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09.06.25 - 23:42
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Retailers Offer Goldman A Consumer Reality Check As One Thing Remains Clear (ZeroHedge)
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Retailers Offer Goldman A Consumer Reality Check As One Thing Remains Clear
With just three weeks left in the second quarter and the summer season in full swing, a key question emerges: What's the state of the consumer?
Goldman Sachs analysts Kate McShane, Mark Jordan, and others published a note on Monday offering valuable insights into consumer trends following meetings with the management and investor relations of Dollar General, Dollar Tree, Five Below, Leslie's, and Ollie's Bargain Outlet. This comes as the first half of the year was marked by market turbulence, sliding sentiment, and escalating trade war tensions.
McShane's discussions with the management teams of DG, DLTR, FIVE, LESL, and OLLI painted a picture of cautious optimism. While companies are seeing pockets of resilience, persistent economic pressures, particularly elevated inflation and interest rates, continue to weigh heavily on discretionary spending, especially among the working poor segment.
Longer-form ta...
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30.04.25 - 14:36
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OLLIE′S RAISES OVER $830,000 FOR FEEDING AMERICA® (PR Newswire)
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Fundraising Campaign Benefits 138 Partner Food Banks HARRISBURG, Pa., April 30, 2025 /PRNewswire/ -- Ollie's Bargain Outlet, Inc., America's largest retailer of brand name closeout merchandise and excess inventory, is proud to announce that it raised more than $830,000 for Feeding America......
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