What drove Consumer Discretionary this quarter
S&P 500 · Consumer Discretionary sector · updated July 13, 2026 · rolling 90-day window
The Consumer Discretionary sector exhibited a mixed performance in the latest quarter, driven by varying demand trends and macroeconomic pressures. A dominant theme was the resilience of certain companies amidst challenging consumer sentiment and inflationary pressures. For instance, Darden Restaurants reported a robust 13.7% increase in sales, benefiting from strategic expansions and a diverse brand portfolio, while Carnival Corporation's record revenues highlighted strong demand in the cruise sector, despite geopolitical challenges. Conversely, NIKE faced headwinds with a 1% revenue decline, reflecting cautious consumer spending in sportswear, and lululemon's struggles in North America led to lowered guidance, indicating significant challenges in the athleisure market. Another key theme was the strategic focus on operational efficiency and innovation, as seen with Starbucks and Ulta Beauty, both of which reported strong growth driven by customer engagement initiatives and product innovation. In contrast, companies like The Home Depot and Chipotle experienced more subdued results, with The Home Depot's revenue growth hampered by macroeconomic uncertainties and Chipotle missing expectations despite a strategic focus on digital enhancements. Overall, while 80% of companies beat expectations, the divergence in performance underscores the varied landscape within the sector, with some companies thriving through strategic initiatives while others grapple with external pressures.
Consumer Discretionary companies this quarter
The individual earnings calls behind this synthesis. Each links to the company's full transcript archive — free to read.
In the fourth quarter of fiscal 2026, NIKE, Inc. reported a revenue decline of 1% year-over-year, with earnings per share (EPS) of $0.72, which was in line with expectations. The company highlighted challenges in the macro environment affec…
Darden Restaurants, Inc. reported a strong fourth quarter for fiscal year 2026, with total sales reaching $3.7 billion, a 13.7% increase year-over-year. Adjusted diluted EPS rose 22.8% to $3.66, benefiting from an extra fiscal week. Managem…
In Q2 2026, Carnival Corporation reported record revenues and net income, driven by strong demand and cost management, despite geopolitical challenges. Revenue reached $5.2 billion, and net income was $569 million, exceeding guidance by $10…
In the Q2 2026 earnings call, Lowe's Companies, Inc. (LOW:US) reported a revenue of $23.5 billion, slightly below the consensus estimate of $24.0 billion, reflecting a 2% year-over-year decline. Earnings per share (EPS) came in at $1.85, be…
In the Q1 2026 earnings call for Yum! Brands, Inc., management highlighted a strong performance driven by KFC's strategic initiatives, particularly in the U.K. where same-store sales increased by 7%. The company reported revenue of $3.2 bil…
In the second quarter of fiscal year 2026, Lennar Corporation (LEN:US) reported revenue of $7.3 billion and earnings per share (EPS) of $1.31, excluding mark-to-market items. The company delivered 20,519 homes and generated 21,749 new order…
In the 2026 Annual Meeting of Shareholders held on June 11, Hasbro, Inc. reported a strong performance, with management highlighting a return to growth and record profitability in 2025. The company emphasized its strategic focus on franchis…
In the second quarter of 2026, Aptiv PLC reported revenues of $3.2 billion, reflecting a 6% increase year-over-year, and earnings per share (EPS) of $0.75, which was in line with expectations. Management maintained its guidance for the full…
In the fiscal second quarter of 2026, Starbucks Corporation (SBUX:US) reported a notable turnaround with U.S. transactions growing across all income cohorts, leading to a 7% increase in comparable store sales. Revenue reached $9.5 billion,
In the 2026 Annual General Meeting held on June 5, Garmin Ltd. reported a record revenue of $7.25 billion for 2025, reflecting a 15% increase year-over-year, with operating income rising 18% to $1.88 billion. The company signaled strong dou…
