High Inflation and a Strong US Dollar Hurt Johnson & Johnson (JNJ)
The combination of inflation and a strong US dollar hurt Johnson & Johnson’s (JNJ) profits last qtr and reduced estimates for the year.
Sherwin-Williams (SHW) is Seeing Strong Demand from Architects
Sherwin-Williams (SHW) is seeing strong demand from professional architects, weak demand from DIY, and high raw material costs.
Mature Apple’s (AAPL) Numbers Aren’t Looking Too Good
Apple (AAPL) may have finally matured, as analysts expect just 9% profit growth this year, and only 5% growth the next two years.
Ecolab (ECL) Expects to Get Back to More Ecolab-like Performance
Ecolab’s (ECL) used to profits almost every year. Not lately. Management expects the company to get back on track by th end of 2022.
Rural Revitalization and Pet Ownership Helping Tractor Supply’s (TSCO)
Tractor Supply (TSCO) is delivering stable results as people move to rural areas and require food and fencing for their pets.
Domino’s (DPZ) is Delivering Poor Results as the Company is Short Staffed
Domino’s (DPZ) is posting poor results as it laps strong results the past two years. The company also has staffing shortages.
Fastenal (FAST) Saw Some Signs of Softening Demand in May & June
Fastenal (FAST) stock has been weak after management said there was softening demand in May & June. The numbers still look great.
Waste Management (WM) Breaks Out to an All-Time High
Waste Management (WM) delivered outstanding results last qtr, causing the stock to break out to a new All-Time high.
Pool Corp (POOL) Gets 80% of Revenue From Already Installed Pools
Pool Corp (POOL) is down because people think the housing decline will hurt pool sales. But 80% of revenue is from installed pools.
Tesla (TSLA) Delivered a Quarter-of-a-Million Vehicles Last Qtr
Tesla (TSLA) delivered 254,695 vehicles last qtr despite COVID shutdowns. Still, the future of the stock depends on Full Self Driving.
PepsiCo (PEP) Invests in Celsius Energy to Give Sales an Added Boost
PepsiCo (PEP) is growing sales rapidly (13% & 14% the past 2qtrs). And now its investing in Celsius Energy for an added boost.
UnitedHealth’s (UNH) Profits Boosted By Lower COVID Medical Costs
UnitedHealth (UNH) grew profits a solid 19% last qtr as lower COVID-costs helped the medical care ratio fall from 82.8% to 81.5%.