VCR News and Press, Vanguard Consumer Discretion From 09/08/22

Summary We believe that cash flow and debt sustainability are likely to become increasingly important as real economic growth slows and credit access tightens. Cash flow provides a link between a company’s income statement and their balance sheet. Focusing on the Russel...

Summary The second quarter earnings season saw a notable divergence in spending habits by consumer income cohort. Inflationary pressures are disproportionately affecting low-income consumers while higher earners remain resilient, judging from 2Q earnings results and forward guidan...

Summary Today's market X-ray shows the returns for each index, asset class, sector, and so on, since the recent low point on June 16th. Of the global indices, US small caps are in the lead, followed by the NASDAQ. High beta stocks are the most preferred factors since June 16. ...

The durables and apparel subsector is undervalued by about 20% relative to 11-year averages. Auto and components are the less attractive subsector regarding valuation and quality metrics. XLY fast facts. 10 stocks cheaper than their peers in August. This monthly arti...

To date, 151 of the 204 companies in our Retail/Restaurant Index have reported their earnings results for Q2 2022, representing 74% of the index. The blended revenue growth estimate for the 204 companies in this index is 9.0% for Q2 2022. July’s monthly retail sales came in...

Total nominal retail sales and food-services spending were unchanged in July, following an 0.8 percent increase in June. Real core retail sales posted a solid 0.4 percent rise in July, after declining less than 0.1 percent in June. Overall, nominal total and core retail sales rema...

URBN is a market leader in a growing market, with a sufficient moat. URBN's stock has been hurt by inflation and negative sentiment.  However, its business remains resilient and the effects of a recession might be less severe. URBN is trading at an attractive valuation. ...

At the onset of 2022, we believe various consumer businesses were emerging from the pandemic with some degree of “over-earning”. Consumer weakness and trade-downs to less expensive goods are increasingly apparent (especially at lower incomes levels), while managements ha...

BARK reported Q1 2023 earnings that positively surprised investors. BARK's guidance reaffirmed what it had previously guided for. However, with the stock down circa 80% in the past year, all news that isn't bad is good. BARK is seeing a lot of investors attempting to bottom fish t...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips In 2021, with over $5.4 trillion in assets under management , Vanguard was the second-largest fund manager behind BlackRock (NYSE: BLK ). John Bogle, who founded the financial powerhouse, is also credited with tr...