As the holiday shopping season kicks off seemingly earlier each year, the focus is on retailers and their strategies for adapting to the ever-evolving consumer landscape.
During this webinar CFRA’s Director of Equity Research, Ken Leon, Moderator, and Equity Analysts Arun Sundaram, CFA, CPA, and Zachary Warring did a comprehensive analysis of the current state of the U.S. consumer and CFRA’s outlook for the 2023 holiday season and beyond.
The webinar will also delved into key factors influencing consumer spending in a climate of economic uncertainty. Additionally, our retail experts offered an in-depth look at the current retail landscape, discussing how macroeconomic challenges like elevated inflation, high interest rates, dwindling savings, and weakened consumer confidence are shaping consumer behavior.
Our discussion examined a broad spectrum of retailers, from big-box stores like Walmart and Target to department stores like Macy’s, off-price retailers including TJX Companies, and apparel/footwear retailers like Nike and Lululemon.
The session detailed:
- Current sector recommendations (Consumer Staples and Consumer Discretionary)
- An analysis of the U.S. consumer using data on retail sales, inflation, wage and job growth, unemployment, consumer debt, and sentiment.
- CFRA’s forecast for the 2023 holiday season and early insights for 2024.
- In-depth insights and investment views on various retailers, including Walmart, Target, Macy’s, TJX Companies, Nike, Lululemon, and others.
