Thought I’d post a section of the earnings trends summary I posted on the stagflation thread here, since it seemed relevant as @Shadowstars pointed out these clothing companies all struggling with supply chain logistics/inflation:
“The first quarter marked the highest percentage of S&P 500 companies citing “Ukraine” on quarterly earnings calls going back to at least 2010 at 59% (281 out of 476). By comparison, 85% of S&P 500 companies (406 out of 476) have cited “inflation” on earnings calls for Q1, while 74% of S&P 500 companies (352 out of 476) have cited “supply chain” on earnings calls for Q1.”
“ As a matter of fact, although we saw a bit of a slowdown focused mostly on Europe at the onset of the invasion of Ukraine, we saw a bounce back and we really exited Q1 with momentum. -Autodesk (May 26) ”
