EBIZ - Q1 2022 Retail Preview: Inflation And Supply Chain Problems Create A Perfect Storm

• In addition to rampant inflation in the price of grain and other foodstuffs, the markets are seeing a major supply shortfall of cooking oils, including sunflower and palm oils, that is causing their prices to surge as well.
• Looking ahead to Q2 2022, 15 retailers issued negative preannouncements, while six issued positive EPS guidance.
• Even as higher food prices eat into their spending power, consumers also have had to grapple with rising gasoline prices.

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