- Levi Strauss is set to report its earnings on Wednesday evening, which will provide insights into consumer spending amid inflationary pressures.
- PepsiCo will release its earnings on Thursday morning, offering a glimpse into inflationary trends in the food industry.
- Delta Air Lines is expected to report before the bell on Friday, which may reveal consumer spending habits related to travel costs.
- The National Association of Realtors will release June existing home sales data on Thursday, which is anticipated to show signs of improvement in the sluggish U.S. housing market.
- The final two trading days of last week saw a sell-off in the semiconductor industry, which may impact market sentiment going into earnings season.
Levi Strauss, PepsiCo, and Delta Air Lines will lead the Q2 earnings season next week, with reports expected to shed light on consumer behavior amid rising inflation.123
Levi's report on Wednesday will focus on how shoppers are managing discretionary spending in light of recent inflation and higher oil prices.
Analysts are particularly interested in PepsiCo's insights regarding inflationary pressures in the food industry, especially in the context of growing GLP-1 drug adoption.
Delta Air Lines, reporting on Friday, is anticipated to provide valuable information on consumer travel spending and the impact of falling crude prices on jet fuel costs.
Additionally, the National Association of Realtors will release existing home sales data on Thursday, which could indicate any signs of recovery in the sluggish U.S. housing market.4
This earnings season comes on the heels of a weaker-than-expected June jobs report, making the upcoming data even more critical for understanding economic trends.
“Levi Strauss reports Wednesday evening after the close, PepsiCo on Thursday morning, and Delta Air Lines before the bell Friday, each offering insight into consumer health. Separately, the National Association of Realtors releases June existing home sales on Thursday, providing a read on the sluggish housing market.”
Hargreaves Lansdown
CNBC
