Consumer sentiment declines to 50.8 in April, raising economic concern, but companies adapt strategies
From Zacks Investment Research: 2025-04-16 05:38:00
Consumer sentiment has dipped, with the University of Michigan’s preliminary report showing a sharp decline to 50.8 in April from March’s 57.0. This marks the fourth consecutive month of decline, raising concerns over economic conditions and inflation. Companies like Sprouts Farmers Market, BJ’s Wholesale Club, Chewy, and Kroger are adapting to shifting consumer behaviors. Sprouts Farmers focuses on product innovation and competitive pricing, while BJ’s Wholesale drives growth through membership and digitization. Chewy boosts engagement with autoship and personalization, and Kroger leads with fresh offerings and digital acceleration. These companies are positioned to weather economic uncertainties.
Read more at Zacks Investment Research: The Zacks Analyst Blog Sprouts Farmers Market, BJ’s Wholesale Club, Chewy and The Kroger – April 16, 2025