META - Retailers Begin To Report Earnings On The Back Of Disappointing January Retail Sales
2024-02-20 13:50:00 ET
Summary
- Last peak week of the Q4 2023 Earnings season sees retailers reporting.
- Outlier earnings dates next week - IFF, D, POOL, EOG, ETSY.
- 1,584 companies expected to report during the final peak week of the Q4 season.
Last week started off with a higher-than-expected inflation reading, which tanked markets on Tuesday. The Consumer Price Index ((CPI)) increased 0.3% in January, driven by persistently high shelter costs.[1] This forced market participants to finally heed some of what the Fed has been communicating about fewer and later rate cuts this year....
Retailers Begin To Report Earnings On The Back Of Disappointing January Retail Sales