ROST - Rising Retail Headwinds? Clues From Victoria's Secret And GameStop Preliminary Earnings Announcements
2024-06-05 08:50:00 ET
Summary
- April U.S. Retail Sales were below estimates, but other macro data show decent spending trends.
- After issuing preliminary earnings reports in May, Victoria’s Secret and GameStop hint at differing consumer vibes.
- The two firms also host shareholder meetings next week, potentially drawing further volatility.
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Rising Retail Headwinds? Clues From Victoria's Secret And GameStop Preliminary Earnings Announcements