This Week in Commerce: Coty, Allbirds earnings; inflation rate

Legs with Allbirds shoes on the feet
(Photo courtesy of Allbirds)

Welcome to a new week. Following a week that saw the financial spotlight shift to the banking crisis and the Federal Reserve, the latest data on inflation will put the focus back on consumer goods and spending this week. On the earnings calendar, a host of CPG and digitally native brands alike are set to report results for the latest quarter, offering a snapshot of consumer health and execution strategies that are working now.


Accelerate23: The Global Ecommerce Acceleration Summit from Pattern features speakers including Honest Company Founder Jessica Alba, Olympic Champion Michael Phelps, TikTok US Ecommerce head Sandie Hawkins and Supergoop CEO Amanda Baldwin. (May 10-11, Salt Lake City)

Economic indicators

Consumer Price Index: The U.S. Bureau of Labor Statistics provides data on inflation across a broad swath of the economy for April 2023. In March, inflation eased to 5% as the Federal Reserve's interest rate hikes took hold across the economy. (Wednesday, May 10, 8:30 a.m.)

Producer Price Index: The U.S. Bureau of Labor Statistics provides data on prices paid to manufacturers for goods before they reach retail. Known as the wholesale inflation index, the PPI is seen as a forward-looking measure of inflation. (Thursday, May 11, 8:30 a.m.)

Consumer Sentiment: The University of Michigan offers a preliminary reading on consumer buying conditions and inflation expectations for May 2023. Though this metric remains above last year's doldrums, it was basically unchanged in April. (Friday, May 12, 10 a.m.)


Monday, May 8: PayPal, Uber

Tuesday, May 9: Allbirds, Coty, Honest Company, Hostess, Under Armour, Warby Parker

Wednesday, May 10: Wolverine WorldWide

Thursday, May 11: Tapestry, Utz, Yeti

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Trending in Economy


US imports expected to fall 22% in first half of 2023: NRF

Labor disputes on the West Coast could cause further disruption heading into peak season.

aerial view of boat on water
Photo by Venti Views on Unsplash

When the first half of 2023 is complete, imports are expected to dip 22% below last year.

That’s according to new data from the Global Port Tracker, which is compiled monthly by the National Retail Federation and Hackett Associates.

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