Home Depot misses earnings report numbers, stocks fall. Next up Target and Wallmart.

[Say it aint so]

....and those results are in:

Home Depot Sales Miss Expectations on Soft Demand​

Home Depot said comparable sales grew 1% in the fiscal second quarter, less than analysts had expected, in a sign that consumers are staying away from big purchases amid high interest rates and inflation uncertainty.​

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Home Depot says it will raise some prices because of tariffs​

Home Depot announced prices on some of its items are likely to go up. It broke the news in its quarterly earnings results Tuesday.​

Target Q2 Earnings Miss Estimates, Comparable Sales Decline Y/Y​

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Target Corporation TGT reported second-quarter fiscal 2025 results, with revenues and earnings declining from the prior-year period. The top line surpassed the Zacks Consensus Estimate, while the bottom line fell short. Also, the company witnessed a decline in comparable sales.​

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Walmart Stock Slips as Q2 Profit Comes Up Short​

Shares of Walmart fell more than 4% to lead the Dow Jones Industrial Average lower Thursday after the giant retailer posted a quarterly profit that missed expectations.​

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Electric Bills Are Up 10% So Far This Year—Why They Could Keep Getting Costlier​

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Electricity bills have increased almost 10% since the start of the year and could rise another $170 per year for households by 2035 thanks to the repeal of clean energy tax credits, new tariffs and rapid expansion of electricity-hungry data centers to fuel a boom in artificial intelligence, multiple reports have shown.​

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There is no way one can not see the economic trends in higher retail prices, climbing utility costs, layoffs, a shrinkage of business itself, as the opposite of the day one Trump economic promises. It is the polar opposite. Tariffs? Truth be told there has not been one fully completed and signed tariff deal with any country.

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[Say it aint so]

Large US Companies Witness Highest Number of Bankruptcy Filings in 15 Years Amid Souring Consumer Sentiment, According to Analyst​

According to Kobeissi, dozens of big companies filed for bankruptcy just last month amid the peak of President Trump’s trade war.​

“[246] is up from 206 recorded last year and more than DOUBLE during the same period in 2022.​

In April alone, the US saw 59 bankruptcy filings as tariffs ramped up.​

So far this year, the industrials sector has seen 41 bankruptcies, followed by 31 in consumer discretionary, and 17 in healthcare.​

According to S&P Global, consumer discretionary companies have been hit the hardest due to market volatility, tariffs, and inflation uncertainty.​

We expect a surge in bankruptcies in 2025.”​

So much winning, you'll get tired of all the winning.

 

[Pommer]

Large US Companies Witness Highest Number of Bankruptcy Filings in 15 Years Amid Souring Consumer Sentiment, According to Analyst​

According to Kobeissi, dozens of big companies filed for bankruptcy just last month amid the peak of President Trump’s trade war.​

“[246] is up from 206 recorded last year and more than DOUBLE during the same period in 2022.​

In April alone, the US saw 59 bankruptcy filings as tariffs ramped up.​

So far this year, the industrials sector has seen 41 bankruptcies, followed by 31 in consumer discretionary, and 17 in healthcare.​

According to S&P Global, consumer discretionary companies have been hit the hardest due to market volatility, tariffs, and inflation uncertainty.​

We expect a surge in bankruptcies in 2025.”​

So much winning, you'll get tired of all the winning.

America will always bounce back for-the-better from “hard times”; some people think that Trump is going to bring “good times”…and he will have delivered (the history books will say), but his tenure might not coincide with them.