HP Sales Rise, but Fall Short of Estimates - News Summed Up

HP Sales Rise, but Fall Short of Estimates


HP Inc.’s sales missed Wall Street targets in the most recent quarter, weighed down by the weaker-than-expected sales of printing supplies to commercial customers. Part of the problem, company officials said, was overestimating demand after relying on “lagging and incomplete market share surveys.” Also more commercial customers bought items online, a shift that Chief Executive Dion Weisler said will require the printer and personal-computer giant to expand and strengthen its digital presence. The printing segment, which...


Source: Wall Street Journal February 27, 2019 21:09 UTC



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