Retail Channels

This Week in Commerce: Amazon and CPG earnings, Q1 GDP, ChargeX

Here's the calendar for April 24-28.

amazon

Welcome to a new week. The coming days will offer a lot to learn about how the consumer economy is faring so far in 2023. The industry gathers in D.C. for ChargeX. Meanwhile, Amazon and many of the largest CPGs will release earnings for the first quarter, while the U.S. government files its initial look at GDP.

Here’s the calendar:

Events

ChargeX: The global ecommerce conference presented by Recharge brings together merchants, partners and experts for discussions about the challenges facing the industry and networking. Keynote speakers include Jonathan Van Ness (Queer Eye), and storyteller Matthew Luhn (Pixar). (April 26-28, Washington D.C.)

Economic Indicators

Consumer Confidence Index: The Conference Board releases data on consumer sentiment and expectations for April 2023. (Tues., April 25, at 10 a.m.)

Durable Goods Orders: The US Commerce Department releases data for March 2023 on factory orders for goods designed to last three years or more. (Wed., April 26, at 10 a.m.)

GDP: The U.S. Bureau of Economic Analysis releases its first estimate of gross domestic product for the first quarter of 2023. This is the primary measure of U.S. economic activity, including consumer spending and inflation. (Thurs., April 27, at 8:30 a.m.)

Personal Consumption Expenditures: The U.S. Bureau of Economic Analysis releases data on consumer spending, income, savings and inflation for March 2023. This is the measure of inflation preferred by the Federal Reserve as it considers interest rate hikes. (Fri., April 28, 8:30 a.m.)

Consumer Sentiment: The University of Michigan releases its final measure of consumer buying conditions and inflation expectations for April 2023. (Fri., April 28, 10:30 a.m.)

Earnings

Monday, April 24: Coca-Cola

Tuesday, April 25: Nestle, PepsiCo, UPS, 3M, Alphabet, McDonald’s, Microsoft, Kimberly-Clark

Wednesday, April 26: eBay, Meta, Helen of Troy, Pitney Bowes

Thursday, April 27: Amazon, Unilever, Mondelez, Hershey, Church & Dwight, Crocs, Keurig Dr. Pepper, Columbia Sportswear, Hasbro, Pinterest, Snap, Overstock, Skechers

Friday, April 28: Colgate Palmolive, Newell Brands

Subscribe to The Current Newsletter
Subscribe

Trending in Retail Channels

Marketing

'There's a lot of ways to frame value'

Campbell Soup Company CEO Mark Clouse offered thoughts on messaging amid inflationary shifts in consumer behavior.

campbell soup cans on the shelf
Photo by Kelly Common on Unsplash

After months of elevated inflation and interest rate hikes that have the potential to cool demand, consumers are showing more signs of shifting behavior.

It’s showing up in retail sales data, but there’s also evidence in the observations of the brands responsible for grocery store staples.

Keep reading...Show less

Latest from Retail Channels