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Thread: May retail sales - biggest monthly jump ever

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    Default May retail sales - biggest monthly jump ever

    May retail sales surge 17.7% in the biggest monthly jump ever

    Retail sales rose 17.7% in May from the previous month, well above the 8% forecast.

    Total sales and sales excluding autos set records.
    https://www.cnbc.com/2020/06/16/us-r...-may-2020.html
    Tom
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    I am not a Registered Investment Advisor. Do your own due diligence.


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    Default Re: May retail sales - biggest monthly jump ever

    Dick's Sporting Goods

    “We had an exceptionally strong Q2 in which we delivered our highest ever quarterly sales & earnings.”
    My local Dick's was pretty much shut down the entire time but they did allow online orders and curbside pickup. I did order one thing from there during the forced shutdown and would have ordered more if it was in stock locally.

    Check out that volume. Looks like a pop for now, but how much more home fitness stuff will people need to buy if gyms open? Hard to say, but with winter upon us, people may keep buying more since they can't do the workout thing outside so much in winter.

    dks.JPG

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