Sweetgreen shares dropped more than 25% on Friday after the salad chain cut its 2025 outlook for the second quarter in a row, citing issues with its loyalty program, weak consumer sentiment, tariff headwinds and store challenges.For the full-year 2025, Sweetgreen now expects revenue of between $700 million and $715 million, down from its May prediction of $740 million to $760 million and its February outlook of $760 million to $780 million.It also projects negative same-store sales for the full year, estima ...

at 8:30. Speaking of, we got more economic data just crossing. Rick Santelli has that for us.Rick. >> Yes, David. Let's start out with June construction spending down 4/10en of a percent.We're expecting an unchanged number. Uh that would equal last month with a revision, which equals down 4/10 now, but you have to go to March to find a bigger drop in construction spending. ISM on the manufacturing side, the headline number comes in light at 48.0%.That means it's the fifth consecutive number in contraction t ...

I want to ask you to explain what's happening with Coles, but I want to talk about some of the brands that you have under your management, because tariffs are the talk of the town and you think about retailers getting hit really on both sides. Here you have consumer demand and you also have raw input costs. So what are you seeing when you look at some of your portfolio companies.Yeah, it's interesting. So as we're looking at the environment right now, as you mentioned, there's certainly, you know, there is ...

Economic Outlook - Despite the trade truce, economic numbers appear soft, necessitating a broader perspective [1] - Macro policy improvements in September of last year, along with front-loaded activity in Q1, led to solid data in Q4 of last year and Q1 of this year [2] - The underlying economic momentum is moderating due to trade tariff issues with the US and increasing external uncertainty [2][3] - The baseline expectation is for sequential growth of the Chinese economy to slow from approximately 66% quarter-on-quarter in Q1 to around 35% in Q2, and further to 3% in Q3 [3] - PMI numbers align with expectations of moderating economic momentum [4] Sector Performance - Diverging trends exist across different sectors, with China's exports to the US down 40% in April and May [5] - Sectors receiving policy support, such as training subsidies and equipment upgrades, are performing well [6] - The housing sector continues to be a drag on the economy and has not yet bottomed out [6] - Consumer sentiment outside of policy support areas remains at a historical low [7] Policy Implications - Domestic and consumption support are crucial for policy focus this year [7] - Subsidies for consumer durables and autos have shown some impact, but their effect will fade by year-end [7] - Further policy support, particularly for services consumption, is needed [8]

Consumer Sentiment and Travel Industry Outlook - Consumer sentiment rebounded sharply in May, showing a nearly 16% increase from the previous month, driven by a moderating trade war and tariff reductions [5][6] - Despite the rebound, the current sentiment index of 60.5 remains significantly below the pre-pandemic levels and the post-election bump [5][6] Travel Sector Performance - The travel industry, including airlines, hotels, and cruise lines, has faced challenges in 2025, with many companies missing earnings expectations and revising guidance downward [7][8] - The rebound in consumer sentiment is expected to benefit the travel sector, particularly during the summer [6] United Airlines - United Airlines reported strong Q1 earnings, surpassing EPS projections, and is one of the only two airlines to turn a profit in Q1 [9][10] - The company has better net margins and cash flow per share compared to competitors, trading at a forward P/E of 5.1, indicating reasonable valuation [10] Royal Caribbean - Royal Caribbean Cruises reported a net margin of 19.38% in Q1, significantly higher than its competitors, and was the only cruise line to turn a profit [12][13] - The company also pays dividends, currently yielding 1.12%, making it an attractive option in the cruise line sector [13] Booking Holdings - Booking Holdings reported strong Q1 earnings, exceeding expectations and raising guidance, positioning itself as a leader in the online travel reservation space [15] - The company has superior metrics compared to its largest competitor, Expedia, including higher EPS and profit margins [15]

Welcome to Wealth. I'm Ally Canel and this is Yahoo Finance's guide to building your financial footprint. Our community of experts will give you the resources, tools, tips, and tricks you need to grow your money.On today's show, policy whiplash causing investor fatigue. One portfolio manager explains where to find opportunity and how you can position for the summer. And the majority of Americans are concerned about how tariffs could impact their finances.We have tips to help consumers navigate the current e ...

Core Insights - The TransUnion Q2 2025 Consumer Pulse study indicates a rise in consumer pessimism regarding household finances, with 27% of U.S. consumers expressing concerns, up from 21% in Q4 2024 and 23% a year ago, marking the highest level since Q1 2021 [1][2][3] - Despite the increase in pessimism, 55% of consumers remain optimistic about their finances, consistent with Q2 2024 but down from 58% in Q4 2024 [2][3] - Concerns about tariffs have led to heightened interest in credit products, with 87% of Americans expressing some level of concern about the impact of tariffs on their finances [6][9] Consumer Sentiment - The youngest consumers, Gen Z and Millennials, show the highest levels of optimism at 67% and 64%, respectively [2][3] - A significant portion of consumers (41%) report being very concerned about tariffs, with 37% of this group planning to apply for new credit or refinance existing credit in the next year [6][7] Economic Concerns - Inflation remains the top financial concern for Americans, with 81% ranking it among their top three concerns for the next 12 months [10] - Fears of a recession have increased, with 52% of respondents listing it as a top concern, up from 43% in Q4 2024 [10][11] - Historical context shows that while recession fears are growing, they are not at the highest levels seen two years ago, indicating a complex consumer sentiment landscape [11][12] Credit Market Dynamics - Consumers concerned about tariffs are more likely to seek liquidity credit products, such as credit cards and personal loans, to prepare for potential financial challenges [7][9] - The study suggests that uncertainty in the market often drives consumers to secure new credit options, reflecting a proactive approach to managing financial risks [9][12]

