XLP

XLP, WMT, KO, PM: Large Outflows Detected at ETF

RSPS: Consumer Staples Dashboard For April

Invesco S&P 500® Equal Weight Consumer Staples ETF is an equal-weight alternative to XLP. The household products industry looks attractive from a valuation point of view. The personal care products industry is slightly overvalued. This monthly article series shows aggregate industry metrics in consumer staples.

Consumer Sector Update for 04/17/2024: CPRI, TPR, SIX, MDLZ, XLP, XLY

Consumers Binge Despite Higher Interest Rates, And The Fed Watches Them Nervously

Retail sales in March increased by 0.7% seasonally adjusted, with a year-over-year jump of 4.0%. Total retail sales jumped 10.1% in March from February to $712 billion. Ecommerce, food services, and general merchandise retailers were the biggest drivers of growth.

Consumer Sector Update for 04/16/2024: FLUT, SKIL, IP, XLP, XLY

U.S. Retail Sales Rack Up Solid March Numbers

U.S. Retail sales smashed expectations in March, with total sales up 0.7% and ex-autos up 1.1%. Non-store retailers and bars and restaurants saw the biggest year/year increase. Five out of the 10 consumer-related industries have turned positive. The latest retail sales data reflects strong consumer buying.

U.S. Household Spending Holds Firm

Retail sales beat all expectations. US retail sales rose a very robust 0.7% month-on-month in March versus 0.4% expected. With jobs, inflation, and activity all beating expectations, the Federal Reserve is in no position to cut interest rates. We expect spending and inflation to slow, but the Fed won't be contemplating rate cuts.

Philip Morris: FX A Transitory Risk, Solid Earnings Support The Big Yield

Philip Morris International (PM) reported an EPS miss in January, but analysts expect solid growth this year and next. The rise of the US Dollar Index could pose challenges for multinational companies. Philip Morris International is one of the largest international cigarette producers. PM's valuation appears favorable, with a high dividend yield and undervalued share price. The company's Q1 results are due out next week.