Sales at several major chains slowed during the latest quarter, clouding the outlook for the retail sector as it braces for the impact of higher tariffs on merchandise imported from China.
Kohl’s Corp., J.C. Penney Co., and Nordstrom Inc. reported declines on Tuesday, while Home Depot Inc. posted a weaker-than-expected 2.5% rise in comparable-store sales.
A convenient excuse, been in all these stores last quarter and prices have not changed
THANK YOU POTUS
analysts' and estimates: If you are supposed to know of a slow down in China or anywhere else... estimates should be revised and further the way the estimates are derived should be addressed. Bringing these subjects together falls short and should be separate stories.
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