Disclaimer: when we talk about that, that something has grown up, we mean a comparison with the same quarter a year ago. Since all issuers from the United States of America, then all indicators in dollars. When developing thought, sources were used, hard-to-reach for users from Russia. Putting our hopes on, Do you understand, what to do.
Watching reports
Nike (NYSE: NKE) showed revenue growth of eighty-six percent. This sumptuous result became possible due to the fact, that in the first half of 2020 the company was knocked out due to quarantine measures, store closures and other accompanying troubles. Basically, there is progress, even compared to the "pre-war" time: in relation to the corresponding time period in 2019, revenue increased by twenty-one percent, and this is a good result. Regarding income, then, in relation to 2020, the increase was 291%, last year's loss of 790 million was replaced by a profit of 1.509 billion. Compared to the corresponding time period in 2019, then the profit increased by 52,57 %. In general, you can see, that the company has already recovered from the consequences of the coronavirus crisis and is harvesting a rich harvest from the resumption of consumer activity.
У Accenture (NYSE: ACN) revenue increased by twenty-one percent - sales growth was in all sectors and regions. Profit increased from 1.252 billion to 1.569 billion. Indicators turned out to be better than expected.
Unhappy Carnival cruise ship operator (NYSE: CCL) provided financiers with data on their own situation: losses decreased from 4.374 billion to 2.072 billion. The activity of the company's vessels is at the level of more than fifty percent - this is, naturally, far from the norm of pre-corona crisis times. Basically, the number of armors for 2022 already surpasses the specifications of 2019, so, may be, the worst for the company is already behind. However, financiers should still keep in mind the threat of the spread of new varieties of coronavirus infection and the resulting likelihood of a new quarantine..
У Patterson Companies (NASDAQ: PDCO) revenue increased by 21,4%, and last year's loss of 608.586 million was replaced by a profit of 28.514 million. Truth, such progress has taken place only because, that last year the company had a one-time write-off of the value of intangible assets.
Progress Software (NASDAQ: PRGS) increased revenue by 22%, but the profit decreased by 20% due to high integration costs of previously purchased enterprises.
Cognyte (NASDAQ: CGNT) showed revenue growth by 13,1%. Sales increased in all segments, apart from professional services, - there the fall was 19,54%. Losses increased from 661 thousand to 3.283 million.
Work for everyone, but not for everyone
In a number of investments and reviews, for example, DoorDash and Grubhub, We spoke, that the American labor market has risen from the coronavirus hibernation and companies are actively hiring new workers, and workers themselves are actively leaving their former jobs, because they have more choice in the total mass of vacancies. Generally, everything is just like in 2019, before the world turned into a coronavirus concentration camp.
Only unemployment rates today are not at all like in 2019: 5,8% compared to 3,5% in January 2020. New York Stern University researcher Niklas Engbom recently released a study, which partly explains this mystery. Unemployed people send on average to 10 times more applications every month in comparison with the employed - and companies are drowning in the applications of job seekers. As a result, company management decides to limit recruitment due to the large time and money spent on finding a suitable candidate.. This is not good news for companies., working in the field of HR, since the revenue of these issuers directly or indirectly depends on the number of employees in the enterprise they serve. If employers are not working at full capacity, then this is holding back the growth of revenue of HR companies. However, I think, that this is more of a seasonal "bug", which will be corrected over time.. Moreover, the number of vacancies in the field of HR is growing - so they definitely do not sit without work..
Full stop
The average age of cars in the US has reached 12.1 years. This is a record! There are several reasons for this growth..
Increase in the quality of cars. 20 years ago, the average American car could travel 100,000 miles in its "lifetime". Today she can travel 200 thousand miles or more..
Increase in the cost of cars. This factor has become very important for car enthusiasts due to the rise in prices and shortages of semiconductors.. Modern cars are very demanding on electronics., therefore, the market “receives less” new cars, because the factories are. In this regard, many potential buyers often cannot even choose between a new and a used car.: there are too few new cars on the market now and we have to look for them in the secondary market.
This is all very good news for car dealers., and for suppliers of spare parts. We have a lot of issuer parsing, working in these areas.
This company, this monster!
Amazon continues to rampantly increase its capacity: the company opens a huge, 76,18 thousand square meters, new warehouse in Louisiana for a thousand employees. And this is a good reason to talk about her personnel policy..
Amazon has a huge turnover: every week she loses 3% their employees, that is, every 8 months she has, in fact, the state is completely renewed. Amazon also has cartoonishly villainous health guidelines for its employees.: Over there, for example, employees are advised to buy shoes one size larger, to make swollen legs more comfortable from long walking with loads. And the company advises truck drivers to periodically turn off the application with recommendations for safe driving., which, By the way, must be included. The explanation is simple: if it is safe to drive all the time, then it will not work to fit into the norm of the amount of delivered goods.
In this regard, it is not surprising that, that working at Amazon cripples people. The number of serious injuries in Amazon warehouses times in 2 (!) more, than compared to competitors: out of 100 Amazon workers at work get injured 5,9, and at Walmart — 2,5.
For Amazon shareholders, all this can mean risks., related to ESG. For example, the company could theoretically be boycotted. On the other hand, have an opinion, that "ESG is like a drawbar: where did you turn, and it went there” and the corresponding benefits or punishments fall on companies not because, that they really did something bad, and therefore, that they do not suit the establishment, controlling financial flows. The same Amazon has long earned itself on ostracism, given the terrible practices. So that, as I see it, the company's quotes have long been under the threat of a boycott by socially responsible investors.
But even if the company's shares are not punished for such behavior, then, given the situation on the labor market in the United States, the company does not look very attractive in the eyes of ordinary warehouse employees - and it already has to increase their wages and give them various bonuses. And this may not affect her reporting in the best way..
