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0.000926354793886039 0.00277906438165828 0.00277906438165828 0.00509495136637329 0.000463177396943102 0.00416859657248726 0.00416859657248726 0.00416859657248726
Stock impact report

Wall Street Lunch: Retail Sales Stall In December As Middle And Lower-Income Consumers Hit Pause [Seeking Alpha]

Paramount Skydance Corporation - Class B (PSKY) 
Company Research Source: Seeking Alpha
Department stores like Macy's (M), Kohl's (KSS), and Dillard's (DDS) saw year-over-year declines, while nonstore retailers' growth slowed. Coca-Cola (KO) missed Q4 revenue expectations and guided for full-year organic sales growth below consensus. Paramount Skydance (PSKY) sweetened its Warner Bros. Discovery (WBD) bid with a ticking fee and coverage of key termination and refinancing costs. Daniel Grizelj/DigitalVision via Getty Images Listen below or on the go on Apple Podcasts and Spotify Retail sales stall as high-income spends, but mid and lower struggle. (0:15) Datadog rallies on upbeat guidance . (1:27) Paramount Skydance sweetens Warner Bros Discovery bid with ticking fee This is an abridged transcript of the podcast: Our top story so far, retail sales were flat in December , missing expectations for a 0.4% increase and slowing from 0.6% growth in November. Sales were up 2.4% from a year ago. Core retail sales, excluding motor vehicles and parts, were also fla Show less Read more
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