Which Retail Stock Has Won the High Street?

THE WEEK: This week Morningstar columnist Rodney Hobson examines the winners and losers among the high street consumer stocks

Rodney Hobson 26 May, 2017 | 1:38PM
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Investors shouldn’t need reminding that life is tough on the High Street. Costs are rising, notably the minimum wage and energy, while sales can be erratic. The squeeze on wages caused by a rise in inflation, plus Brexit uncertainty, leaves the near to medium future for retailers under a cloud.

This week we saw once again that this sector always produces winners and losers – and one where previous winners become losers and vice-versa.

I was particularly pleased with the latest figures from Dixons Carphone (DC.), where revenue was up 9% overall and 4% like-for-like in the year to April. The group has coped remarkably well with the fact that tech consumers are probably more keen and able to pursue cheaper deals than most shoppers.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Card Factory PLC57.50 GBX-1.71
Dixons Carphone PLC133.20 GBX-1.55
Halfords Group PLC304.00 GBX2.98
Kingfisher PLC368.00 GBX2.14Rating
Marks & Spencer Group PLC182.20 GBX-2.12Rating
Topps Tiles PLC68.40 GBX0.00

About Author

Rodney Hobson

Rodney Hobson  is a columnist for Morningstar.co.uk and author of several investing books, including The Dividend Investor and How to Build a Share Portfolio.

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