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Stock impact report

Is February Retail Sales Really Weak? ETFs to Benefit [Yahoo! Finance]

Kimberly-Clark Corporation (KMB) 
Last kimberly-clark corporation earnings: 4/22 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.kimberly-clark.com
Company Research Source: Yahoo! Finance
Retail sales rose by 0.2% in February, a rebound from the downwardly revised 1.2% decline in January. However, this fell short of the Dow Jones' estimate of a 0.6% increase (quoted on CNBC), according to the Commerce Department's advanced reading. Excluding auto sales, retail sales increased by 0.3%, aligning with expectations. Retail sales increased by 3.1% compared to the previous year, outpacing the 2.8% rise in consumer prices as measured by the Consumer Price Index (CPI). The reported sales figures are adjusted for seasonal factors but not for inflation. Since prices also rose by 0.2% during the month, as per a Labor Department report, consumer spending remained roughly in line with inflation.A key retail sales measure, the control group — which excludes volatile categories and directly contributes to GDP calculations — rose by 1%, surpassing expectations. Robert Frick, corporate economist at Navy Federal Credit Union, noted that while the report was not particularly stron Show less Read more
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