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US Inflation Remains Focus of Q2 Retail Earnings
It's almost axiomatic that U.S. shoppers, weary of inflation, have lost some of their enthusiasm and pulled back on spending. That was certainly the case last quarter, but second-quarter retail earnings looming the next two weeks could tell a different story based on several consumer-demand metrics. Some green shoots appear to be sprouting that could show up in this quarter's retail earnings calls, if not the results themselves. Guidance might be particularly interesting given what continues to be historically low unemployment and all the recent discounts retailers put into place. A smattering of data suggests ... (full story)
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- Posted: Aug 13, 2024 6:14pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,210
