Global  

Trusted News Discovery Since 2008
One News Page
One News Page > News Videos > What the Earnings Reports From Dick's, Burlington and Best Buy Say About the Consumer

What the Earnings Reports From Dick's, Burlington and Best Buy Say About the Consumer

Video Credit: The Street - Duration: 00:42s - Published < > Embed
What the Earnings Reports From Dick's, Burlington and Best Buy Say About the Consumer

What the Earnings Reports From Dick's, Burlington and Best Buy Say About the Consumer

As of Tuesday, Nov.

12--based on Adobe Analytics data--$19.7 billion had been spent during the holiday season so far, representing a 17.5% increase year-over-year.

"Holiday shopping has begun in earnest with consumers pouring onto retailers' websites to find the early deals of the season.

All signs point to strong sales growth this year, with consumers buying almost 50% more than last year just through their phones.

And this may be one of the best years for consumers to date as promotional price discounts are much deeper than they were at this time last year - TV prices alone are down nearly 15% from October," said Taylor Schreiner, Principal Analyst, Adobe Digital insights.

But we hear the words "spending, spending, spending" when it comes to the consumer.

Is there another way to tell how strong the consumer is?

Jim Cramer said that the answer may lay in the earnings results from Burlington and Dick's Sporting Goods Watch the full video above for Cramer's full take.

Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below

0
shares
ShareTweetSavePostSend
 

You Might Like


Tweets about this

CBJnewsroom

Charlotte Business Journal Expect this week a flurry of earnings reports from the nation's biggest banks, including the most prominent financi… https://t.co/TEaJz9mm7g 29 minutes ago

CBJnewsroom

Charlotte Business Journal Tomorrow begins a flurry of earnings reports from the nation's biggest banks, including the most prominent financia… https://t.co/r9hAsXE6DH 1 day ago

Animesh_India

Animesh Jain🇮🇳 #Dmart has always surprised the markets. In this slow economy canundrum it reports rise in profit. #retail… https://t.co/fViSVMO44b 2 days ago

scmarco69

Ladybird_thx1138 @nntaleb From what I understand, Carlos G. may have cheated on his expense and earnings reports, something most sal… https://t.co/Pkw7ZI6Fvb 4 days ago

BloombergQuint

BloombergQuint Profit of India’s five largest IT companies is expected to rise in the seasonally weak third quarter on the back of… https://t.co/j9W2hahSev 6 days ago

wealthytiffany

Tiffany Thomas JPMorgan Chase Earnings: What to Look For From JPM JPMorgan Chase (JPM) reports Q4 earnings before market open on… https://t.co/C25H3Akqvn 1 week ago


Recent related videos from verified sources

Consumer Reports: Best cars of the year [Video]Consumer Reports: Best cars of the year

Is it time for a new car? Consumer Reports is out with its annual auto issue that includes its exclusive top car picks and we’ve got advice on how to find a safe, satisfying and reliable ride.

Credit: Rumble     Duration: 02:10Published

Consumer Reports Issues List Of Best Cars Of 2020 [Video]Consumer Reports Issues List Of Best Cars Of 2020

CBS News' Michael George went for a ride to find out which cars made the list.

Credit: CBS 2 Chicago     Duration: 02:00Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2020 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.