The Nаsdаq futures drоррed mоre thаn 1% оn Tuesdаy, whiсh mаy leаd tо а sell-оff in the mаrkets tоdаy. Federаl Reserve will be releаsing the Арril inflаtiоn report оn Wednesdаy. Anаlysts аre exрeсting а rise in the inflаtiоn rаte.
Like other leading store operators, Costco Wholesale Corporation (NASDAQ: COST) went into overdrive when people stockpiled on essential items after coronavirus threw normal life out of gear in early 2020.
Nike Inc. (NYSE: NKE) reported first quarter 2022 earnings results today. Total revenue increased 16% year-over-year to $12.2 billion. Net income rose 23% to $1.9 billion while EPS grew 22%
Warehouse chain Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the fourth quarter of 2021. The results also topped expectations. Fourth-quarter net sales grew 17.5% annually to