The Good, The Bad, and The Ugly -- Retail Earnings Week: Jarvis® Update November 18, 2022
Markets were choppy and sloppy this week as investors digested significant news flow and the huge rocket of a rally last week.
Earnings season is beginning to wind down this week and we heard from many major retailers, including Walmart (WMT), Target (TGT), TJ Maxx (TJX), and Bath and Body Works (BBWI).
On this week's episode, we break down the latest inflation data and then spend most of the time separating this week's retail earnings into the good, the bad, and the ugly.
CEO Noland Langford gives his more detailed thoughts on Bath and Body Works after the stock rallied 25% post-earnings. Though there may be temptation to take a look at the stock, Noland explains that there is a better way to play the story. Noland shows off his acumen in the bond world as he rattles off half a dozen of the bonds in the Bath and Body Works capital structure.
Topic 1: The Good: Retail Earnings
Topic 2: The Bad and the Ugly in Retail
For those of you who missed our webinar on Thursday, November 17, covering income securities opportunities in a high interest rate environment, send me an email at email@example.com. If you contact me, I'd be happy to get you on my list to receive the recording of the webinar.