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WMT Jan 2025 46.670 put
- Zacks
A Look at Retail ETFs Post Q1 Earnings
Total earnings from 95.4% of the retail sector's market capitalization are up 31.9% on 5.6% higher revenues, with 69.2% beating EPS estimates and 57.7% beating revenue estimates. The results had a mixed impact on retail ETFs.
- Reuters
Gap, Abercrombie results to show if mall shoppers are splurging
Results from U.S. mall-based apparel chains this week will give a clearer picture of whether Americans are splurging on clothes and accessories heading into summer following mixed results from big retailers Walmart and Target. Abercrombie and American Eagle are set to see revenue rise for at least their fifth straight quarter, while Gap is expected to post a marginal growth in comparable sales after five quarters of declines, betting on in-season merchandise to drive demand at full price. The expectation of strong demand for apparel companies comes as shoppers hesitate to splurge on big-ticket discretionary items like electronics and home furnishing.
- Zacks
3 Top Dividend Aristocrats to Ride Out Summertime Blues
With things looking dicey for the stock market in the summer months, it's prudent to invest in Atmos Energy (ATO), Ecolab (ECL) and Walmart (WMT) for their risk-adjusted returns.
