Morning Meeting: Strength of U.S. Consumer

The video discusses consumer spending trends, highlighting a rise in spending but noting that not all retailers benefit equally. Back-to-school shopping has been a positive area for some retailers, with expectations of slow growth in apparel and footwear. Investment opportunities are explored, with Hanesbrands identified as a promising stock due to its strong brand portfolio and market position. The competitive landscape in sportswear is examined, with Adidas gaining momentum through its collaboration with Kanye West, outpacing competitors like Nike and Under Armour.

What trend was observed in consumer spending for the fourth consecutive month?

• A decrease in spending

• Fluctuating spending

• An increase in spending

• No change in spending

What factor contributed to the success of the back-to-school season for retailers?

• High prices compared to last year

• Late shopping by consumers

• Early shopping and easy comparisons

• Decreased consumer interest

Which stock is highlighted as having a promising outlook in the apparel and footwear sector?

• Adidas

• Hanesbrands

• Under Armour

• Nike

What recent product launch by Adidas is mentioned as a success?

• Adidas Ultraboost for adults

• Adidas Superstar for infants

• YEEZY Boost 350 for infants

• YEEZY Boost 350 for adults

Which brand is noted for having momentum in the competitive sportswear market?

• Puma

• Adidas

• Under Armour

• Nike