Consumer and Travel Firms Beat Expectations in a Mixed Earnings Week
Several consumer-facing companies reported better-than-expected quarterly results, helped by resilient travel demand and improved pricing discipline. Shares in airlines, hotel groups, and selected retailers moved higher after the reports.
Analysts said the results suggest spending remains uneven rather than broadly weak, with service-heavy sectors still outperforming goods in several markets.
Sources: Bloomberg, CNBC, Financial Times