U.S. Retail Undervalued based on future growth

Lithia Motors

Market Cap: US$7.4b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

MINISO Group Holding

Market Cap: US$5.8b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Asbury Automotive Group

Market Cap: US$4.6b

Operates as an automotive retailer in the United States.

Group 1 Automotive

Market Cap: US$4.0b

Through its subsidiaries, operates in the automotive retail industry in the United States and the United Kingdom.

Signet Jewelers

Market Cap: US$3.6b

Operates as a diamond jewelry retailer.

Kohl's

Market Cap: US$2.1b

Operates as an omnichannel retailer in the United States.

Sonic Automotive

Market Cap: US$2.1b

Operates as an automotive retailer in the United States.

Sally Beauty Holdings

Market Cap: US$1.5b

Operates as a specialty retailer and distributor of professional beauty supplies.

ATRenew

Market Cap: US$1.3b

Operates pre-owned consumer electronics transactions and services platform in the People’s Republic of China.

Upbound Group

Market Cap: US$1.1b

Upbound Group, Inc. leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico.

Betterware de MéxicoP.I. de

Market Cap: US$677.8m

Operates as a direct-to-consumer selling company in the United Staes and Mexico.

Lands' End

Market Cap: US$537.1m

Operates as a digital retailer of apparel, swimwear, outerwear, accessories, footwear, home products, and uniforms in the United States, Europe, and internationally.

Haverty Furniture Companies

Market Cap: US$425.5m

Operates as a specialty retailer of residential furniture and accessories in the United States.

J.Jill

Market Cap: US$244.9m

Operates as an omnichannel retailer for women’s apparel in the United States.