U.S. retail sales grew 0.5% in July, aligning with market expectations, while core measures showed more moderate gains compared to the prior month.
- Headline retail sales: +0.5% month-over-month (consensus +0.5%).
- Excluding autos: +0.3% (consensus +0.3%).
- Excluding autos and gasoline: +0.2% vs. June +0.8% (previously +0.6%).
- Retail control group: +0.5% vs. consensus +0.4%.
Relevant Companies
- WMT – Sales trends may impact revenue expectations for major U.S. retailers.
- TGT – Consumer spending data could influence quarterly outlook.
- AMZN – Broader retail performance can affect e-commerce growth projections.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
