Dana Telsey discusses this week's notable retailer earnings and explains why certain brands are performing better than others in the face of tariff uncertainty. She says the "trade down" effect is visible in consumer activity as they try to avoid higher prices later this summer. Dana recaps her firm's price target and rating changes for TJX Companies (TJX), Ross Stores (ROST) and Deckers (DECK). On the horizon ahead, she details what she's looking to hear from Best Buy (BBY) ahead of its earnings report next Thursday.
Market On Close
23 May 2025
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