Earnings this week show shoppers will spend money for value, favoring two retail stocks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

España Noticias Noticias

España Últimas Noticias,España Titulares

A busy week of retail earnings revealed that American consumers are spending with value top of mind.

It's a trend that benefits two Club names well-positioned to sell the best inventory at competitive prices. Target , Walmart and TJX Companies reported very different second-quarter earnings results over the past few days that show cost-conscious consumers continue to spend on essentials and services but are more discerning on their discretionary purchases.

Customers wait in line to check out purchases at Costco store on June 28, 2023 in Teterboro, New Jersey. Costco is cracking down on membership card sharing at its stores. It's a trend that benefits two Club names well-positioned to sell the best inventory at competitive prices.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in ES

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Payments company Adyen's shares drop more than 20% after earnings missShares in Dutch payments processor Adyen NV fell by more than 20% on Thursday after first-half earnings missed analysts' estimates and the company's own targets.
Fuente: Reuters - 🏆 2. / 97 Leer más »

4 Stocks That Beat Earnings Expectations by Over 125%Stocks Analysis by Investing.com (Ismael De La Cruz) covering: Intel Corporation, Paramount Global Class B, Qorvo Inc, Constellation Energy Corp. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com
Fuente: Investingcom - 🏆 450. / 53 Leer más »

U.S. stocks mixed after retail earnings, Fed minutes By Investing.comU.S. stocks mixed after retail earnings, Fed minutes
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Walmart lifts full-year earnings and sales guidance By Investing.comWalmart lifts full-year earnings and sales guidance
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Disney, UPS earnings, consumer inflation, Cadillac's new Escalade in week aheadTwo key reports on inflation, the CPI and PPI, are due this week as are a host of quarterly earnings, including Disney, Tyson Foods, Beyond Meat, Rivian and UPS.
Fuente: FoxBusiness - 🏆 458. / 53 Leer más »