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Stock impact report

Be Skeptical About The Headlines On Black Friday Holiday Weekend Retail [Forbes]

Tractor Supply Company (TSCO) 
Last tractor supply company earnings: 4/23 07:18 am Check Earnings Report
US:NASDAQ Investor Relations: ir.tractorsupply.com
Company Research Source: Forbes
Nervous Santa Claus on Christmas Eve, he is sitting on the armchair and resting head on his handsgettyDecember kicked off with upbeat news that a record number of Americans went shopping over Thanksgiving weekend, starting with Black Friday and ending on Cyber Monday.“The numbers shattered NRF’s initial expectations by more than 30 million,” theNational Retail Federation reportedAverage holiday-related spending rose about 8% over the weekend, from $301 in 2021 to $325 this year. However, the push-pull of inflation and discounting, both of which are rampant this year, complicates the overall spending picture, NRF warned.With inflation running about 8% according to the Consumer Price Index, NRF CEO Matthew Shay cautioned against subtracting inflation from the spending numbers to conclude that inflation accounts for growth. “It’s not that simplistic,” he said in the press call.And with retailers pulling the promotional levers extra hard this season so that prices on many goods are down r Show less Read more
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