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Retail Sales, Retailer Earnings in Focus on March 12

July 25, 2023
in Trade Tube
Reading Time: 1 min read
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For Thursday, March 12th we take you through notable companies reporting their quarterly results as well as key economic data. February retail sales will be out Thursday morning. Economists expect the core reading to rise 0.5% over the month, an improvement from January. However, cold weather and consumers’ reluctance to spend on big-ticket items will likely continue to pressure that headline number. In earnings, investors will be able to evaluate Aeropostale’s turnaround progress as the teen retailer reports after market close. Analysts expect a net loss of $0.03 a share with sales down 14% to $567 million.

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