In the first quarter of fiscal year 2026, lululemon athletica inc. reported total net revenue of $2.5 billion, reflecting a 4% increase year-over-year, but comparable sales decreased by 2%. The company faced challenges in North America, wit…
In the fiscal quarter ending June 4, 2026, Ulta Beauty, Inc. reported strong financial performance, with revenue growth of 6% to 7% year-over-year, driven by effective execution and strategic investments. The company achieved an EPS of $2.1…
In the Q2 2026 earnings call, Ford Motor Company reported a revenue of $40 billion, which was in line with expectations, and an earnings per share (EPS) of $1.20, beating estimates by $0.05. Management provided a cautious outlook for the se…
In the first quarter of fiscal 2026, Ulta Beauty, Inc. reported net sales of $3.2 billion, reflecting an 11.1% increase year-over-year, and diluted EPS of $7.74, up 15.5%. The company maintained its full-year sales growth guidance of 6% to
In the Q2 2026 earnings call for Expedia Group, Inc. (EXPE:US), management reported a revenue of $2.5 billion, which was above the consensus estimate of $2.4 billion, reflecting a year-over-year growth of 12%. Earnings per share (EPS) came
In the Q2 2026 earnings call, eBay Inc. reported a strong performance, raising its guidance for both GMV and operating income for the fiscal year. Revenue for the quarter was $3.1 billion, with an operating income growth forecast of 9% to 1…
In the Q2 2026 earnings call, Tractor Supply Company (TSCO:US) reported a challenging operating environment, with management acknowledging that their performance has not met expectations due to softness in key markets. Revenue for the quart…
In the Q2 2026 earnings call, Marriott International reported a revenue growth of 1% year-over-year in April, with U.S. and Canada RevPAR up over 4%, while international RevPAR faced a decline of 6%, primarily due to challenges in the Middl…
In the Q1 2026 earnings call for Chipotle Mexican Grill, Inc. (CMG), management reported a revenue of $2.1 billion, which was in line with expectations but reflected a 5% year-over-year decline. Earnings per share (EPS) came in at $6.50, sl…
In the fiscal quarter ending May 2026, Starbucks Corporation (SBUX:US) reported a significant turnaround, with revenue reaching $9.8 billion, marking a 10% increase year-over-year, and earnings per share (EPS) of $1.25, exceeding expectatio…
In the first quarter of fiscal 2027, Best Buy reported revenue of $8.9 billion, exceeding expectations and reflecting a 1.9% year-over-year increase. Adjusted diluted earnings per share rose 11% to $1.28, driven by a 2% growth in comparable…
In the first quarter of fiscal year 2026, Las Vegas Sands Corp. (LVS) reported strong performance driven primarily by its operations in Singapore, which has become a key growth market. The company generated revenue of $3.2 billion, exceedin…
In AutoZone's Q3 FY 2026 earnings call, the company reported total sales of $4.8 billion, reflecting an 8.4% year-over-year increase, the largest growth in over three years. Earnings per share (EPS) rose 7.7% to $38.07, despite a $20 millio…
Deckers Outdoor Corporation (DECK:US) reported a strong fourth quarter for fiscal year 2026, with revenue reaching $1.12 billion, a 10% increase year-over-year. The company achieved record annual revenue of $5.47 billion, also up 10%, and r…
In the first quarter of fiscal 2026, Ross Stores, Inc. reported a significant revenue increase of 21% year-over-year, reaching $6.0 billion, and a remarkable 37% growth in earnings per share (EPS), which rose to $2.02 from $1.47. The strong…
In the first quarter of fiscal 2026, Williams-Sonoma, Inc. (WSM) reported net revenues of $1.81 billion, reflecting a 4.8% year-over-year increase in comparable sales. Earnings per share rose to $1.93, up from $1.85 in the prior year, excee…
In the fourth quarter of fiscal year 2026, Ralph Lauren Corporation reported revenues exceeding $8 billion for the first time, driven by strong performance across all channels and regions. The company achieved a revenue growth of 12% year-o…
In the Q1 2026 earnings call, Booking Holdings Inc. reported a revenue of $4.5 billion, which was in line with expectations, and an adjusted EPS of $12.50, beating estimates by $0.50. Management maintained its long-term growth guidance of 8…
