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Forecasts on the effect of Hurricane Sandy on retail sales still vary greatly, although the...

Forecasts on the effect of Hurricane Sandy on retail sales still vary greatly, although the general consensus is that a short-term boost of emergency items will lift sales for select companies while the prolonged cleanup could dampen overall holiday sales. Analysts see the list of losers much longer than the list of winners as home repairs take up a great deal of discretionary spending. In a nutshell: Every retailer has a different Sandy-related thesis, with product and geographic mix essential to estimating Q4 numbers.
Comments (2)
  • Hard to envision damage being a positive, but no doubt a few select equities might benefit from damage recovery spending.
    30 Oct 2012, 01:51 PM Reply Like
  • Like the rebound spending after Hurricane Katrina, which was in the billions of dollars.

     

    Might be a good idea to short insurance companies, though.

     

    Except that flooding isn't covered by anyone.
    30 Oct 2012, 08:49 PM Reply Like
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