The View from 5th Avenue

The View from 5th Avenue – 16 May 2024

Today took a detour from the usual macro wagging of the tail, with Retail as the real tale (see what I did there? re-tail, real tale…). ANYWAY. Earnings from Walmart (WMT +7%), Under Armour (UAA -1.3%), Dillard’s (DDS -4.7%) and Canada Goose (GOOS +15.5%) gave voice to the efforts being made by the retailers to combat macro headwinds. Walmart, particularly, was able to impress with healthy earnings upside and a guidance bump. Both Dillard’s and Canada Goose also acknowledged the challenging en…

The content on this site is available to all Redburn clients as part of Redburn Execution’s standard service. It is not considered substantive research and there are no commercial implications to viewing these pages.

Please enter your email address below to view this page. If you are still unable to access the page, please speak to your account manager.