This article first appeared on Floating Path.
U.S. store sales for the week ending April 12 were much of the same, with sluggish growth credited once again by both reports to a later Easter this year and weather fluctuations.
The ICSC-Goldman store sales index was up 2.3% year over year, compared to up 1.5% Y/Y the week prior.
ADW Capital’s 2020 letter: Long CDON, the future Amazon of the Nordics
ADW Capital Partners was up 119.2% for 2020, compared to a 13.77% gain for the S&P 500, an 11.17% increase for the Russell 2000, and an 8.62% return for the Russell 2000 Value Index. The fund reports an annualized return of 24.63% since its inception in 2005. Q4 2020 hedge fund letters, conferences and more Read More
The Redbook store sales index was up 2.6% year over year, compared to up 2.9% Y/Y the week prior.