Sr. Correspondent, Broker Research, Bangalore, India
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Jan 10, 2015

Cheap gas, holiday sales could fuel retailer shares

NEW YORK (Reuters) – Investors hope the lower gasoline cost is putting more money in consumers’ wallets for spending on apparel and other retail goods. The next two weeks will indicate whether that’s happening.

The coming weeks, as the fourth-quarter earnings season gets underway, are among the more active periods of the year for retailers to issue earnings preannouncements. The fourth quarter includes the crucial holiday shopping season.

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    • About Saqib

      "Saqib Ahmed is an options correspondent working with the Markets team in New York. He previously led the Reuters Broker Research team in Bangalore. He joined Reuters in 2009 after graduating from the Asian College of Journalism."
      Joined Reuters:
      2009
      Languages:
      English, Hindi, Bengali
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