Read the full article on Investing.com.
Excerpt:
- The jury’s still out on the health of the US consumer as investors weigh winners and losers of retail earnings season
- Outlier earnings dates this week: Bath & Body Works, Dollar Tree, Hibbett Inc. (HIBB), Big Lots
- This next big test of consumer strength will be Friday’s job report
If there’s one takeaway from Q1 retail earnings that have been pouring in the last few weeks, it’s that the US consumer may not be as resilient as they were to inflationary pressures in 2023. Those offering value such as certain discounters like Walmart (NYSE:WMT), and off-price retailers like TJX Companies (NYSE:TJX) continue to steal market share while other names struggle to attract discretionary dollars as consumers become more choosy.
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