2 Stocks That Just Shattered Earnings Expectations
With travel costs rising and overall inflation putting pressure on the wallets of both consumers and businesses, many experts are concerned that spending could slow dramatically. And to be fair, that could be true. In fact, we're already seeing a slowdown in spending on some discretionary items.
However, not all businesses are being affected by the current economic climate. In fact, a major hotel operator and the world's largest mall company just reported results that gave investors a pleasant surprise.
Ryman Hospitality Properties' (NYSE: RHP) latest results show that not only are travelers absorbing the higher costs, but demand remains strong even with the economic headwinds.
Source Fool.com
