The focus turns to retailers next week as heavyweights Walmart (WMT), Target (TGT), Lowe's (LOW), and Home Depot (HD) report results.
Investors will be listening for changes in consumer behavior as tariffs and inflation remain top concerns for households.
Earlier this earnings season, Amazon CEO Andy Jassy noted that the company wasn't seeing diminishing demand or meaningful price increases. Similarly, Mastercard CEO Michael Miebach said consumer spending remains healthy.
However, recent data showed retail sales rose by less than expected in July. And some companies, particularly fast-casual restaurants, noted their customers were pulling back.
With that mixed picture in the backdrop, the earnings calendar next week should provide additional insights from some of the big brands Americans shop. Here's what's on deck:
Monday
Palo Alto Networks (PANW), Blink Charging (BLNK)
Tuesday
Home Depot, Xpeng (XPEV), Medtronic (MDT), La-Z-Boy (LZB), Toll Brothers (TOL)
Wednesday
Target, Lowe’s, Baidu (BIDU), TJX Companies (TJX), Estée Lauder (EL)
Thursday
Walmart, Intuit (INTU), Zoom Communications (ZM), Workday (WDAY), Ross Stores (ROST)
Friday
BJ’s Wholesale (BJ)
