To date, 168 of the 199 companies in our Retail/Restaurant Index have reported their EPS results for Q2 2024, representing 84% of the index. Of those companies that have reported their quarterly results, 72% announced profits that beat analysts’ expectations, while 4% delivered on-target results and 24% reported earnings that fell below estimates. The Q2 2024 blended earnings growth estimate now stands at 14.2%. The blended revenue growth estimate for the 199 companies in this index is 3.7% for Q2 2024. Of those companies that have reported their quarterly results so far, 51% 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

At the halfway point in 2021Q3 earnings, with 244 S&P 500 companies having reported, 82% of companies have beat on EPS with an average surprise of 12.2% and YoY growth is running at 38.6% (See Exhibit 1). For revenues, 77% have beat, with an average surprise of 2.1%, and YoY growth of 14.9%. This compares with the midway point last quarter: 91% of companies beat EPS with an average EPS surprise factor of 17.8%, and YoY growth of 87.2% (See Exhibit 2). Exhibit 1: 2021Q3 Earnings Scorecard as of 10/28/2021 Source: I/B/E/S data from Refinitiv Exhibit 2: Earnings Scorecard from

Retailers are getting ready to report Q2 2020 earnings. As they continue to navigate through uncharted territory, some are in financial distress while those with a solid omnichannel strategy are seeing strong double-digit e-commerce growth. E-commerce platforms kept retailers running when COVID-19 forced store closures. During the Q1 2020 earnings season, retail winners reported record e-commerce sales. For Q2, retailers were signaling strong ecommerce sales, such as a 470% gain at Shoe Carnival and 200% at Hibbett Sports. Shoppers are gravitating to online shopping and mobile devices for deliveries and curbside pickup. Consumer shopping patterns have definitely been affected by

This year alone, retailers have discussed Chinese tariffs in 166 earnings calls, and that might just be the beginning. The Chinese government announced its retaliation on Aug. 23, saying tariffs will be imposed on American goods, including apparel, textiles, agriculture and chemicals. This announcement is weighing on retail stocks globally and continues to fuel a trade war between China and the U.S. And now tariffs are having a deep effect on both countries. Retailers Booming in China The retailers reporting Q2 earnings this month have been vocal about their popularity in China. Walmart said during its Q2 earnings call that

Retail analysts polled by Refinitiv are cautious about Q2 earnings expectations, especially since many retailers lowered their earnings guidance for Q2. The Q2 2019 retail blended earnings growth estimate is 1.8% — a sharp contrast with Q1 2019, which saw an 8.3% growth in retail earnings. Let’s dig in and look at the major factors: The latest reading of American consumer confidence, as measured by the Refinitiv/Ipsos Primary Consumer Sentiment Index suggests consumers still have some ongoing concerns surrounding job security and possible repercussions on local economies. Most U.S. retailers are concerned about the higher costs associated with tariffs imposed

Seventy-two percent of companies in the Thomson Reuters Retail/Restaurant Index have reported Q2 2018 EPS.

Thompson Reuters' retail analysis looks at Walmart and Amazon competing in the e-retail space and how a potential foreign trade war might affect them.

In the U.S. retail landscape, the strength seen in consumer spending continued into the second quarter of 2018.

Fathom’s Sovereign Fragility Index (SFI) – an objective measure of fundamental sovereign credit risk across the world’s major economies – was updated for 2018 Q1 last Friday and is now available on Thomson Reuters Chartbook. Refresh the chart in your browser | Edit chart in Datastream Three countries saw their fragility increase from already high levels on the quarter: in order, these were Russia, Turkey and South Africa. That pattern of increasing fragility is reminiscent of the period of Fed tightening after 1994, when capital began to flow back into the US, triggering a wave of sovereign crises across emerging economies. Greece

About 70% of retailers and restaurants have already reported Q2 earnings. What’s in store for retailers this week? A 3.0% Same Store Sales (SSS) gain reflects healthy consumer spending, and a few retailers are poised to post healthy comps this week, including Home Depot, Citi Trends, and Coach. On the flip side, Cato Corp. is expected to post the weakest SSS estimate at -12.5%, followed by The Buckle and Urban Outfitters with comps of -8.4%, and -6.7%, respectively. Exhibit 1: Same Store Sales and Earnings for Retailers Reporting Week of August 14, 2017 Source: I/B/E/S estimates Coach better poised than

Mall closures around the U.S. have many wondering how long department stores will last, unless they can reinvent the shopping mall experience. Shoppers continue to gravitate towards the off-price retailers, such as Ross and TJX Companies, that have stolen market share from department stores. In the cosmetics sector, Sephora and Ulta continue to steal the department stores’ market share. Department stores are getting ready to report Q2 financial results. Despite facing easy same store sales from a year ago, none are expected to report positive Q2 2017 comps (Exhibit 1). The same can be said for earnings growth rates; they