March quarter retail sales data may disappoint
Xero shares led the market higher last week
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Retail sales figures due this week risk disappointing the market in the same way weak retail sales data in the US on Friday led to a hammering of retail shares.
US retail sales rose a less-than-expected 0.4% in April as lower-than-expected same-store sales at JC Penny pushed its shares down 14%
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Jenny Ruth
Mon, 15 May 2017
Mon, 15 May 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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March quarter retail sales data may disappoint
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