Corporate profits beating estimates, setting the stage for a strong finish to ’09
17 Nov
Corporate profits continue to prevail, and beat the streets estimates, economic opinion is turning positive, inflation remains in check, the stock market is moving in a very positive direction, unemployment seems to be leveling off, consumer sentiment is up, housing is starting to turn… All this points to a confident consumer going into the holiday shopping season. Could I be wrong? Of course. I doubt we’ll see the strong holiday season’s of past years, but I think we’ll see stronger holiday retail revenues than that of ’08. Following are just a few of the positive corporate profit reports coming in this week:
Home Depot profit beats street…
Target profits up…cautious on 4th Q…
T.J. Maxx profits beat street estimates…
Tags: corporate profits, Home Depot, Positive Economic News, Saks, Target, TJ Maxx
No comments yet