A renaissance in Western styles can boost stocks that specialize in denim, according to TD Cowen.
While positive on stocks across the space, he specifically pointed to Boot Barn , Levi Strauss and Ralph Lauren as key plays on the trend.
Playing the denim revival For clothing makers Levi Strauss and Ralph Lauren, Chen sees reasons to be bullish beyond just a Western resurgence.
Both stocks have outperformed the market in 2024, with Ralph Lauren adding around 16% and Levi Strauss surging about 36%.
Boot Barn surpassed Wall Street consensus forecasts for earnings and revenue in its fiscal fourth quarter , the company reported Tuesday.
Persons:
TD Cowen, Oliver Chen, jean, Levi Strauss, Ralph Lauren, Chen, —, Louis, Taylor Swift's, Beyoncé's, Carter, Ralph Lauren's, James Conroy, Conroy, LSEG
Organizations:
Louis Vuitton, Department
Locations:
Americana, California