ONLN - Some U.S. Retailers May Be 'Tariff Proof'
By Jharonne Martis
U.S. retailers that offer value and convenience continue to outperform - and gain market share. Additionally, they have the wherewithal to do better during a trade war. Walmart (WMT) and Target (TGT) smashed Q2 earnings expectations and are showing strong defensive qualities. Given their wide range of brand categories and robust supply/vendor relationship, they are less vulnerable to a trade war. These discounters have the resources and flexibility to make the necessary adjustments to their supply chain more rapidly than their peers do.
Exhibit 1: Q2 2019 Same-Store Sales Actuals and Estimates