Weekly Truist Card Data for Goods - Apparel & Accessories Ending 05/16/2026

Research evidence excerpt

Weekly Truist Card Data for Goods - Apparel & Accessories Ending 05/16/2026

Truist Securities

Equity Research Report May 20, 2026

Weekly Truist Card Data for Goods - ::DataDriven

by Truist Securities Apparel & Accessories Ending 05/16/2026

In this bi-weekly report, we examine Goods with a focus on 19 brands across Non-

Athletic Footwear, Accessories, Children’s Apparel, Mall Apparel, & Online Apparel. The

Truist Card Data (herein also referred to as “the Data”) implies growth at Crocs (CROX, JP Gravitt NR) & Designer Brands (DBI, NR) has been negative Y/Y over the last few weeks. 212-590-0947

John.Gravitt@truist.com The Data implies growth at Signet (SIG, NR) & Gap (GAP, NR) has decelerated over

the past few weeks. The Data implies growth has decelerated in May MTD at Urban

Outfitters (URBN, NR), Lululemon (LULU, Hold, Civello), American Eagle (AEO, NR), Timothy McLynn & Citi Trends (CTRN, NR). 212-590-0979

Timothy.McLynn@truist.com

Of the 19 brands in this note, their respective outlooks look relatively weak, as implied

Hasan Iqbal by the Truist Card Data, which shows 3 brands are tracking ahead of consensus, and

404-813-7985 11 brands are tracking behind consensus. Hasan.Iqbal@truist.com

The names included in this report:

Nicholas Ramallo, CFA

404-926-5382

Nicholas.Ramallo@truist.com

8 Page Document

Reasons for this report

✓ Bi-Weekly Truist Card Data Update -

Apparel & Accessories

Source: Truist Securities DataDriven Team

We will regularly update different sectors and roughly 150 companies in this format

comparing Truist Card Data insights versus Street consensus expectations with an

easy-to-follow table seen on the following page. Companies will appear on this list after

30 days into their current quarter. Please contact your Truist Securities Salesperson to