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Retail Sales

All articles tagged with #retail sales

business6 days ago•21 min saved

Walmart’s U.S. sales spark caution as analyst calls it worst-case scenario

Walmart posted a mixed quarter: revenue climbed to $187.9B and adjusted EPS of 81 cents, beating estimates, but U.S. same-store sales ex-fuel rose only 2.6%—the slowest since early 2020. Management cited a softer consumer environment and higher gas prices, even as Walmart unveiled about $2.9B in tariff refunds and rolled back prices on over 11,000 items. The company raised full-year guidance to 4-5% sales growth and $2.80-$2.87 in EPS, but analysts differed: Mizuho’s David Bellinger called the quarter a “worst-case scenario” while TD Cowen’s Oliver Chen noted near-term pressure but ongoing market-share gains. Broader U.S. retail data showed July sales dipped, underscoring lingering consumer headwinds.

via Yahoo Finance|

#business #consumer-spending #earnings

business7 days ago•4 min saved

Walmart's Q2 Beat Overshadowed by Signs of Slower U.S. Spending

Walmart beat Q2 estimates and raised full-year guidance, but signaled a cooling U.S. consumer with comp sales up 2.6% ex-fuel (below 3.7% forecast). Per-transaction spend rose 1.1%, while price pressures, tariff-related costs, and about $2 billion in extra fuel costs weighed on margins, helping drive the stock lower as July retail data suggested weaker spending ahead.

via Business Insider|

#business #consumer-spending #earnings

business7 days ago•3 min saved

Walmart’s Sales Slump Signals a Slower US Consumer

Walmart posted its first comparable-sales decline in six years, citing pharmacy pricing pressure, a sign that the US consumer is weakening even as some shoppers seek value; the broader picture worsened with tepid retailer earnings (Home Depot, Lowe's) and a 0.6% July drop in retail sales, a dip in University of Michigan sentiment, and a 23,000-job shortfall in July payrolls, all complicating the Fed’s inflation-and-growth outlook as inflation remains uncertain.

via Business Insider|

#business #consumer-spending #inflation

finance12 days ago•12 min saved

Markets rally as Fed rate bets fade after soft U.S. data

Global shares edged higher and the dollar weakened toward two‑month lows after softer U.S. data, including a July retail‑sales drop, lowering the likelihood of a Fed rate hike next month to about 30%. European and Asian indices rose while Treasuries pulled back yields, and oil prices were mixed as investors await the next round of PMI data and key earnings this week.

via Yahoo Finance|

#dollar #fed-rate-hike #finance

business12 days ago•20 min saved

July Retail Sales Rise, but Prime Day Distortions Cloud the Picture

July retail sales rose 0.9% from June (not seasonally adjusted) to $784 billion, with ecommerce leading growth and Amazon Prime Day distortions due to its timing this year. Restaurant and food-service spending also jumped, helping overall discretionary spending stay solid. However, seasonally adjusted figures fell 0.6% from June, and the Prime Day timing plus how seasonal adjustments are calculated (X-13 ARIMA-SEATS) complicate month-to-month interpretation. Ecommerce remains the #1 retailer category and accounts for about 18% of total sales on a 12‑month basis, while traditional brick-and-mortar categories face ongoing competition from online shopping.

via Wolf Street|

#business #consumer-spending #ecommerce

business15 days ago•1 min saved

Treasury Yields Steady After Retail Slump and Iran Blockade Talks

The 10-year U.S. Treasury yield held steady near 4.645% after July retail sales fell 0.6% versus a 0.1% rise expected, while the 2-year yield slipped to about 4.117% and the 30-year rose to roughly 5.232%. Earlier gains were sparked by Treasury Secretary Scott Bessent’s comments about possible Iran sanctions and an indefinite port blockade, with the PPI flat for July and CPI data previously in line with expectations. Analysts say inflation remains contained and eases some rate pressure, but real yields stay elevated.

via cnbc.com|

#business #inflation-expectations #iran-blockade

business1 month ago•2 min saved

Markets gain on cooling inflation as earnings buoy stocks

U.S. stocks rose as cooler inflation (soft PPI) and strong earnings supported sentiment that the Fed will hold rates; the Dow added about 150 points to 52,659.18, the S&P 500 rose to 7,572.43, and the Nasdaq 26,269.23 as futures were mixed but broadly higher. Lower Treasury yields aided demand for growth names, especially mega-cap tech, with investors awaiting Thursday’s retail sales and jobless claims data. UnitedHealth and Netflix were eyed for earnings; after-hours moves included United Airlines slipping on softer quarterly guidance and higher fuel costs, while J.B. Hunt jumped on an earnings beat.

