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Americans could be on a tight budget this summer [CNN]

Ross Stores, Inc. (ROST)  More Company Research Source: CNN
Last ross stores, inc. earnings: 3/3 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.rossstores.com
Consumers plan to spend less on away-from-home entertainment and vacations this summer, according to the 2024 KPMG Consumer Pulse Survey released Tuesday. That's a contrast to last year when Americans shelled out on the “Barbenheimer” phenomenon, Taylor Swift and Beyoncé concert tickets and getaways. Americans expect to reduce their monthly spending on dining out by 9% on average, by 8% for entertainment and media and by 7% on travel and vacations. It's not just discretionary spending that could take a hit. Just 21% of consumers plan to spend more on personal care products, a drop from 32% last year, according to the survey. “Consumers are tightening their belts another notch as they hunt for discounts, and even some essentials are being impacted,” said Duleep Rodrigo, KPMG's US consumer and retail sector leader, in a release. While some companies have simply raised their prices to account for higher inflation, others have reduced the size of products like cleaning products, [Read more]

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Stockreport

Americans could be on a tight budget this summer [CNN]

Ross Stores, Inc.  (ROST) 
Last ross stores, inc. earnings: 3/3 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.rossstores.com
Consumers plan to spend less on away-from-home entertainment and vacations this summer, according to the 2024 KPMG Consumer Pulse Survey released Tuesday. That's a contrast to last year when Americans shelled out on the “Barbenheimer” phenomenon, Taylor Swift and Beyoncé concert tickets and getaways. Americans expect to reduce their monthly spending on dining out by 9% on average, by 8% for entertainment and media and by 7% on travel and vacations. It's not just discretionary spending that could take a hit. Just 21% of consumers plan to spend more on personal care products, a drop from 32% last year, according to the survey. “Consumers are tightening their belts another notch as they hunt for discounts, and even some essentials are being impacted,” said Duleep Rodrigo, KPMG's US consumer and retail sector leader, in a release. While some companies have simply raised their prices to account for higher inflation, others have reduced the size of products like cleaning products, [Read more]

IMPACT SNAPSHOT
EVENT TIME:
ROST
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS