Investing.com: Retailers Get Ready to Report Q3 Earnings Just as Inflation Begins to Ease
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- S&P 500 EPS growth for Q3 is set to come in at 2.2%, unchanged in the last two weeks, and still at the lowest level since Q3 2020
- This week 15 S&P 500 companies are expected to report results, many from the consumer discretionary sector.
- Potential surprise: Salesforce (NYSE:CRM)
The final act of Q3 earnings season is upon us, the time when we begin to hear from US retailers. Next week big names in the space, such as Walmart (NYSE:WMT), Target Corporation (NYSE:TGT), TJX Companies (NYSE:TJX), Home Depot (NYSE:HD), and Lowe’s Companies (NYSE:LOW) release results that will show how the third quarter performed, which includes back-to-school shopping, and will give investors an idea of how the holiday shopping season is faring.
Also, expect to hear comments about the impact of inflation, which perhaps will turn more positive given Friday’s better-than-expected CPI report, which showed that the inflationary environment might be easing.