Tractor Supply (TSCO) Delivers a Ho-Hum Qtr as Sprung Sprung Late this Year
Spring was a little late to arrive this year, causing Tractor Supply’s (TSCO) customers to delay buying Spring seasonal items.
Spring was a little late to arrive this year, causing Tractor Supply’s (TSCO) customers to delay buying Spring seasonal items.
Lockheed Marting (LMT) got a nice boost to revenue from its Space division. And International tensions are boosting demand.
UnitedHealth (UNH) is making an effort to get more lower-margin government business. And profits are down a bit do to this.
Johnson & Johnson (JNJ) is set to spin off its Consumer Brands division this week, which could make J&J a faster growing company.
Nike (NKE) continues to grow sales at a robust rate (+14% last qtr), especially in North America (+27%) as is slashes inventory.
Dollar General (DG) delivered solid results last quarter, but management sees lower profits through the first two quarters of 2023.
Factset Research (FDS) has been a dependable double-digit grower — both profit-wise and stock-wise — that continues to deliver.
Adobe (ADBE) delivered a surprisingly strong quarter as its software is proving to be quite resilient in weak economic times.
Accenture (ACN) delivered solid bookings growth of 13% last quarter as it sees strong demand in large transformational deals.
Costco (COST) members are feeling the pinch of a weak economy as they shy away from luxury purchases. Still, profits are good.
Domino’s (DPZ) is hurting from competition in the food delivery space from the likes of UberEats, GrubHub and DoorDash.
TJX’s (TJX) Marmaxx division — TJ Maxx and Marshalls — delivered solid growth last quarter as US shoppers were looking for bargains.