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Target Stumbles, TJX and Williams-Sonoma Shine
The retailers reported about as expected this morning. The good stores beat and guided to a decent Q4. Target mentioned consumer sentiment a few times, guided revenue lower, and announced a huge capex expansion for next year, suggesting estimates will...
The Macke Letter
Jeff Macke
The Macke Letter
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A quick breakdown of what you need to know about today's earnings

Kohl's, Williams-Sonoma beat! Abercrombie is a tale of two companies. Foot Locker is barely trying ahead of Dick's takeover.

Here's my instant-reaction to this morning's retail earnings. 

 

Kohl's...

The Macke Letter
Jeff Macke
The Macke Letter
earnings
$WSM
$LEVI
$ANF
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Huge earnings week for the mall! Furniture stocks burning!

It's the last week of summer and the biggest week of the year as retail earnings hit maximum intensity in the next 5 days. Here's what I'm watching while most of the other adults are on vacation:

 

 

1. The Earnings Flood...

The Macke Letter
Jeff Macke
The Macke Letter
earnings
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$AEO
$WSM
$LEVI
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