Another sign that US consumers are swimming in problems ...Middle East

forex live - News
Another sign that US consumers are swimming in problems
If you don't know Pool Corporation, it's one of the all-time great compounders. It specializes in swimming pool supplies, equipment and products, locking down the entire industry. It has been one of the top-20 US stocks for decades as it rode the wave of housing investment and a demographic shift to warmer climates.Today, however, it opened 11.3% lower in one of its worst performances ever. It's since trimmed that to 6.4% but it may be a sign of macro deterioration.In a release, the company said:"POOL has provided an update on the 2024 swimming pool season and revised its earnings guidance. The company reports a 6.5% decline in year-to-date net sales compared to 2023. Q2 2024 revenues missed

Hence then, the article about another sign that us consumers are swimming in problems was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Another sign that US consumers are swimming in problems )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News