Retail Results Roundup, Debt Ceiling Negotiations, and the Markets This Week 5/26/23
Morning Call
00:00
Walmart's Outperformance and Strong Support for Earnings
Jerry Storch and Jerome Martis: Are we nearing the end of consumers' ability to continue to spend? They say Walmart has been the biggest winner right now, but coming up, there's still some more retailers to report. Lula Lemon is expected to put double digit same-store sales on top of very strong things through sales last year. We've seen that Ulta did really good because self-care is very important to consumers.
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Transcript
