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Dollar Tree, Best Buy, HP and others: main reports from 23 november

Many large retailers reported yesterday, and another manufacturer of office equipment. Here's how investors reacted to it. Dollar Tree (DLTR) — 144,7 $ (+9,2%) Revenue — $6.4 billion (+3,9%), earnings per share - 0,96 $ (−30,9%). Like many, chain of cheap stores faces high transportation costs due to supply disruptions. The company reported, that transport costs were higher, than expected. All this affected net income.. Dollar Tree also promised to expand the range with more expensive products.. Already in the first quarter of 2022, most of the goods in the store will cost 1,25 $. So the company plans to compensate for transportation and other expenses., and increase profitability. In 2015, following the purchase of the ineffective Family Dollar chain, the retailer's gross margin decreased from 35 to 30%. Now Dollar Tree intends to return its previous margins.. This is one of the requirements of Mantle Ridge - an activist company, which bought about 6% retailer shares. For the first time, the discounter chain started talking about price increases at the end of September., Two months ago. During this time, the company's shares have already grown by 70%. Best Buy (BBY) — 121 $ (−12,3%) Revenue — $11.9 billion (+0,5%), earnings per share - 0,96 $ (+35,1%). The electronics seller reported better than expected and even slightly raised its sales forecast for the year. But it didn't help stocks.. Demand for computers and other equipment has grown significantly during the quarantine. So, in 2020 Best Buy sales grew by 8% - a lot more, than in 2018 and 2019. Then the revenue added only 2%. Investors are now worried about the company's sales, because consumers are shifting their attention from technology to travel and other entertainment. Все это может вынудить Best Buy распродавать свои

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Fix Price Company Review: first half results 2021 of the year

Fix Price Group Ltd. (MCX: FIXP) — international network of fixed price discounters, registered in Cyprus, but leading business in the countries of the former USSR both in the form of its own stores, as well as franchising. In the Russian fixed price retail market, the company occupies a position, close to monopoly.

Investors Dumping Zoom As Growth Slows

The developer of online service for video communication Zoom Video Communications reported for the third quarter of 2022 financial year. Results were slightly better than expected, although the rate of revenue growth has slowed down significantly. On the postmarket, the company's shares fell by 6%, to 227 $. What has changed Compared to last year, Zoom's revenue grew by 35%, up to a billion dollars. This is the slowest growth rate since 2018. For comparison: at the end of last year and the beginning of this year, revenue increased by 350-370%. Most of the growth in revenues from large companies. Zoom now has 2,500 clients, each of which brings more than 100 thousand dollars a year. It's on 94% more, than a year ago. But the number of small customers grew by only 18%, up to 512 thousand. Compared to last year, net profit increased by 72%, up to 340 million, adjusted net profit — on 14%, up to 338 million dollars. Zoom sales began to grow rapidly in the midst of a pandemic in the spring of 2020. Then the companies, schools and institutes sent employees and students to a distance, and for communication began to use Zoom. Now, as quarantine restrictions are lifted, revenue growth has begun to slow down.. As predicted by Zoom, in the next quarter, sales will increase even less - by 19%. To find another point of growth, Zoom wanted to buy Five9, a developer of call center software, for $15 billion. Later found out: deal will not take place, and Zoom will develop its own software in 2022. Investors have long been building slower revenue growth into the company's share price.. From October 2020, when papers were at their highest 580 $, shares have fallen by 60%, to 227 $. Index S&P 500 for the same period added about 35%. Zoom Revenue and Q4 Forecast, млн долларов 1к2020 122 (+103%) 2к2020 146 (+95%) …

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Review of NLMK's financial results for the third quarter

NLMK (MOEX:NLMK) — international metallurgical company, which is engaged in the production of high quality steel products. As of the end of 2020, the group took a share 19% in the global slab market and share 21% on the Russian steel market.

Investors choose sellers' stocks, who are not shy about raising prices

Last week, many retail chains published financial reports. Shares of companies, who decided to maintain prices and customer loyalty, fell. But those papers, who decided to survive inflation at the client's expense, vice versa, have grown. Save people money Retail chains Walmart and Target reported for the third quarter.

Norilsk Nickel Review: the world's largest producer of nickel and palladium

Norilsk Nickel (MOEX: GMKN) — one of the global leaders in the mining and metallurgical industry, the company accounts for global production 44% palladium, 22% nickel, 15% platinum and 14% cobalt. At the beginning of 2021, the total proven reserves of the enterprise amounted to 742.8 million tons of raw materials, which provides it with resources for the following 75 years.

Alibaba shares fell 11% after the report. What's happened?

In the second quarter, which ended 30 September, the retailer's profit fell by 81%, e-commerce revenue growth has slowed down, The company also lowered its sales forecast for the year.. Core income is not growing Alibaba's revenue grew by 29%, up to 201 billion yuan, or $31 billion.

Barrick Gold Review: the second gold miner in the world

Barrick Gold Corporation (NYSE: GOLD) is one of the world leaders in the gold mining industry, which works in 13 countries of the world, produces approximately 4.5 million ounces of gold per year and has a total reserve of about 68 million ounces..

Nvidia's quarterly revenue grew by 50%

The developer of graphics processors Nvidia reported for the third quarter of 2022 fiscal year. Here's how the key financial indicators grew compared to last year: revenue — on 50%, up to $7.1 billion; operating profit — on 91%, up to 2.7 billion; net profit — on 84%, up to 2.5 billion.

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