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

To date, 145 of the 199 companies in our Retail/Restaurant Index have reported their EPS results for Q2 2024, representing 73% of the index. Of those companies that have reported their quarterly results, 71% announced profits that beat analysts’ expectations, while 4% delivered on-target results and 25% reported earnings that fell below estimates. The Q2 2024 blended earnings growth estimate now stands at 12.9%. The blended revenue growth estimate for the 199 companies in this index is 3.5% for Q2 2024. Of those companies that have reported their quarterly results so far, 49% announced revenue that exceeded analysts’ expectations and

The LSEG U.S. Retail and Restaurant Q2 earnings index, which tracks changes in the growth rate of earnings within the sector, is expected to show a 12.7% growth over last year’s levels. Our metrics show that eight of 10 consumer-related industries have turned positive. (Exhibit 1) (Many retail companies end their fiscal year on January 31 to account for the holiday shopping season, therefore, Q2 ended on July 31.) Of the 199 retailers tracked by LSEG, the broadline retail sector is headed for the highest earnings growth rate in the first quarter, recording an 83.6% surge over last year’s level.

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 33.7% growth over last year’s levels. However, much of this growth is coming from just two categories and our metrics show that six of 10 consumer-related industries have turned negative (Exhibit 1). Of the 204 retailers tracked by LSEG, the Broadline Retail sector is headed for the highest earnings growth rate in the fourth quarter, recording a 753.3% surge over last year’s level. The second strongest sector is the Restaurants & Leisure group with

To date, 145 of the 205 companies in our Retail/Restaurant Index have reported their EPS results for Q3 2023, representing 71% of the index. Of those companies that have reported their quarterly results, 69% announced profits that beat analysts’ expectations, while 4% delivered on-target results and 27% reported earnings that fell below estimates. The Q3 2023 blended earnings growth estimate now stands at 26.4%. The blended revenue growth estimate for the 205 companies in this index is 4.2% for Q3 2023. Of those companies that have reported their quarterly results so far, 58% announced revenue that exceeded analysts’ expectations and

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

To date, 140 of the 204 companies in our Retail/Restaurant Index have reported their EPS results for Q1 2023, representing 67% of the index. Of those companies that have reported their quarterly results, 79% announced that profits beat analysts’ expectations, while 1% delivered on-target results and 20% reported earnings that fell below estimates. The Q1 2023 blended earnings growth estimate now stands at 30.9%. The blended revenue growth estimate for the 201 companies in this index is 4.3% for Q1 2023. Of those companies that have reported their quarterly results so far, 79% announced revenue that exceeded analysts’ expectations and

To date, 107 of the 201 companies in our Retail/Restaurant Index have reported their EPS results for Q4 2022, representing 53% of the index. Of those companies that have reported their quarterly results, 64% announced that profits beat analysts’ expectations, while 4% delivered on-target results and 32% reported earnings that fell below estimates. The Q4 2022 blended earnings growth estimate now stands at -22.1%. The blended revenue growth estimate for the 201 companies in this index is 5.5% for Q4 2022. Of those companies that have reported their quarterly results so far, 61% announced revenue that exceeded analysts’ expectations and

To date, 103 of the 201 companies in our Retail/Restaurant Index have reported their EPS results for Q4 2022, representing 51% of the index. Of those companies that have reported their quarterly results, 63% announced that profits beat analysts’ expectations, while 4% delivered on-target results and 33% reported earnings that fell below estimates. The Q4 2022 blended earnings growth estimate now stands at -22.8%. The blended revenue growth estimate for the 201 companies in this index is 5.2% for Q4 2022. Of those companies that have reported their quarterly results so far, 61% announced revenue that exceeded analysts’ expectations and

To date, 146 of the 204 companies in our Retail/Restaurant Index have reported their EPS results for Q3 2022, representing 72% of the index. Of those companies that have reported their quarterly results so far, 69% announced that profits beat analysts’ expectations, while 1% delivered on-target results and 30% reported earnings that fell below estimates. The Q3 2022 blended earnings growth estimate now stands at 2.9%. The blended revenue growth estimate for the 204 companies in this index is 9.0% for Q3 2022. Of those companies that have reported their quarterly results so far, 64% announced revenue that exceeded analysts’

To date, 151 of the 204 companies in our Retail/Restaurant Index have reported their earnings results for Q2 2022, representing 74% of the index. Of those companies that have reported their quarterly results so far, 73% announced that profits beat analysts’ expectations, while 2% delivered on-target results and 25% reported earnings that fell below estimates. The Q2 2022 blended earnings growth estimate now stands at -6.6%. The blended revenue growth estimate for the 204 companies in this index is 9.0% for Q2 2022. Of those companies that have reported their quarterly results so far, 60% announced revenue that exceeded analysts’