Retail Earnings Next Week to Gauge Shopper Resilience Despite Inflation

Many major retailers will release earnings reports next week including Macy's and Best Buy
Wall Street watching consumer strength as an indicator of economic conditions amid inflation and Fed uncertainty
BMO analyst says despite inflation and economic fears, retail revenues show consumers are still spending
Upcoming retail earnings from TJX and Birkenstock will show consumer spending at both value and higher price points
Though perception is that inflation is reducing discretionary purchases, retail revenues not showing significant consumer pullback