Early third-quarter earnings show a 'resilient' U.S. consumer, with signs of strain — SkimNews
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- Coca-Cola reported flat North America unit case volume in the third quarter, indicating stable demand despite higher prices, and raised its full-year forecast to at least 11% earnings growth
- Royal Caribbean saw a 9% year-over-year increase in guests served during the third quarter and reported strong 2027 booking volumes 'up in the high teens,' citing sustained consumer demand for vacations
- Sherwin-Williams delivered 7.9% year-over-year sales growth in the third quarter driven by higher prices, though raw material and supply chain costs limited earnings and demand remains muted
- UPS achieved a 4.5% revenue increase in the U.S. during the third quarter, raised its full-year revenue forecast to $92.6 billion, and maintained that consumers are resilient ahead of the holidays
- Whirlpool missed both top and bottom line estimates for the third quarter, cut its full-year revenue guidance, and reported an over 8% year-over-year sales decline in North America
Why it matters: While most companies see continued consumer spending, Whirlpool’s sharp sales drop and guidance cut reveal growing divergence in spending behavior—essential goods and travel hold up, but big-ticket appliances are being deferred, signaling potential strain beneath the surface of aggregate resilience.
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