Ross Stores reported better-than-expected first-quarter results but warned that higher prices continue to impact its customers’ discretionary spending.
Walmart reported first-quarter earnings and revenue that topped expectations and boosted its full-year outlook as grocery sales and online growth helped offset a slowdown in discretionary spending.
Target Corp.’s first-quarter earnings and sales were better than expected even as consumers focused on necessities over discretionary items and shopped more in-store than online.
