VCR News and Press, Vanguard Consumer Discretion From 03/27/23

2023-03-27 13:47:58 ET Summary BGFV’s current yield is twice as much as the historical average. We examine if BGFV can meet its FY23 dividend bill through internally generated cash flow. We close with some thoughts on the technicals and the valuations. Company S...

2023-03-24 23:53:00 ET Summary Although the S&P 500 is up 2.84% on the year as of yesterday’s close, only three of the eleven sectors are higher. Consumer Discretionary posted the smallest gain of 10%; Technology and Communication Services have risen 17.2% and 18.1%, re...

2023-03-23 14:43:54 ET Vanguard Consumer Discretionary ETF ( NYSEARCA: VCR ) - $0.6949 . 30-Day SEC Yield of 0.82% as of Feb. 28. Payable Mar 29; for shareholders of record Mar 27; ex-div Mar 24. For further details see: Vanguard Consumer Discretionary ETF de...

2023-03-17 04:30:00 ET Summary The Q4 2022 blended earnings growth estimate now stands at -21.5%. For Q4 2022, eight out of the 11 consumer-related industries have turned negative. Retailers are reporting earnings and are warning us not to expect too much from them for the cur...

2023-03-16 21:41:00 ET Summary Real Personal Income and Retail Sales have been holding at recent highs despite voluminous calls for recession and claims that consumers have pulled back spending. We should be surprised that post-lockdown spending has held up as well as it has and s...

2023-03-15 22:12:00 ET Summary Retail sales in February dipped 0.4% from the huge spike in January, to $698 billion. So is this tiny dip in February off the huge spike in January a sign that consumers are tapped out? Consumers are still spending like drunken sailors, especiall...

2023-03-10 02:52:00 ET Summary Inflation is not moving down as much as people are anticipating. Labor is showing signs of resilience and strength. The leading indicators are telling us that although things are looking good now, that may not hold up as we get to the back half o...

Summary As Europe strives to end its reliance on Russian crude oil, the future does not look good for Russia. Sadly, the Biden Administration is still playing politics with our Strategic Petroleum Reserve. In the wake of stunning January retail sales report, most economists will be ...

Summary To date, 103 of the 201 companies in our Retail/Restaurant Index have reported their EPS results for Q4 2022, representing 51% of the index. All eyes are on Walmart and Home Depot as they kick off Q4 retail earnings season. Walmart’s e-commerce is expected to grow a r...

Summary Larger surprises were in vehicle and restaurant sales as economic activity continues to exit the COVID era. Unexpected and significant retail sales gains occurred in vehicle sales and restaurants. Past economies have expanded at much higher rates. Real Retail Sales...