U.S. companies expected to report worst sales fall in nearly six years


(Worthy News) – U.S. companies are expected to report their worst sales decline in nearly six years when they post second-quarter results, giving investors reason to worry about future profits, Reuters reported.

Companies have managed to drive 2015 earnings by cutting costs, a practice they turned to during the financial crisis. They have also used share buybacks to lift earnings per share.

But it is hard to make a case for sustained earnings growth given forecasts for a second-straight quarter of revenue decline at S&P 500 companies, which begin reporting financial results in earnest this week. [ Source ]

8
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X

Latest Worthy News

Netanyahu Office Rejects ‘Qatar-Fake’ Claims as Bennett Escalates Attack Over Alleged Media Influence Affair
U.S. Economy Roars Ahead With 4.3% Growth, Defying Inflation and Labor Headwinds
U.S. Supreme Court Urged To Take Up Maine Parental Rights Case
Supreme Court Blocks National Guard Deployment To Chicago
Trump Prays For Favorable Supreme Court Ruling On Tariff Authority
Libyan Military Chief Killed In Private Plane Crash After Takeoff From Ankara
Dutch Town On Edge After Car Hits Crowd At Christmas Lights Parade
Massive Russian Drone And Missile Strikes Kill Child, Knock Out Power Across Ukraine Before Christmas (Worthy News Radio)
Nigerian School Abduction Ends as 130 More Children Freed Ahead of Christmas
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News