In the first quarter of fiscal 2027, The TJX Companies reported strong financial results, with consolidated sales reaching $15.1 billion, up 5% year-over-year, and diluted earnings per share of $1.19, a 29% increase. Management raised their…
In the first quarter of fiscal 2026, Lowe's Companies, Inc. reported sales of $23.1 billion, reflecting a 10.3% increase year-over-year, with comparable sales rising 0.6%. Adjusted diluted earnings per share reached $3.03, up 3.8% from the
In Q1 2026, Hasbro, Inc. reported a revenue increase of 13% year-over-year, reaching $1 billion, driven primarily by the strong performance of Wizards of the Coast. Adjusted earnings per diluted share rose 41% to $1.47, reflecting effective…
In the Q1 2026 earnings call for Expedia Group, Inc. (EXPE:US), management highlighted a strong recovery in travel demand, with revenue reaching $3.2 billion, up 15% year-over-year, and earnings per share (EPS) of $1.05, exceeding expectati…
In the first quarter of fiscal 2026, The Home Depot reported revenues of $41.8 billion, reflecting a 4.8% year-over-year increase, while adjusted diluted earnings per share decreased to $3.43 from $3.56. The company reaffirmed its guidance
In the first quarter of 2026, Airbnb, Inc. (ABNB:US) reported revenue of $2.7 billion, reflecting an 18% year-over-year increase and exceeding guidance by 2 percentage points. Adjusted EBITDA rose 24% year-over-year to $519 million. Managem…
In the first quarter of fiscal year 2026, Wynn Resorts reported strong performance with total revenue of $1.86 billion, a 7% increase year-over-year, and adjusted EBITDA of $235 million, reflecting a 5% growth. The company maintained its gu…
Expedia Group, Inc. (EXPE:US) reported strong Q1 2026 results, with revenue of $3.4 billion, up 15% year-over-year, and adjusted EPS of $1.96, reflecting robust earnings growth. The company exceeded both top and bottom line expectations, dr…
In the first quarter of fiscal year 2026, McDonald's Corporation (MCD:US) reported a solid performance with global system-wide sales growing 6% in constant currency and global comparable sales increasing by 3.8%. The company generated adjus…
In Q3 FY 2026, Tapestry, Inc. reported a significant revenue increase of 23% year-over-year, reaching $7.95 billion, driven by strong performance across its brands, particularly Coach, which grew 29%. Earnings per share surged 62% to $1.66,…
In Q1 2026, DoorDash, Inc. reported revenues of $2.1 billion, which was above the consensus estimate of $2.0 billion, reflecting a year-over-year growth of 15%. The company also achieved an adjusted EBITDA of $200 million, slightly ahead of…
In Q1 2026, Marriott International reported strong financial performance, with global RevPAR increasing by 4.2%, surpassing expectations. Total gross fee revenues rose 12% year-over-year to $1.43 billion, while adjusted diluted EPS grew 17%…
In the first quarter of fiscal year 2026, Aptiv PLC reported revenues of $5.1 billion, reflecting a 1% year-over-year increase, and earnings per share (EPS) of $1.71, up $0.02 from the previous year. The company maintained its full-year gui…
In the first quarter of fiscal year 2026, Booking Holdings Inc. (BKNG:US) reported strong performance despite geopolitical challenges, with revenue of $4.5 billion, marking an increase from the previous year. The company experienced a 2% he…
In the first quarter of 2026, Norwegian Cruise Line Holdings Ltd. (NCLH) reported revenues that were in line with expectations, but management signaled significant challenges ahead, particularly in the European market due to geopolitical te…
In the first quarter of 2026, O'Reilly Automotive, Inc. (ORLY) reported a revenue increase of 10.2% year-over-year, driven by an 8.1% rise in comparable store sales, exceeding management's expectations. The company achieved a diluted earnin…
In the first quarter of 2026, Royal Caribbean Cruises Ltd. reported revenue growth of 11% year-over-year, with adjusted earnings per share (EPS) of $3.60, exceeding guidance by $0.37. The company returned $1.1 billion in capital through div…
In Q1 2026, eBay Inc. reported strong financial results, with revenue exceeding $3 billion, up 17% year-over-year, and non-GAAP earnings per share of $1.66, reflecting a 21% increase. The company's gross merchandise volume (GMV) rose 14% to…
