WSH in the News

Traders' Insight - Q3 Earnings Seasons Closes Out with Final Retail Reports Ahead of Black Friday

Read the full article on Traders' Insight.
  • Some encouraging economic data (CPI, PPI) last week sustained markets, even as mixed Q3 results from US retailers began to pour in.
  • The post-peak LERI ended with a reading of 122, showing that CEOs remained uncertain throughout the season.
  • Retail closes out the third quarter season with results expected from Lowe’s (NYSE:LOW), Dick’s (NYSE: DKS), Nordstrom (NYSE:JWN), Kohl’s (NYSE:KSS), Best Buy (NYSE: BBY), and more. The final of the Magnificent 7, Nvidia (NASDAQ:NVDA) is also scheduled to report.
  • Potential Surprises this week: Farfetch (NYSE:FTCH), Footlocker (NYSE:FL)