EC The Retail Sector's Strong Earnings Performance

The chart below presents the big-picture view on an annual basis. As you can see below, 2020 earnings and revenues are expected to be down -17% and -4.1%, respectively.

The above annual growth picture approximates to an index ‘EPS’ of $132.54 for 2020, down from $159.69 in 2019 and $161.29 in 2021.

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William K. 1 month ago Member's comment

An interesting article, telling us the details of what should be obvious: There is a plague going around and people are dying! This is going to have an overall negative effect, relative to the times prior to this plague.

As for the organizations that are still doing well, there was clearly a need to alter the mode of sales already clear to some of them. My experience has been with Home Depot, which already was well into the on-line buying scene. So for them it was just a case of needing to expand an existing mode. The only new feature was adding delivery to buyers sitting in the designated parking spots.

The ones able to make the switch rapidly have prospered. The much smaller businesses have suffered, with many closing. That accounts for part of the rise of the giants.

So certainly there are changes happening, and only half of all changes are for the better.