Topics

Forecasts

Walmart forecasts promising holiday season as online sales soar

Walmart forecasts promising holiday season as online sales soar

By: Melissa Fares, Aishwarya Venugopal
Source: Reuters
Date of Publication: November 17th, 2020
Walmart Inc WMT.N said on Tuesday it was optimistic about its holiday sales prospects in a pandemic-ridden year after the big-box retailer beat Wall Street expectations for quarterly results as Americans increasingly shift their spending online.
Under Armour expects demand for sneakers, face masks to drive annual revenue

Under Armour expects demand for sneakers, face masks to drive annual revenue

Source: Reuters
Date of Publication: October 30th, 2020
Under Armour Inc UA.NUAA.N forecast its annual revenue above Wall Street expectations on Friday, as a pandemic-driven trend to exercise outdoors resulted in a surge in demand for running shoes and face masks.
Procter & Gamble_P&G Beat Earnings Forecasts. Why Its Stock Refuses to Budge. _Barron's

P&G Beat Earnings Forecasts. Why Its Stock Refuses to Budge.

By: Procter & Gamble
Source: Barrons
Date of Publication: April 17th, 2020
Procter & Gamble reported solid earnings—given the Covid-19-induced economic turmoil—Friday morning. Sales growth, however, is slowing, but not because of the virus.