Tyler Crowe

Was there any clues to you or worthwhile tidbits about the housing market writ large that you saw from either of these companies?

I want to toss one more tidbit into that, too.

As you said, housing prices, mortgage rates, but also, there's that sentiment thing.

I think there's a lot of consumer sentiment, especially around things like unemployment.

We're seeing job cuts.

We're seeing consumer sentiment surveys are way, way down.

Even with lower mortgage rates, if people are in such a malaise in terms of their spending, that's going to make it that much harder.

To take it one step further, it's not just that the rates have to come lower.

People, I think, are going to have to actually get comfortable with those rates to really take on that big project.

Coming up after the break, the marathon for earnings continues with America's largest retailer.

Normally, we wrap up the Thursday show with stocks on our radar, but with so many intriguing earnings stories this week, we're going to do one more, and that's Walmart's earnings.

This one stood out again this quarter because after Target reported earlier this week and went into their bag of management excuses, Walmart once again put up great numbers and raised its sales outlook for the fiscal year.

Now, John, you, Rachel, and Travis covered targets earnings yesterday, so we're not going to get too deep into targets numbers specifically.

Matt, I want you to give the results of Walmart.

And then, John, I want to ask, after seeing Walmart's results, have it kind of changed your opinion on targets at all?

Yeah.

At this point, I'm not sure how many more excuses Target can have because this is becoming quite the quarterly tradition where

Management says something that outside of their control is wrong.

Then Walmart makes Target's management look silly less than 48 hours later, even with a change in CEO.

We got a new Walmart CEO this quarter.