Two emerging threads from retail earnings

LSEG Director of Consumer Research Jharonne Martis joins Wealth! to give insight into the US retail numbers and recent retail earnings say about the consumer and what trends investors can expect from consumers.

There are two common denominators right now that are jumping out, the first one being that, as you mentioned, retailers are all about the Omni Channel strategy, and this is what's important in order to attract the consumers to the stores.Today they smash their E Commerce Estimate with a robust 8.3% growth in E commerce.

So of the retailers that we've continued to hear from over the course of this earnings season, and there are still a few more to to trickle out. And then teen retailers Amber, Commie and American Eagle have a very loyal following for the back to school season.It seems like right now that the best smart shopping habits that consumers are starting to deploy is being very choosy about the deals and waiting for deals that propensity to wait.

And that was because the average promotional rate and the amount of merchandise on sale really spiked to the highest level it did all year round.Um, already, people are shopping for Halloween.So people are already eyeing what is on sale now, putting it in their closet and saving it, you know, for for those later, um, moments.

They didn't only do well for the second quarter, but are projected to continue to be the winners for the second half of the year.Brookfield in talks with banks for funding Grifols' takeover bid, sources say

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

TJX stock pops on earnings beat, raises guidanceShares of TJX Companies (TJX) are jumping in early trading on Wednesday. The retailer posted second quarter results that topped analyst estimates on both the...
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

Walmart earnings takeaways and what it signals about consumerWalmart (WMT) has raised its full-year guidance as the retail giant continues to gain market share across all income groups in the US. Yahoo Finance Senior...
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

Jobless claims, Walmart earnings, Nvidia: 3 ThingsStock futures (^DJI, ^IXIC, ^GSPC) are rising Thursday morning after retail sales increased by 1.0% (above estimates) in July and initial jobless claims came...
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

Walmart earnings, retail sales, mortgage rates: What to WatchAs the trading day winds down and after-hours begins, here are the key events investors should watch for on Thursday, August 15, 2024. Earnings season...
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

Walmart earnings on deck: What to expectAs many companies have pointed to weakened consumer spending as a headwind, all eyes are on Walmart's (WMT) second quarter earnings on Thursday, August 15...
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

Inflation data, retail sales, Walmart earnings await a jumpy stock market: What to know this weekA fresh reading on inflation and the state of the consumer will take center stage as investors look for clues on how quickly the US economy is slowing.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »