Consumer spending is still climbing for retail overall, However, even with the relatively healthy individual balance sheets, shoppers are nonetheless diverting a larger share of their wallets to non-discretionary categories and reprioritizing experiences like travel.

May 5, 2022 / CEO / receipt, needs a key / Niraj Shah, CEO | earnings call 2022-05-05 | transcript 2d04b59a-b8ce-4419-b5d2-99ee39992e28 | chars 4318-4585 | segment 4