- (0:45) - Big Box Retailers
- (2:50) - Target Q2 Earnings Report
- (6:00) - Walmart Q2 Earnings Report
- (15:15) - Major Indices Down: Trump's Advisor Council Disbands
- (20:40) - Are Investors Losing Confidence In The Trump Administration?
- (23:30) - Episode Roundup: Podcast@Zacks.com
On today’s episode of the Zacks Friday Finish Line, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week’s biggest stories, including earnings results from big-box retailers Target (TGT - Free Report) and Walmart (WMT - Free Report) , as well as the latest political turmoil involving the Trump administration.
Make sure to subscribe and leave the show a rating on iTunes!
Despite a tough retail environment, both Target and Walmart posted solid earnings results this quarter. Target was able to post surprising comparable-store sales growth thanks to its store remodeling program, while Walmart watched its digital sales skyrocket 60% year-over-year.
Maddy and Ryan discussed these reports and highlighted how they reflect each company’s ongoing war with Amazon.com (AMZN - Free Report) . Find out exactly what Target and Walmart are doing to catch up to the e-commerce king, only on this week’s episode of the Finish Line.
Also on this week’s show, the hosts chat about President Donald Trump’s controversial comments on last weekend’s tragic events in Charlottesville.
As Trump doubled down on his argument that “many sides” were to blame for the violence at the white nationalist rally, several notable CEOs resigned from his American Manufacturing Council and Strategy & Policy Forum, eventually leading to the disbandment of these councils this week.
Subsequently, the markets experienced some rare volatility in the latter half of the week, leading Maddy and Ryan to question whether investors are losing confidence in the Trump administration.
As a reminder, if you feel that we missed something, or if you want us to cover a different story, shoot us an email at firstname.lastname@example.org. Make sure to check out all of our other audio content at zacks.com/podcast, and remember to subscribe and leave us a rating on iTunes.
As always, thanks for listening to this episode of the Zacks Friday Finish Line, and check back for even more news from the investment and financial world!
Want more stock market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!
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