Retail sector earnings could end up being a mixed bag. Some segments in the retail sector are expected to report a steady growth in Q2FY26 quarter amidst growing optimism on demand revival aided by a boost from an early festival season and GST rationalisation, analysts said. Value fashion retailers continued to outperform, while some large retailers are expected to post resilient growth but some deceleration.

Footwear retailers are expected to post modest growth recovery in single digits as they continued to face muted volume during the quarter. In jewellery segments, some leading players have indicated sustained healthy demand supported by early festive buying and steady wedding purchases despite elevated gold prices.

“Q2FY26 brings growing optimism on a demand revival following the rec

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