Retail Earnings: Consumers Are Expanding & Purchasing Discretionary Items

EPS resulted from 98% of companies in retail/restaurant index, notes Jharonne Martis. She examines 2Q retail earnings, as well as what investors should know about 2Q retail earnings. She talks about how 78% topped expectations and 17% missed expectations. She goes over the consumer move towards discounts and value in focus. She highlights how consumers are starting to expand and purchase discretionary items. Tune in to find out more about the stock market today.

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08 Sep 2023

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