This week, Zacks Chief Equity Strategist and Economist John Blank, PhD discusses:

• Earnings trends in the Consumer Discretionary industries. After multiple sessions looking at Consumer Staples, John now turns to the fun stuff—from furniture and appliances to hotels and gaming, streaming and other media to hand tools, toys, games and more.

• This presentation begins with a look at spending fundamentals over the last 10 years—particularly the shift from discretionary goods during the pandemic to services afterwards. John analyzes macro data including consumer confidence, credit, personal consumption expenditures and other key data. He then turns to Consumer Discretionary industry and sub industry metrics. As always, he clearly defines what each metric means for investors.

• John examines revenue growth and earnings trends for the various sub-industries, going through various measures such as EBITDA F12M, EPS F12M, Cash Flow, Reinvestment Rate and others. He also breaks down key balance sheet ratio trends including Return on Tangible Equity, Return on Invested Capital, Asset Turnover, and more. Don’t miss this essential analysis of the industries that produce the items we love most!