
|
10.0%
|
|
|
8.0%
|
Michael Adams is lead editor, investing at Forbes Advisor. He's researched, written about and practiced investing for nearly two decades. As a writer, Michael has covered everything from stocks to cryptocurrency and ETFs for many of the world's major financial publications, including Kiplinger, U.S. News and World Report, The Motley Fool and more. Michael holds a master’s degree in philosophy from The New School for Social Research and an additional master's degree in Asian classics from St. John’s College.
Michael Adams
Michael Adams is lead editor, investing at Forbes Advisor. He's researched, written about and practiced investing for nearly two decades. As a writer, Michael has covered everything from stocks to cryptocurrency and ETFs for many of the world's major financial publications, including Kiplinger, U.S. News and World Report, The Motley Fool and more. Michael holds a master’s degree in philosophy from The New School for Social Research and an additional master's degree in Asian classics from St. John’s College.
With more than six years' experience an editor, investing specialist Lisa Dammeyer brings a keen eye for detail and fact-checking chops to everything she works on. Her work over the past four years at various financial publications has helped investors sort through the news and make informed decisions about their money.
Reviewed
Lisa Dammeyer
With more than six years' experience an editor, investing specialist Lisa Dammeyer brings a keen eye for detail and fact-checking chops to everything she works on. Her work over the past four years at various financial publications has helped investors sort through the news and make informed decisions about their money.
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations.
Styles come and go, and so does the demand for clothing, as the economy moves from strong to weak and back again. For this reason, the retail sector, of which apparel and textile companies are a part, tends to move along with major indices like the S&P 500, although not necessarily to the same magnitude.
Fashion retail sales boomed in 2021, following pandemic lockdowns the prior year. However, growth in the sector has been lower since. That means investors will need to be vigilant, picking the best of the best in a sector that could be sluggish this year. To aid your search for fashion stocks to meet your investing needs—if not your wardrobe—Forbes Advisor has picked what we believe are some of the best apparel and textile stocks available in the market today.
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Show Summary
Best Apparel and Textile Stocks of April 2024
Methodology
Our picks for the best textile and apparel stocks were chosen with an eye toward strong earnings growth, both historically and into the future. The stocks outlined above are traded on U.S. exchanges and meet the following requirements:
- Minimum market capitalization. Each stock has a market cap of at least $1 billion.
- Apparel and textile sectors. All stocks are in apparel manufacturing, apparel retail, department stores, footwear/accessories, luxury goods or textile manufacturing industries.
- Growing revenue. Each stock has increased sales by an average of at least 5% per year over the last five years.
- Growing profits. The companies have increased EPS by at least an average of 5% per year over the last five years, and analysts forecast 5% or greater yearly average EPS growth over the next five years.
There were only eight stocks that met the above criteria, and all eight were included on this list.
Please note that the stocks above were selected by an experienced financial analyst, but they may not be right for your portfolio. Before you decide to purchase any of these stocks, do plenty of research to ensure they are aligned with your financial goals and risk tolerance.
