Eyes on the consumer: NIke and Lululemon reports after the bell ...Middle East

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Eyes on the consumer: NIke and Lululemon reports after the bell
It's probably a mistake to focus on corporate commentary around the consumer because it can vary from one company to the next. Plus, there's a temptation for executives to blame the macro situation whenever their company is struggling.Yesterday, I would note that Couche Tard, one of the largest convenience store operators in North America, saw a drop in same store sales in both Canada (-1.2%) and even worse in the United States (-1.5%)."On the consumer side, on the convenience side specifically, it's really that lower income consumer that we're seeing strain today. One example would be our EBT or SNAP, which is a U.S. federal government program for low-income consumers. Our SNAP volume or re

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