Back in March, the consensus mkt narrative was that business spending (advertising and corporate travel) was weakening first, while consumers were holding firm.
But on earnings, we’re actually seeing B2Bs (esp the B2B Mag 7s) outperform, while consumer names are struggling…
— Mr. VIX (@yieldsearcher) May 1, 2025
Couples are cutting wedding budgets and delaying the event altogether due to the economy, per Bloomberg.
— unusual_whales (@unusual_whales) May 1, 2025
In a recession, people prefer to eat at Microsofthttps://t.co/Cu6K48aiUE
— Marko Kolanovic (@markoinny) May 1, 2025
JUST IN: McDonald's reports biggest drop in US sales since mid-2020
— The Spectator Index (@spectatorindex) May 1, 2025
CNBC
McDonald’s reports largest US same store growth since 2020
— QE Infinity (@StealthQE4) May 1, 2025
It’s like the economy hit a wall in Q1 pic.twitter.com/XIaKE68gXv
— QE Infinity (@StealthQE4) May 1, 2025
Chipotle had same store sales fall. Starbucks is currently in recovery mode. McDonald’s just had a huge same store sales decline. Hersheys just posted awful earnings.
Feeling a little pressure with my Texas Roadhouse. 😅
— Joseph Carlson (@joecarlsonshow) May 1, 2025