Burt Flickinger

Lori Calvasina, Head of U.S. Equity Strategy at RBC Capital Markets, shares her insights on stock market trends and investor sentiment as the year progresses. Burt Flickinger, Managing Director at Strategic Resource Group, discusses the retail landscape, highlighting the shift towards low-end retailers and new consumer behaviors in the back-to-school season. Both experts analyze the economic pressures faced by consumers and how these dynamics could influence market strategies moving forward.

Burt Flickinger, Managing Director of Strategic Resource Group, shares his insights on Costco's impressive resilience against economic challenges. He highlights how Costco's strong earnings of $4.28 per share outperform analyst expectations, showcasing its unique business model. The discussion also contrasts Costco's competitive edge over Sam's Club and explores Walmart's thriving sales amidst distribution struggles at Target. Flickinger dives into the leadership dynamics shaping the retail landscape, emphasizing Costco's strategic advantages compared to other major players.