Target and Walmart Earnings Recap

As we head into the seasonally strong period for retailers and prepare for key shopping events, such as back-to-school and the holidays, big-box retailers are cautiously optimistic that resilient consumer spending can continue. In this recording, Arun Sundaram, CFA, CPA, Vice President of Equity Research at CFRA, recaps the earnings reports for Target and Walmart and provides valuable insights on consuming spending trends, inventory management, and overall profit recovery following a tumultuous prior few years. His expertise sheds light on what could be in store for these retail giants and the broader industry.