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What Companies Are Saying About the State of the US Consumer Right Now [Yahoo! Finance]
Last american express company earnings: 4/24 07:00 am
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US:NYSE Investor Relations: ir.americanexpress.com
clues, with some citing healthy spending behavior and others seeing people looking to get ahead of tariffs on imported goods. A leading homebuilder has said consumer confidence contributed to a slow start to the spring selling season. A German maker of educational toys said its category is one that can prove resilient in recessionary times. And a big grocer said it's seeing plenty of value-seeking in its aisles. Here's a roundup of some observations about the state of the American spender so far this year. Grocer Albertsons ( ACI ) on Tuesday said it hasn't seen consumer behavior change much, though it did say “consumer sentiment is low.” Consumers are "saying that they will do what they've been doing, which is seek value and find ways to tighten their pocketbooks,” CFO Sharon McCollam said on a conference call, according to a transcript provided by AlphaSense. That, executives said, means things like leaning on promotions and buying more products from proprietary brands. Gr
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