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%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

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.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

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.
La source: Reuters - 🏆 2. / 97 Lire la suite »

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
La source: Investingcom - 🏆 450. / 53 Lire la suite »

U.S. stocks mixed after retail earnings, Fed minutes By Investing.comU.S. stocks mixed after retail earnings, Fed minutes
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Walmart lifts full-year earnings and sales guidance By Investing.comWalmart lifts full-year earnings and sales guidance
La source: Investingcom - 🏆 450. / 53 Lire la suite »

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.
La source: FoxBusiness - 🏆 458. / 53 Lire la suite »