via CNBC|

#business #earnings #federal-reserve

economy1 month ago•2 min saved

China’s growth cools to 4.3% as investment slump deepens

China’s economy grew 4.3% in Q2, the slowest pace in over three years, as urban fixed-asset investment fell 5.7% in the first half. June saw retail sales rise 1% and industrial output advance 5.3%, signaling a mixed rebound amid weak domestic demand. With Beijing’s full-year target at 4.5–5% and growth likely undershooting it, policymakers are expected to roll out stimulus in Q3, potentially including a rate cut to spur investment, while unemployment hovered around 5% in June.

via CNBC|

#economy #fixed-asset-investment #gdp-growth

gaming1 month ago•7 min saved

Star Fox Tops UK Retail Charts in Launch Week, Doubling Star Fox Zero

Star Fox debuts at No. 1 in the UK retail charts for the week ending June 27, 2026, with launch-week sales nearly double Star Fox Zero and up about 70% from Star Fox 64 3D; Rayman: 30th Anniversary Edition also enters the top 40 at No. 12, while EA Sports FC 26 remains No. 2 and the rest of the top 10 includes Cyberpunk 2077 Ultimate Edition, Tomodachi Life: Living the Dream, 007 First Light, Football Manager 26, Resident Evil Requiem, Pokémon Pokopia, LEGO Batman: Legacy of the Dark Knight, and Resident Evil 3.

via VGChartz|

#gaming #launch-week #retail-sales

economics2 months ago•37 min saved

China’s Spending Slump Tests Post-Pandemic Recovery

China’s consumer spending and investment slumped to Covid-era levels, with retail sales down 0.6% year over year and fixed-asset investment dropping 4.1% in the first five months, even as industrial production rose and exports remain robust, signaling a stalled recovery amid ongoing headwinds for domestic demand.

via Bloomberg|

#china #economics #economy

business2 months ago•3 min saved

China's May: retail slump dims consumption as investment contracts

China's May data show weakening consumption and investment: retail sales fell 0.6% year-on-year—the first drop since December 2022—while urban fixed-asset investment declined 4.1% and manufacturing investment contracted for the first time since 2020; industrial production rose 4.5%, and unemployment eased to 5.1%, underscoring a K-shaped economy that may prompt targeted policy stimulus to boost demand.

via CNBC|

#business #china-economy #fixed-asset-investment

business3 months ago•2 min saved

Beef price spike nudges shoppers toward cheaper grill options

Beef prices have surged—ground beef up 14% YoY and fresh beef hitting a record $9.64/lb—pushing shoppers toward cheaper grilling proteins like chicken, with demand also shifting toward mid-tier beef cuts and ready-to-cook options as drought- and herd-constraints tighten supply.

via Axios|

#agriculture #beef-prices #business

business3 months ago•312 min saved

Gas prices squeeze budgets as April retail shows mixed demand

Americans are paying more at the pump as gas prices rise amid international tensions, while April retail sales rose 0.5% from March. Gas-station sales jumped 2.8% after March’s 13.7% surge, even as purchases at furniture stores, auto dealers, department stores and clothing shops declined. The core “control group” rose 0.46%, indicating underlying demand remains solid despite price spikes. The labor market remains healthy with unemployment at 4.3% and 115,000 jobs added in April, suggesting spending resilience for now, though extended high energy costs could weigh on budgets later in the year.

via CNN|

#business #consumer-spending #durable-goods

business4 months ago•28 min saved

Markets drift lower as Warsh hearing, Apple leadership change, and Iran tensions weigh on equities

Major US indices slipped after Kevin Warsh's confirmation hearing suggested a hawkish tilt, Apple announced Tim Cook will step down with John Ternus taking over, and Iran-related tensions added to market uncertainty, even as March retail sales rose 1.7% and oil prices climbed on renewed talks.

via Yahoo Finance|

#apple #business #iran

business4 months ago•24 min saved

Markets drift as Apple leadership change and Iran tensions weigh sentiment

U.S. stocks edged lower as investors weighed Apple’s leadership transition, the start of Fed chair nominee Kevin Warsh’s confirmation hearings, and ongoing Iran-related risk. The Dow dipped about 0.1%, the S&P 500 around 0.2% lower, and the Nasdaq roughly 0.3% weaker, even as March retail sales rose 1.7%. Apple stock eased early in trading amid Cook’s departure, with energy/geo-political headlines contributing to the cautious mood.

via Yahoo Finance|

#apple #business #federal-reserve