5 Retailers Likely to Gain on Earnings Results This Month
Nov 15, 2022
We are in the last major week of the third-quarter 2022 earnings season. So far, corporate America has shown mixed results. Although the earnings growth rate has declined systematically, margin pressures have come in less than expected.
Most of the sectors have already reported with the notable exception being the retail sector. Last quarter was a mixed one for retailers. Overall demand remains solid owing to strong savings by Americans. However, several retailers have warned of inventory accumulation and stiff margin pressures. Read more at Zacks.
