From Amazon to McDonald's, strong earnings show U.S. consumer resilience

- In a strong quarter for earnings, the big consumer stocks have shone even brighter, thanks to results from McDonald's we're noticing about people making higher wages and as wages go up, they're spending almost all of that increase," said Brian Mulberry, client portfolio manager at Zacks Investment Management."That would reflect for us a pretty high level of confidence from the consumer.

While most companies flagged the resilience of consumer demand, some analysts also said expectations were low heading into the third quarter as the side effects of still-high inflation lingered. "I don't think consumer spending drove these beats. I think it was more pricing and a resilient consumer, ones that were able to take this rate at a time when discretionary income is under pressure," Wedbush analyst Gerald Pascarelli said.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.

{username} Just Now Share Follow this postUnfollow this post Save Saved. See Saved Items . This comment has already been saved in your Saved Items Author's response{commentContent} Reply 00 Report {username} Just NowAuthor's response Share Follow this postUnfollow this post Save Saved. See Saved Items .

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

From Amazon to McDonald's, strong earnings show U.S. consumer resilienceIn a strong quarter for earnings, the big consumer stocks have shone even brighter, thanks to results from McDonald's (MCD.N), Chipotle Mexican Grill (CMG.N) and others that rank among the biggest surprises of the reporting cycle so far.
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »

Stock Market Today: Dow Futures Rise; Oil Prices FallMcDonald's earnings are in the limelight
แหล่ง: WSJ - 🏆 98. / 63 อ่านเพิ่มเติม »

Stocks Move higher, ‘Hell Week’ ahead, McDonald’s on deck, Ford UAW deal, Peltz on DisneyStocks higher, 'Hell Week' ahead, McDonald's, Ford, Disney
แหล่ง: startelegram - 🏆 248. / 63 อ่านเพิ่มเติม »