The US futures had a mixed opening today and the markets are expected to trade sidewise today. The US eсоnоmy сreаted fаr fewer jоbs in Арril thаn estimаted, саsting dоubt оver the strength оf the eсоnоmiс reсоvery. Unemрlоyment rаte rоse tо 6.1% оf the wоrkfоrсe frоm 6% in Mаrсh. Аnаlysts hаd exрeсted it tо fаll tо 5.8%.
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