Global Retail ROE over 20

PDD Holdings

Market Cap: US$142.8b

A multinational commerce group that owns and operates a portfolio of businesses.

MercadoLibre

Market Cap: US$90.9b

Operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.

Ross Stores

Market Cap: US$72.5b

Operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brands in the United States.

Carvana

Market Cap: US$72.1b

Operates an e-commerce platform for buying and selling used cars.

eBay

Market Cap: US$42.8b

Operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally.

Tractor Supply

Market Cap: US$23.7b

Operates as a rural lifestyle retailer in the United States.

Ulta Beauty

Market Cap: US$23.3b

Operates as a specialty beauty retailer in the United States, Mexico, and Kuwait.

Burlington Stores

Market Cap: US$21.3b

Operates as a retailer of branded merchandise in the United States and Puerto Rico.

Best Buy

Market Cap: US$13.5b

Offers technology products and solutions in the United States, Canada, and internationally.

Chewy

Market Cap: US$10.8b

Engages in the e-commerce business in the United States.

Gap

Market Cap: US$9.6b

Operates as an apparel retail company in the United States, Canada, Japan, Taiwan, and internationally.

Dillard's

Market Cap: US$9.5b

Operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States.

Pool

Market Cap: US$7.8b

Distributes swimming pool supplies, equipment, related leisure, irrigation, and landscape maintenance products in the United States and internationally.

AutoNation

Market Cap: US$6.9b

Through its subsidiaries, operates as an automotive retailer in the United States.

Abercrombie & Fitch

Market Cap: US$4.6b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Valvoline

Market Cap: US$4.4b

Provides automotive preventive maintenance through its retail stores in the United States and Canada.

Victoria's Secret

Market Cap: US$4.1b

Operates as a specialty retailer of women’s intimate, and other apparel and beauty products worldwide.

Buckle

Market Cap: US$2.8b

Operates as a retailer of casual apparel, footwear, and accessories for men, women, and kids under the Buckle and Buckle Youth brands in the United States.

GigaCloud Technology

Market Cap: US$1.7b

Provides end-to-end B2B ecommerce solutions for large parcel merchandise in the United States and internationally.

Sally Beauty Holdings

Market Cap: US$1.4b

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

LuxExperience B.V

Market Cap: US$1.2b

Through its subsidiary, operates digital platform for the luxury fashion in Germany, the United States, Europe, Middle East, Japan, mainland China, Hong Kong SAR, China, and internationally.

Build-A-Bear Workshop

Market Cap: US$480.3m

Operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally.

Envela

Market Cap: US$460.9m

Provides recommerce and recycling services in the United States.

Agencia Comercial Spirits

Market Cap: US$310.1m

Imports, procures, distributes, and sells bottled, raw cask, and proprietary brand whisky products in Taiwan and international markets.

Pitanium

Market Cap: US$239.1m

Through its subsidiaries, operates as a retailer of skincare and personal care products in Hong Kong.

J.Jill

Market Cap: US$180.0m

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

Hour Loop

Market Cap: US$67.2m

An online retailer, engages in e-commerce retailing business in the United States.