In Q1 2026, Carvana Co. reported a record revenue of $6.432 billion, a 52% increase year-over-year, alongside a net income of $405 million. The company achieved record sales of 187,000 vehicles, marking a 40% growth, and maintained its stat…
In Q1 2026, Amazon.com, Inc. (AMZN) reported revenue of $181.5 billion, a 17% increase year-over-year, and operating income of $23.9 billion, marking a significant operating margin of 13.1%. The results were driven by a strong performance i…
In the first quarter of 2026, MGM Resorts International reported a net revenue of $3.1 billion, reflecting a 4% year-over-year growth, driven by a resurgence in Las Vegas and solid performance in digital segments. The company achieved an ad…
In the first quarter of 2026, Ford Motor Company reported revenue of $43.3 billion and adjusted EBIT of $3.5 billion, significantly exceeding expectations. The company raised its full-year adjusted EBIT guidance to a range of $8.5 billion t…
In the first quarter of fiscal 2026, Chipotle Mexican Grill reported revenue of $3.1 billion, reflecting a 7.4% increase year-over-year, driven by positive comparable sales and transaction growth. Adjusted diluted earnings per share were $0…
In the first quarter of 2026, Garmin Ltd. reported a record revenue of $1.75 billion, marking a 14% increase year-over-year, driven by strong performance across multiple segments, particularly fitness, which saw a 42% revenue growth. Operat…
Yum! Brands, Inc. reported strong first-quarter results for 2026, with system sales growth of 6% and a notable increase in digital sales, which approached $11 billion. The company achieved earnings growth driven by Taco Bell's robust perfor…
In the first quarter of 2026, Booking Holdings Inc. reported revenue of $5.5 billion, reflecting a 16% year-over-year growth, and adjusted EPS of $1.14, up 14%. Despite geopolitical tensions in the Middle East impacting travel demand, gross…
In the second quarter of fiscal year 2026, Starbucks Corporation reported consolidated revenue of $9.5 billion, reflecting an 8% year-over-year increase. Earnings per share (EPS) reached $0.50, up 22% from the prior year, marking the first
In the first quarter of fiscal 2026, Hilton Worldwide Holdings Inc. (HLT) reported strong results, with revenue and earnings exceeding the high end of management's guidance. System-wide RevPAR increased by 3.6% year-over-year, and adjusted
In the first quarter of 2026, General Motors (GM) reported revenue of approximately $36.5 billion and EBIT adjusted of $4.3 billion, exceeding expectations. The company raised its full-year EBIT adjusted guidance to $13.5 billion to $15.5 b…
In Q1 2026, Domino's Pizza (DPZ:US) reported revenue of $1.1 billion and earnings per share (EPS) of $2.05, both of which fell short of expectations due to a challenging macro environment and increased competition. Same-store sales growth w…
In Q1 2026, PulteGroup, Inc. reported home sale revenues of $3.3 billion and earnings per share (EPS) of $1.79, reflecting a decrease from the previous year due to lower closings and average sales prices. The company maintained its full-yea…
In Q1 2026, Tesla reported revenue of $25.5 billion, exceeding analyst expectations of $24.2 billion, representing a 15% year-over-year increase. Earnings per share (EPS) came in at $1.85, beating estimates by $0.10. Management indicated a
In the first quarter of 2026, Las Vegas Sands Corp. (LVS) reported strong financial performance, with total revenue reaching $2.5 billion and EBITDA of $1.42 billion, reflecting a year-over-year increase of 25%. The company highlighted a si…
In the first quarter of fiscal year 2026, Tractor Supply Company (TSCO) reported net sales of $3.59 billion, reflecting a 3.6% increase year-over-year, driven primarily by new store openings. Diluted earnings per share (EPS) were $0.31, sli…
In the second quarter of fiscal 2026, D.R. Horton, Inc. reported revenues of $7.6 billion and earnings per share (EPS) of $2.24, reflecting a year-over-year decline in EPS from $2.58. The company experienced an 11% increase in net sales ord…
In the first quarter of 2026, Genuine Parts Company (GPC) reported total sales of $6.3 billion, reflecting a 7% year-over-year increase, with adjusted EPS of $1.77 slightly above prior year figures. Management reaffirmed full-year guidance