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Post by downriver on Apr 30, 2024 20:51:10 GMT -8
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Post by downriver on May 1, 2024 6:01:37 GMT -8
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Post by swmtnbackpacker on May 2, 2024 8:40:40 GMT -8
To set the “macro” stage, .. the economy is softening due to Fed action against inflation.. as even McDonald’s warned consumers are close to cracking. www.cnbc.com/2024/04/30/companies-from-mcdonalds-to-3m-warn-inflation-is-squeezing-consumers.htmlIf people are skipping McD’s devilish delicious fries, they are probably cutting back on outdoor gear. Also there was a splurge … so casual users probably have full gear closets. Also the numbers. Retail woes took a toll on outdoors retailers across the board last year. Sounds like REI suffered a proportionate loss, but it makes up much of the US outdoor market. So the loss should be in line as they are not that special.
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