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

To date, 151 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, 63% announced profits that beat analysts’ expectations, while 5% delivered on-target results and 32% 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, 54% 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

To date, 177 of the 205 companies in our Retail/Restaurant Index have reported their EPS results for Q3 2023, representing 86% 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 27.7%. The blended revenue growth estimate for the 205 companies in this index is 4.3% for Q3 2023. Of those companies that have reported their quarterly results so far, 59% announced revenue that exceeded analysts’ expectations and

Black Friday deals are arriving earlier this year as U.S. consumers are still dealing with higher prices from a year ago. As a result, retailers know that shoppers have become price-sensitive and are looking for steep promotions and discounts. Therefore, retailers have ramped up the amount of merchandise on sale, hoping that more shoppers will open their wallets ahead of Black Friday. The discount penetration (how much of the assortment is on sale) rose to 42% in November. LSEG discovered this in a collaboration with Centric Market Intelligence, formerly StyleSage, which analyzes retailers, brands, online trends and products across the

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

The LSEG U.S. Retail and Restaurant Q3 earnings index, which tracks changes in the earnings growth rate within the sector, is expected to show a 26.4% growth over last year’s levels. Our metrics show that five 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 third quarter, recording a 279.1% surge over last year’s level. The second strongest sector is the Hotels, Restaurants & Leisure group with a 92.9% growth estimate. In fact, it has been the strongest-performing sector

To date, 195 of the 200 companies in our Retail/Restaurant Index have reported their EPS results for Q2 2023, representing 98% of the index. Of those companies that have reported their quarterly results, 78% announced profits that beat analysts’ expectations, while 5% delivered on-target results and 17% reported earnings that fell below estimates. The Q2 2023 blended earnings growth estimate now stands at 20.3%. The blended revenue growth estimate for the 200 companies in this index is 3.3% for Q2 2023. Of those companies that have reported their quarterly results so far, 63% announced revenue that exceeded analysts’ expectations and

To date, 169 of the 199 companies in our Retail/Restaurant Index have reported their EPS results for Q2 2023, representing 85% of the index. Of those companies that have reported their quarterly results, 78% announced profits that beat analysts’ expectations, while 5% delivered on-target results and 17% reported earnings that fell below estimates. The Q2 2023 blended earnings growth estimate now stands at 19.9%. The blended revenue growth estimate for the 199 companies in this index is 3.3% for Q2 2023. Of those companies that have reported their quarterly results so far, 62% 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, 144 of the 204 companies in our Retail/Restaurant Index have reported their EPS results for Q1 2023, representing 71% 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 31.6%. The blended revenue growth estimate for the 204 companies in this index is 4.2% for Q1 2023. Of those companies that have reported their quarterly results so far, 78% announced revenue that exceeded analysts’ expectations and

To date, 146 of the 201 companies in our Retail/Restaurant Index have reported their EPS results for Q4 2022, representing 73% of the index. Of those companies that have reported their quarterly results, 65% announced that profits beat analysts’ expectations, while 3% delivered on-target results and 32% reported earnings that fell below estimates. The Q4 2022 blended earnings growth estimate now stands at -21.4%. The blended revenue growth estimate for the 201 companies in this index is 5.8% for Q4 2022. Of those companies that have reported their quarterly results so far, 66% announced revenue that exceeded analysts’ expectations and