Q2 2023 U.S. Retail Scorecard – Update Aug. 15, 2023

To date, 145 of the 199 companies in our Retail/Restaurant Index have reported their EPS results for Q2 2023, representing 72% of the index. Of those companies that have reported their quarterly results, 79% announced profits that beat analysts’ expectations, while 4% delivered on-target results and 17% reported earnings that fell below estimates. The Q2 2023 blended earnings growth estimate now stands at 17.6%. The blended revenue growth estimate for the 199 companies in this index is 3.1% for Q2 2023. Of those companies that have reported their quarterly results so far, 64% announced revenue that exceeded analysts’ expectations and
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Aug 15, 2023
posted by Jharonne Martis