Retail analyst: What earnings are revealing about consumers

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Consumer Behavior,Aneesha Sherman,Financial Pressures

Executives from Traeger (COOK), Walmart (WMT), and The Gap (GAP) have all recently shared their takes on how the American consumer is faring. Bernstein...

Sherman highlights a"continued squeeze" on middle-income consumers. She notes this group is"being hit time and time again" by rising inflation, student loan payments, increasing credit card debt, and other financial pressures. With"no improvement in the overall sentiment," these consumers are forced to be more selective in their spending.

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