Consumer spending bounced back in October after a sharp fall in September with the gains in the CNBC NRF retail monitor across most sectors adding up to a a good and a strong start for retail in the fourth quarter. Here's the data. The retail monitor powered by actual credit card spending data from Affinity Solutions shows retail XO and gas up 06 compared with a 0.7% decline in September.The year rate though did edge down of 5% from 5.4%. We take out restaurants as well to get core retail that rose 06 also ...

CNBC and the National Retail Federation out with the latest retail monitor. Steve Leeman joins us right now with those details. Good morning, Steve. >> Morning, Becky.Consumer spending bounced back in October after a sharp fall in September with the gains in the CNBC NRF retail monitor across most sectors adding up to a a good and a strong start for retail in the fourth quarter. Here's the data. The retail monitor powered by actual credit card spending data from Affinity Solutions shows retail Xauto and gas ...

US import volumes are projected to slow through the year-end holidays and into 2026, as tariff uncertainty weighs on cargo owners and the outlook for consumer spending remains clouded https://t.co/OdhY0OLFv3 ...

Core Insights - The National Retail Federation anticipates a year-over-year increase in collective consumer spending of between 3.7% and 4.2% as the Christmas season approaches, indicating a potentially strong retail performance [1] Group 1: Consumer Spending Outlook - The expected increase in consumer spending could reflect broader global trends, suggesting that the retail sector may experience significant growth during the holiday season [1] Group 2: Market Implications - The positive spending forecast may influence various sectors, including e-commerce and traditional retail, as companies prepare for increased demand [1]

Financial Performance - Sweet Green's same store sales fell 9.5% [1] - Sweet Green experienced flat sales in September and October, but is now running at low double-digit drops [2] Market Trends & Consumer Behavior - The salad bowl chain Sweet Green dropped 7.5% after missing sales and earnings estimates and cutting guidance [1] - Younger consumers are eating less at Sweet Green, Cava, and Chipotle [2] - Lower-income consumers are pulling away from quick service chains, with McDonald's noting double-digit traffic declines in this segment [3] - Upper-income consumers are visiting some QSR chains more [4] - Starbucks and Dutch Bros are bucking the trend with younger consumers, with Starbucks seeing flat but positive US comps in September and October [4] - The consumer is cautious and picking and choosing where to spend money [5] Company Strategy - Chains like Sweet Green, Cava, and Chipotle may focus on promotional activity and value to attract consumers [6] - Chipotle aims to improve its messaging around value and price point, addressing the perception of being more expensive [7] - Sweet Green may fine-tune its messaging as it has a higher price point than Chipotle [7][8]

Well, all four major averages back in the red after yesterday's bounce. Tech once again the lagard as some recent highf flyers return to earth. Should investors view any pullback as a buying opportunity.Far Miller and Washington President CEO Michael Farre joins us. Michael, good to see you. Um, some of the highest valuation stocks in the market are also the biggest in tech.And so even beneath the index level, I wonder is there anywhere to hide. Won't the whole market get dragged down if there's a sentiment ...

Core Insights - McDonald's Corporation reported solid global comparable sales and loyalty momentum in Q3, but underlying growth slowed, and company-operated restaurant sales declined, impacting overall results [1] - The company reaffirmed its 2025 outlook, expecting net restaurant unit expansion to contribute slightly more than 2% to Systemwide sales growth in constant currencies [1] Sales and Consumer Trends - U.S. quick-service traffic for consumers earning under $45,000 fell by nearly double digits, while higher-income guests showed double-digit gains, partially offsetting the decline [3] - Management highlighted higher rent, food prices, and childcare costs as significant headwinds, along with reduced SNAP benefits adding pressure on consumers [3] Analyst Perspectives - BTIG analyst Peter Saleh expressed concerns about the consumer backdrop, predicting continued pressure on earnings and reiterated a Neutral rating on the stock [2] - Saleh noted that the strains on lower-income consumers are not transitory and may extend into 2026 [3] Margin Pressures - McDonald's is heavily discounting and subsidizing franchisees to drive sales, with management expecting about $75 million in fourth-quarter support to cover half of the Extra Value Meal discounts [5] - Saleh estimated an earnings impact of roughly eight cents per share due to these discounts [5] Future Outlook - The company is expected to roll out CosMc's beverages next year after successful tests, but the analyst sees less opportunity for earnings upside and a more normalized sales trend [5][6]

Core Insights - Papa Johns is experiencing a cautious consumer environment, leading to mixed performance in the third quarter, with flat same-store sales overall [1][2] - International sales grew by 7.1%, which helped offset a 2.7% decline in North American sales [1] Sales Performance - The company reported flat revenue of $508 million for the third quarter, with net income dropping to $4 million, or 13 cents per share, compared to $42 million, or $1.27 per share, in the same quarter last year [6] - The adjusted financial outlook for 2025 now projects a decline of 2% to 2.5% in same-store sales for North America, down from a previous estimate of flat to up 2% [6] Consumer Behavior - Weaker consumer sentiment and a more promotional quick-service restaurant (QSR) marketplace are impacting sales, particularly in North America [2] - Customers are focusing on "center of plate" items, such as large pizzas, and are opting to remove extras from their orders to save money [2] Promotions and Strategies - To attract lower-income customers, the company introduced a 50% off carryout promotion, which has shown to improve order trends [3][4] - The promotion is seen as a way to encourage customers to build a more comprehensive order once they engage with the offer [4] - The company is balancing promotional value with store-level profitability while investing in operational efficiencies and expanding in international markets like India [5]

cylinders. We'll get more reads on the consumer in coming weeks. Rough Lauren, Tapestry, Target, and Walmart.All still to come this month. So, what is the real read on the consumer. Guy, what's your take.>> Exactly. That that there's two different economies right now. The people that are doing well that are trading down but are still a bit have the ability to spend and then on the lower end, people are strapped.And I think that's been going on for quite some time. And we see it in the performances of these ...

Economic Index & Consumer Spending - Zeta Global Economic Index (ZEI) expanded 150 basis points to 677%, indicating a healthy economic state [2] - The index analyzes data from 240 million Americans, including research, searches, and credit card transactions [3] - Consumer and private sector spending remains strong despite concerns about government shutdown [4] - Financial services, travel, entertainment, retail, automotive, and tech sectors are simultaneously expanding [4] Housing Market & Credit - The moving index shows a continued lack of mobility or ability to move, indicating a contraction [5] - Credit contraction is also observed, linked to interest rates [6] - Consumers are hesitant to draw down credit due to expensive mortgage costs [6] - Credit line expansion intent is falling, though at a slower rate than the previous month [7][8] - High mortgage rates (6-7%) compared to existing low-cost mortgages (2-3%) discourage moving [9]