WASHINGTON, DC – The LSEG/Ipsos Primary Consumer Sentiment Index for March 2025 is at 54.0. Fielded from February 21 – March 7, 2025*, the Index is down 1.3 points from last month. *The majority of this month’s fieldwork was completed prior to this month’s stock market decline. The index declined this month and has now alternated gains and losses the past four months. It sits about one point higher than its reading from this time last year. Upload the full report here.

To date, 159 of the 195 companies in our Retail/Restaurant Index have reported their EPS results for Q4 2024, representing 82% of the index. Of those companies that have reported their quarterly results, 74% announced profits that beat analysts’ expectations, while 7% delivered on-target results and 19% reported earnings that fell below estimates. The Q4 2024 blended earnings growth estimate now stands at 14.6%. The blended revenue growth estimate for the 159 companies in this index is 4.1% for Q4 2024. Of those companies that have reported their quarterly results so far, 70% announced revenue that exceeded analysts’ expectations and

To date, 128 of the 195 companies in our Retail/Restaurant Index have reported their EPS results for Q4 2024, representing 66% of the index. Of those companies that have reported their quarterly results, 74% announced profits that beat analysts’ expectations, while 7% delivered on-target results and 19% reported earnings that fell below estimates. The Q4 2024 blended earnings growth estimate now stands at 14.4%. The blended revenue growth estimate for the 195 companies in this index is 4.0% for Q4 2024. Of those companies that have reported their quarterly results so far, 73% announced revenue that exceeded analysts’ expectations and

To date, 115 of the 196 companies in our Retail/Restaurant Index have reported their EPS results for Q4 2024, representing 59% of the index. Of those companies that have reported their quarterly results, 72% announced profits that beat analysts’ expectations, while 8% delivered on-target results and 20% reported earnings that fell below estimates. The Q4 2024 blended earnings growth estimate now stands at 13.9%. The blended revenue growth estimate for the 196 companies in this index is 3.9% for Q4 2024. Of those companies that have reported their quarterly results so far, 72% announced revenue that exceeded analysts’ expectations and

WASHINGTON, DC – The LSEG/Ipsos Primary Consumer Sentiment Index for February 2025 is at 55.3. Fielded from January 24 – February 7, 2025, the Index is up 0.9 point from last month. The index is up slightly after a sharp decline to begin 2025. It now sits more than three points higher than its reading from this time last year. Upload the full report here.

The LSEG U.S. Retail and Restaurant Q4 earnings index, which tracks changes in the growth rate of earnings within the sector, is expected to show a 13.0% growth over last year’s levels. Our metrics show that six of 10 consumer-related industries have turned negative. (Exhibit 1) Of the 195 retailers tracked by LSEG, the Broadline Retail sector is headed for the highest earnings growth rate in the fourth quarter, recording a 71.0% surge over last year’s level. The second-strongest sector is Hotels, Restaurants & Leisure with a 6.2% growth estimate. Consumer Confidence improved towards the end of the fourth quarter,

WASHINGTON, DC – The LSEG/Ipsos Primary Consumer Sentiment Index for January 2025 is at 54.4. Fielded from December 20, 2024 – January 3, 2025*, the Index is down 3.2 points from last month. * The majority of this month’s fieldwork was completed prior to Congress passing a spending bill that avoided a government shutdown. The index is down significantly after reaching its highest point since October 2021 last month. However, it is still more than a point higher than its reading from this time last year. Upload the full report here.

WASHINGTON, DC – The LSEG/Ipsos Primary Consumer Sentiment Index for December 2024 is at 57.6. Fielded from November 22 – December 6, 2024, the Index is up 1.9 points from last month. The index is up after showing stability last month, and it now sits at its highest point since October 2021. It is now more than six points higher than its reading from this time last year, and it is nearly five points above its reading to begin 2024. Upload the full report here.

To date, 182 of the 194 companies in our Retail/Restaurant Index have reported their EPS results for Q3 2024, representing 94% of the index. Of those companies that have reported their quarterly results, 62% announced profits that beat analysts’ expectations, while 4% delivered on-target results and 34% reported earnings that fell below estimates. The Q3 2024 blended earnings growth estimate now stands at 7.3%. The blended revenue growth estimate for the 194 companies in this index is 3.7% for Q3 2024. Of those companies that have reported their quarterly results so far, 53% announced revenue that exceeded analysts’ expectations and

To date, 169 of the 194 companies in our Retail/Restaurant Index have reported their EPS results for Q3 2024, representing 87% of the index. Of those companies that have reported their quarterly results, 63% announced profits that beat analysts’ expectations, while 4% delivered on-target results and 33% reported earnings that fell below estimates. The Q3 2024 blended earnings growth estimate now stands at 7.5%. The blended revenue growth estimate for the 194 companies in this index is 3.7% for Q3 2024. Of those companies that have reported their quarterly results so far, 52% announced revenue that exceeded analysts’ expectations and

Black Friday deals are arriving earlier this year, as U.S. consumers continue to face persistent high prices. With inflationary pressures still weighing on shoppers, retailers are responding by offering earlier discounts in an effort to attract price-sensitive customers. When examining the data across various sectors, it’s clear that most retail categories have experienced a decline in both discount penetration (the proportion of merchandise on sale) and average discount rates. In fact, many sectors are seeing their lowest discount levels since 2016, according to a collaboration between LSEG and Centric Market Intelligence. However, two sectors stand out for offering stronger discounts

To date, 157 of the 194 companies in our Retail/Restaurant Index have reported their EPS results for Q3 2024, representing 78% of the index. Of those companies that have reported their quarterly results, 64% announced profits that beat analysts’ expectations, while 4% delivered on-target results and 32% reported earnings that fell below estimates. The Q3 2024 blended earnings growth estimate now stands at 7.4%. The blended revenue growth estimate for the 194 companies in this index is 3.7% for Q3 2024. Of those companies that have reported their quarterly results so far, 53% announced revenue that exceeded analysts’ expectations and