Retail Results Lift Consumer Discretionary Earnings To 10.7%
March 04, 2015 at 13:27 PM EST
In the last 2 ½ weeks as the retailers have wrapped up the Q4 earnings season, better-than-expected results have pushed consumer discretionary earnings growth up to 10.7% from the previous 9.7%. Revenues, which companies are having a harder time beating, have stayed roughly the same at 3.7% growth.