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Earnings Insights 2Q23, Week 3: Alibaba Reports Double-Digit Growth; Capri Holdings, Hanesbrands, Qurate Retail and Under Armour See Sales Decline

Our weekly Earnings Insights reports present insights on the performance of major retailers within our Coresight 100 coverage list, featuring management commentary on second-quarter 2023 earnings. This week, we offer highlights from companies that reported in the week ended August 13, 2023, which include Alibaba, Capri Holdings, Hanesbrands and Weis Markets.

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US Retail and Consumer Outlook, August 2023

We present our outlook for US retail and the consumer economy. We consider why the consumer economy resembles a game of chutes and ladders, whether real declines in retail sales will continue and whether US retail is overinflated.

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