(This is the second in a two-part series on earnings-season results. The first part summarized earnings increases or declines for the 10 S&P 500 sectors, and dug deeper into results and estimates for the health-care sector.)

Several sectors of the S&P 500 SPX, -2.37% are being damaged by the stronger dollar, since U.S. exporters’ prices are rising overseas as other countries are experiencing economic slowdowns and competitively devaluing their currencies. Even the consumer-staples sector, which tends to do well in any economic environment, is set to post a decline in third-quarter earnings per share.

But the consumer-discretionary sector is in a different situation, poised to produce a double-digit increase in third-quarter EPS, the best among S&P 500 sectors. Growth in the U.S. economy, along with a decline in unemployment, is having a positive effect.

Then again, as we discussed in part one of this series, all sectors are expected to record slower growth in the fourth quarter than they did in the same period in 2014, except for the telecommunications sector:

S&P 500 Sector Estimated EPS growth - Q4 2015 Actual EPS growth - Q4 2014 Telecom. Services 17.9% 8.7% Consumer Discretionary 9.7% 13.0% Health Care 7.5% 24.2% Financials 3.7% 4.2% Industrials 1.5% 12.3% Utilities -0.4% 0.0% Consumer Staples -3.7% 0.8% Information Technology -4.0% 17.3% Materials -19.3% 1.3% Energy -65.1% -22.0% S&P 500 -3.7% 7.8% Source: S&P Capital IQ

Half of the sectors are poised to post earnings declines.

To focus on more positive aspects of the holiday quarter, we decided to list consumer-discretionary companies that are expected to show the greatest increases in fourth-quarter sales per share.

Why focus on sales per share? One reason is that earnings results for any one quarter can be skewed by one-time events, including a gain from the sale of a unit, expenses tied to a reorganization or acquisitions, adverse legal decisions, etc. Another is that strong sales growth can often drive share prices higher.

Here are the 10 S&P 500 consumer-discretionary companies expected by analysts to post the biggest growth in sales per share for the fourth quarter:

Of course, quarterly sales numbers can also be affected by extraordinary events, such as Dollar Tree Inc.’s DLTR, -0.09% July acquisition of Family Dollar, which was followed by the sale of 330 Family Dollar stores in November.

It might be more useful to smooth out the sales expectations by looking ahead for all of next year.

So here are the 10 consumer-discretionary stocks in the S&P 500 that analysts expect to show the strongest growth of sales per share in 2016:

Here’s how much analysts predict the same companies will increase earnings per share in 2016:

These sales and EPS growth projections are impressive. But some stocks, such as Amazon.com Inc. AMZN, -4.12% , are driven mainly by sales growth, not the growth of relatively small profits. It’s also possible, or even likely, for projected growth already to be reflected in the share price.

Here’s a summary of analysts’ sentiment, along with forward price-to-earnings ratios:

S&P 500 consumer-discretionary company Closing price - Oct. 11 Consensus price target Implied 12-monmth upside potential Share of analysts rating the shares ‘buy’ Price/consensus 2016 EPS estimate Dollar Tree Inc. $66.50 $80.54 21% 48% 17.2 Netflix Inc. $112.86 $123.10 9% 57% 363.6 Under Armour Inc. Class A $93.57 $106.18 13% 55% 69.0 Expedia Inc. $128.74 $148.28 15% 56% 20.7 Wynn Resorts Ltd. $65.80 $88.39 34% 39% 18.9 Amazon.com Inc. $673.25 $729.13 8% 83% 121.4 BorgWarner Inc. $41.47 $49.68 20% 59% 12.3 Priceline Group Inc. $1,329.58 $1,504.80 13% 68% 19.4 PulteGroup Inc. $18.43 $21.50 17% 38% 11.8 TripAdvisor Inc. $79.74 $78.19 -2% 15% 35.2 Source: FactSet

Again, Amazon.com is a wonderful example of how price-to-earnings ratios are not always important factors when considering growth stocks. Netflix Inc. NFLX, -4.18% is another great example, although the stock has had a dramatic 131% gain so far this year.

It’s also interesting that even though a relatively modest gain of 8% is expected for Amazon’s stock over the next 12 months (following a 117% increase so far this year), it’s the overwhelming favorite among sell-side analysts.