Several of the largest consumer-facing companies report results for
the first quarter -- the three months immediately following the critical
holiday season that sets the stage for the rest of the year. Walmart
Inc., Home Depot Inc. and Macy’s Inc. are three of the major chains
scheduled to update shareholders on the state of their operations.
Their performance will give fresh perspectives into the health of
brick-and-mortar retail and the strength of buyer sentiment in the U.S.
So far this year, the consumer climate has been pretty strong. Although
Americans aren’t running out to the mall in droves with their tax-refund
dollars, they say they’re in the mood to ramp up spending. . . . more