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Stock impact report

The Retail Earnings Parade for Q3 Begins just as Holiday Shopping Season Commences [Yahoo! Finance]

Bath & Body Works, Inc. (BBWI) 
Company Research Source: Yahoo! Finance
With 93% of S&P 500 companies reporting at this point, YoY S&P 500 EPS growth has settled around 5.4%, while revenue growth increased 5.5% for the quarter.[1]The retailers will offer some much needed insight on the state of the US consumer when they report this week. While consumers have remained relatively resilient in the face of inflation over the last year, uncertainty still abounds, and a more cautious consumer has been noted by certain companies. Last week the retail party started with results from Home Depot and Dillard's. Warning! GuruFocus has detected 5 Warning Signs with NVDA. Home Depot beat expectations on both the top and bottom-line for Q3, but noted customers were deferring big ticket projects.[2] Department store, Dillard's, was also able to beat analyst expectations on EPS and revenues, but reported YoY declines for both metrics. Same store sales were also down 4% from the year-ago quarter.[3]A slightly more positive look at consumer spending came from Disney's Q Show less Read more
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