3 Recession-Proof Consumer Brands Crushing Earnings Estimates
Chipotle Mexican Grill(CMG) Investor Place·2024-07-02 18:00
The reduction in consumer spending and increase in prices has shaken most of the consumer brands in the U.S. These trends have left most average Americans spending more on necessities such as groceries. Most non-necessary consumer brands have been forced to bear the brunt of the slowing economy. However, these three recession-proof consumer brands are proving resilient in the face of the biting economy. Crushing market estimates, they strongly indicate improved earnings. Whether through strategic business d ...