Supply chain shortages resulting from the pandemic, instigated rallies in a variety of commodities, including natural gas. Just as those concerns were abating, the war in Ukraine reinvigorated the rally in these markets and sent many commodities well above 2021 highs.
Over the years, investors have paid more and more attention to Black Friday and Cyber Monday sales results. So much so, that the results, mainly the positive ones, instigate rallies in the corresponding retail issues.
There are some disadvantages to reporting earnings after one of your peers in the sector. The major one is the company reporting first can set an extremely high bar for the second to clear.