Weekly Truist Card Data for Goods - Discretionary Ending 7/11/26

Research evidence excerpt

Weekly Truist Card Data for Goods - Discretionary Ending 7/11/26

Truist Securities

Equity Research Report July 15, 2026

Weekly Truist Card Data for Goods - ::DataDriven

by Truist Securities Discretionary Ending 7/11/26

In this bi-weekly report, we examine Goods with a focus on 19 brands across

Automotive, Sporting Goods, Electronics, Home & Garden, Beauty and Specialty

JP Gravitt Retailers.

212-590-0947

John.Gravitt@truist.com The Truist Card Data (herein referred to as “the Data”) implies that Ulta (ULTA, NR),

and Etsy (ETSY, Buy, Squali) are tracking ahead of Street expectations.

Timothy McLynn

212-590-0979

Timothy.McLynn@truist.com

Hasan Iqbal

404-813-7985

Hasan.Iqbal@truist.com

Nicholas Ramallo, CFA

404-926-5382

Nicholas.Ramallo@truist.com

7 Page Document

Reasons for this report

✓ Weekly Truist Card Data Update -

Discretionary

Source: Truist Securities DataDriven Team. Note that Estimate refers to consensus estimates

We will regularly update different sectors and roughly 150 tickers in this format

comparing Truist Card Data insights versus Street consensus expectations with an

easy-to-follow table seen on the following page. Companies will appear on this list after

30 days into their current quarter.

Please contact your Truist Securities Salesperson to further discuss the data.

Note: The analyses performed by the Truist Securities’ DataDriven Team are based upon

transaction data generated from anonymized Truist Banks, Inc. credit and debit cards, and/or,

when specified, other data sources. These analyses are periodic and systematic, are not meant

to convey recommendations of any securities and do not contain information sufficient upon

which to base an investment decision.

SEE PAGE 6 FOR REQUIRED DISCLOSURE INFORMATION