Retail Rampage: Earnings From Big Stores Dominate Picture, With Guidance Cuts A Concern - News Summed Up

Retail Rampage: Earnings From Big Stores Dominate Picture, With Guidance Cuts A Concern


Despite all the focus on retail this morning, China trade isn’t completely out of the picture. That was clear Tuesday when semiconductor firm Qorvo (QRVO) lowered its guidance and said it now assumes no Q2 sales to Huawei. Rethinking Q2 Earnings? That’s down from its estimate a month ago for slight Q2 earnings growth. Investors need to understand the risks posed to their individual holdings from a possible negative outcome on the China trade negotiations.


Source: Forbes May 22, 2019 13:31 UTC



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