Blackbaud: Growth Drivers Will Be Tough To Sustain As Renewal Cohorts Shrink

Core Insights - The Q2 earnings season has revealed disappointing sales growth for large-cap companies with exposure to consumer spending, such as Chipotle and Starbucks [1] Company Performance - Chipotle (CMG) and Starbucks (SBUX) are highlighted as examples of large-cap companies facing challenges in sales growth during the current earnings season [1] Market Trends - The article suggests a broader trend in the market where companies reliant on consumer spending are experiencing slower growth, indicating potential shifts in consumer behavior or economic conditions [1]