Q3 Earnings: Mixed Results, Value-Driven Consumer Spending

Q3 earnings season shows strong growth, with 95% of S&P 500 companies reporting a 13.4% jump in earnings per share. Retailers like Hormel Foods, Dollar General, and Five Below see success, with Five Belows CEO emphasizing the expansion of value beyond low-cost items. Snowflakes stock falls due to disappointing guidance, while Salesforces stock rises after beating earnings estimates. The economic landscape remains complex, with varying results across sectors.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.