Haverty Furniture (HVT) delivered earnings and revenue surprises of 50% and 2.07%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?
Fortune Brands Innovations (FBIN) delivered earnings and revenue surprises of 3.57% and 3.06%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?
Is it time to buy retail stocks to buy on the dip? Amid high uncertainty surrounding the near-term prospects of both consumer discretionary retailers, as well as historically recession-resistant retailers like discount stores and grocery stores, this may be a question on your mind. With consumer discretionary retailers, headlines discussing a slowdown in U.S. consumer spending call into question the merits in buying such names at this point in the economic cycle. That’s not all. Many consumer di