Q3 2024 U.S. Retail Preview: Apparel Retail Sales Picked Up

Summary

• The LSEG U.S. Retail and Restaurant Q3 earnings index is expected to show a 2.1% growth over last year’s levels.
• The broadline retail sector is headed for the highest earnings growth rate in the third quarter, recording a 19.4% surge over last year’s level.
• The second-strongest sector is household products, with a 6.5% growth estimate.
• Consumer Confidence remained volatile in the third quarter.

Tara Moore

By Jharonne Martis

The LSEG U.S. Retail and Restaurant Q3 earnings index, which tracks changes in the growth rate of earnings within the sector, is expected to show a 2.1% growth over last year’s levels. Our metrics show that seven of 10