Core Viewpoint - Target is facing significant challenges despite its long history of dividend increases and a high yield of 4.8%, as it has underperformed compared to the S&P 500 over the last five years [1] Group 1: Market Conditions - Retailers, including Target, are experiencing pressure due to consumer spending tightening amid inflation and economic uncertainty, with consumer sentiment at its lowest since 2022 [3] - Competitors like Walmart and Costco have managed to grow revenue and maintain margins despite macroeconomic challenges, while Target has seen a decline in foot traffic [4] Group 2: Financial Performance - Target has reduced its guidance in its latest earnings announcement, indicating a third consecutive fiscal year of adjusted earnings-per-share (EPS) declines, leading to skepticism among investors [6] - Despite declining sales and earnings, Target remains a profitable business with EPS and free cash flow (FCF) per share significantly higher than its dividend per share, having raised its dividend for 53 consecutive years [8] Group 3: Dividend Analysis - Target's current situation is unique as its dividend remains affordable despite a stock price at six-year lows, with a high FCF yield of 8.2% compared to its 4.8% dividend yield [10][11] - A $1,000 investment in Target would yield approximately $48 in annual dividend income, significantly more than the expected $13 from an S&P 500 index fund [13] Group 4: Strategic Outlook - Management is focusing on turning the business around by improving efficiency and revamping the product lineup, while also needing to manage costs and align inventory with consumer behavior [7] - Target's strengths, such as the Target Circle loyalty program and exclusive partnerships, could help in its turnaround strategy, despite challenges in competing on price with larger retailers [12]

Core Insights - Visa's CFO, Chris Suh, discussed the current spending environment, highlighting consumer sentiment and economic indicators [3][4]. Group 1: Economic Indicators - Employment numbers are reported to be strong, with stable wage growth contributing to a resilient consumer base [4]. - Inflation has moderated, which has positively impacted consumer spending behavior [4]. Group 2: Spending Trends - There is an observed uncertainty in consumer sentiment, which is reflected in the overall spending trends both domestically and in cross-border transactions [3]. - Despite the noise in the economic environment, Visa relies on factual data to assess the situation [3].

Summary of Community Health Systems (CYH) Conference Call Industry Overview - The discussion primarily revolves around the healthcare industry, specifically focusing on Community Health Systems (CYH) and its operational and financial outlook amidst changing policies and market dynamics. Key Points and Arguments Policy Changes and DPP Programs - Recent legislative changes are expected to have a neutral to slightly positive impact on DPP (Delivery System Reform Incentive Payment) programs, with no significant pullback anticipated [4][5][9] - The company expects existing DPP programs to continue operating as they are, with potential new programs being introduced in the future [4][5] - Work requirements may lead to increased employment coverage, positively affecting staffing [6] Operational Performance - Q1 was impacted by flu season and a decline in elective surgeries, particularly among commercially insured patients, attributed to economic decisions [10][11] - Inpatient volumes remained strong, but elective surgeries saw a decline, particularly among patients with high copays and deductibles [10][11][12] - Consumer sentiment has not improved significantly, which may lead to a pullback in procedures early in the year, but a rush for care is expected as patients meet their deductibles later [12][13] Labor and Cost Management - Average hourly wages increased by approximately 3.5% in Q1, but overall salaries and wages as a percentage of net revenue did not increase due to productivity gains [17][18] - The company has implemented efficiency initiatives through a new ERP system, improving scheduling and labor management, which has positively impacted nurse retention rates [19][20][21] - Turnover rates for nurses are in the high teens, showing improvement compared to previous years [21] Professional Fees and Supply Costs - Professional fees, particularly for anesthesia and radiology, are expected to increase by 8-12% for the year, with Q1 seeing a 9% increase [26][27] - The company has not experienced tariff-related cost increases and has protections in place through GPO contracts [31][32] - The ERP system enhances visibility and efficiency in purchasing, allowing for better management of supply costs [33] Development and Capital Allocation - The company is expanding its footprint through acquisitions, including 10 urgent care centers in Tucson and plans for additional ASCs (Ambulatory Surgery Centers) [35][36] - Approximately half of the capital will be allocated to growth initiatives, focusing on outpatient services rather than large inpatient projects [36][37] Capital Structure and Leverage - The company exited the year with a leverage ratio of 7.4 times, which improved to 7.1 times after refinancing $700 million in bonds [44][45] - Future divestitures and DPP program approvals are expected to further reduce leverage, potentially reaching the mid-six times by year-end [45][46] Market Dynamics and Future Outlook - The company is in the later stages of its private divestiture program, evaluating market dynamics for potential future sales or acquisitions [50][51] - The focus is on optimizing operations and investments based on changing market conditions and future performance potential [52] Additional Important Insights - The company has seen improvements in nurse recruitment efforts, leveraging its geographic footprint in favorable states for attracting talent [23][24] - There is ongoing exploration of technology solutions in radiology to mitigate cost increases [28] - The approval process for DPP programs in Tennessee is expected to progress positively following recent administrative changes [47][48]