Retail Woes: 3 Stocks That Have Been Hit The Worst

The recent struggles of the retail industry have been well-documented. While several major indices continue to flirt with new highs, traditional retail stocks have been hammered by changing consumer trends and a worldwide shift to online shopping.

The popularity of e-commerce is nothing new, but it feels like 2017 has been the year that the floor has finally fallen out from under those companies who have not transitioned. And with Amazon’s (AMZN - Free Report) deal to buy Whole Foods (WFM - Free Report) getting approved this week, the online shopping king has entered a whole new market.

Of course, some retailers are faring better than others. Big-box behemoths like Walmart (WMT - Free Report) saw the writing on the wall years ago and invested heavily in their own digital platforms. Others, like Home Depot (HD - Free Report) and Tiffany & Co (TIF - Free Report) , have proven to operate more “Amazon-proof” businesses.

However, plenty of the world’s great retail brands have been hammered by digital competition. The once-iconic Sears (SHLD) is hanging on by a thread, and department stores like Macy’s (M - Free Report) and Kohl’s (KSS - Free Report) have also tanked.

But who has had it the worst? Take a look at three of the ugliest stocks in the retail industry below.

1.     Dick’s Sporting Goods (DKS - Free Report)

Just last week, Dick’s posted second-quarter earnings of 96 cents per share, missing the Zacks Consensus Estimate of $1.00. Management also significantly lowered its full-year outlook, guiding for earnings in the range of $2.80 - $3.00 per share—down from the previously announced $3.65 - $3.75 range.

The report was the latest chapter in what has been an awful year for Dick’s. The stock tumbled to a 52-week low and is now down nearly 50% year-to-date. On top of this, we’ve now seen a whopping 13 negative revisions to its full-year and next-year earnings estimates, which have dragged the stock down to a Zacks Rank #5 (Sell).

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