What Retail Earnings Say About the Consumer

The latest batch of retail earnings point to a resilient consumer in these high-inflation times, analysts say.

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(Image credit: Getty Images)

This week’s earnings calendar is stacked with retailers – giving us a bird’s eye view of how inflation is affecting consumer spending. According to Michael Reinking, senior market strategist at the New York Stock Exchange, “results from both Walmart (WMT) and Home Depot (HD) suggest the consumer continues to be resilient,” and “relief at the pump has helped on this front.”

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Karee Venema
Senior Investing Editor, Kiplinger.com

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at Kiplinger.com. She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.